Principal Islamic PRS Plus Asia Pacific Ex Japan Equity (formerly known as CIMB Islamic PRS Plus Asia Pacific Ex Japan Equity) - 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 Asia Pacific Ex Japan Equity (formerly known as CIMB Islamic PRS Plus Asia Pacific Ex Japan Equity) - Class C -3.33 % 7.61 % 7.24 % 21.68 % 50.78 % 0.7539 14.70
Benchmark 2.15 % 16.13 % 18.06 % 42.74 % 92.78 %
Benchmark : Dow Jones Islamic Market Asia/Pacific ex Japan 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 capital growth over the long-term by investing in a target fund with investments in the emerging and developed markets of Asia Pacific ex Japan region that comply with the Shariah principles.
 

This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are seeking for capital appreciation;
  • are willing to accept significant fluctuation in the value of his/her investment; and/or
  • want investments in the Asia Pacific ex Japan region.

Fund Details

Fund category / Type Feeder Fund – Equity (Shariah-compliant)
Benchmark The Fund adheres to the benchmark of the Target Fund. The benchmark of the Target Fund is MSCI AC Asia ex Japan Islamic Index for performance comparison purpose only.
Asset Allocation

Before 1 June 2020

  • At least 95% of the Fund’s NAV will be invested in the Target Fund; 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 85% of the Fund’s NAV will be invested in the Target Fund; and
  • Up to 15% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose
Principal risks Risks associated with investment in the Target Fund.
Target Fund risks Reclassification of Shariah status risk, stock specific risk, interest rate risk, risk associated with investing in Islamic CIS, country risk, currency risk, risks associated with investment in Shariah-compliant warrants and/or Islamic options and credit and default 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

Note:
* Notwithstanding the maximum Sales Charge disclosed above, Members may negotiate for lower charges but it is subject to Principal Asset Management Berhad’s discretion.

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.