Principal Islamic PRS Plus Moderate (formerly known as CIMB Islamic PRS Plus Moderate) - Class C

Fund Performance

As at date :
As at date :
Fund Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (MYR million)
Principal Islamic PRS Plus Moderate (formerly known as CIMB Islamic PRS Plus Moderate) - Class C -0.91 % 6.95 % 12.37 % 22.78 % 41.20 % 0.7060 2.93
Benchmark 2.24 % 4.36 % 5.82 % 11.48 % 23.25 %
Benchmark : 60% FTSE Bursa Malaysia EMAS Shariah Index + 40% Quant shop GII Short Index

Income Distribution History

Disclaimer : Annualised yield is calculated as the most recent monthly dividend distribution multiplied by the Fund’s dividend frequency and divided by the latest NAV.

General Information

The Fund seeks to provide a moderate level of capital growth over the long-term by investing in a diversified portfolio of Shariah-compliant equity and sukuk.
 

This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are willing to accept some fluctuations in the value of his/her investment; and/or
  • want a diversified portfolio of Shariah-compliant equities and Sukuk that may have some foreign exposure.

Note: For Default Option, this Fund is selected for Member who is 45 years and above but has yet reached 55 years.

Fund Details

Fund category / Type Core (Moderate)
Benchmark 60% FTSE Bursa Malaysia EMAS Shariah Index + 40% Quant shop GII Short Index for performance comparison purpose only.
Asset Allocation

Before 1 June 2020

  • At least 40% of the Fund’s NAV will be invested in Sukuk;
  • Up to 60% of the Fund’s NAV may be invested in Shariah-compliant equities; and
  • Up to 5% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose.

With effect from 1 June 2020

  • At least 40% of the Fund’s NAV will be invested in Sukuk, of which up to 5% of the Fund’s NAV may be invested in unrated Sukuk;
  • Up to 60% of the Fund’s NAV may be invested in Shariah-compliant equities; and
  • Up to 5% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose.
Principal risks Stock specific risk, credit and default risk, interest rate risk, country risk, currency risk, risks associated with investment in Shariah-compliant warrants/ Islamic options and reclassification of Shariah status risk.
Distribution policy The Fund is not expected to pay any distribution.
Launch date 12 November 2012.
Financial year-end 31 August.
Cooling off period Six (6) Business Days from the date the application form is received and accepted by the PRS Provider. Please note that this cooling-off right is only given to a first time Member registered with PPA who is investing with any PRS provider.
Minimum contribution RM 100
Minimum additional contribution RM 50
Minimum withdrawal RM50 or 100 Units.

 

 

Fund Partner

  • Principal Distributors
  • CIMB Bank

Click here to know more about our fund partner(s).

Fund Fees

Fees and charges charged by Principal Asset Management

Sales Charge Max. 0.50% of the NAV per unit.
Management Fee* 1.50% p.a of the Fund’s NAV.
Transfer Fee (to another PRS providers) A maximum of RM25 may be charged for each transfer to another PRS provider.
Note: All transaction on the transfer between PRS provider are only allowed for Vested Units.
Trustee Fee^ 0.04% p.a. of the NAV of the Fund

* The annual Management Fee is accrued daily based on the NAV of the Fund and paid monthly.
^ The annual Trustee Fee is accrued daily based on the NAV of the Fund and paid monthly. The Trustee Fee includes local custodian fees and charges but excludes foreign sub-custodian fees and charges.

Fees and charges charged by Private Pension Administrator ("PPA")

PPA account opening fee RM 10*
PPA annual fee^ RM 8
PPA pre-retirement withdrawal Fee  RM 25 per transaction
PPA transfer fee (to another PRS provider)  RM 25 per transaction
PPA administration fee# 0.04% p.a. of the NAV of the Fund

* This fee is to be waived on any of the following conditions:
1) Contribution of minimum RM1,000 per transaction;
2) Monthly RSP of minimum RM100 per month through authorized banks; or
3) Other conditions as we may decide from time to time.
^ Not payable for the year the account is opened and on the year where there was no contribution.
# The annual PPA administration fee is accrued daily based on the NAV of the Fund and paid monthly.