Disclaimer

Not an Offer to Sell or a Solicitation to Buy

Each of the funds referred to in the Principal Asset Management Berhad (‘Principal’) website is intended only to be made available in Malaysia and offered only to persons in Malaysia. The data presented is for information purposes only and is not a recommendation to buy or sell any securities or adopt any investment strategy. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general, nor is it intended to predict or depict performance of any investment. The information it contains does not take account of any investor's investment objectives, particular needs or financial situation. You should consider whether an investment fits your investment objectives, particular needs and financial situation before making any investment decision.

Acknowledgement

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  1. have read, understood and agree to the above;
  2. are a Malaysian resident and you are accessing the information from within Malaysia; and
  3. agree to the exclusion by Principal of any liability for any loss (direct or otherwise) arising from the use of any part of the information contained in this website, and the exclusion of any liability in respect of any error or omission by Principal and any relevant third party.
     

Principal China-India-Indonesia Opportunities Fund

Fund Performance

As at date : 31-10-2023
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal China-India-Indonesia Opportunities Fund -0.49% -2.87% -0.91% 23.78% 82.40% 0.4059 65.13
Benchmark 2.74% 4.76% 13.82% 30.84% 76.20%
Benchmark : An equally weighted custom composite index of MSCI China Index, MSCI India Index, MSCI Indonesia Index.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.4113
-0.0012
-0.29 %
0.4125
0.0003
0.07 %
0.4122
-0.0010
-0.24 %
0.4132
-0.0009
-0.22 %
0.4141
0.0001
0.02 %
0.4140
0.0035
0.85 %
0.4105
-0.0035
-0.85 %
0.4140
-0.0016
-0.38 %
0.4156
0.0001
0.02 %
0.4155
-0.0012
-0.29 %
0.4167
0.0032
0.77 %
0.4135
0.0014
0.34 %
0.4121
-0.0010
-0.24 %
0.4131
0.0004
0.10 %
0.4127
-0.0030
-0.72 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2022 1.35 3.13
Oct-2021 1.53 2.92
Oct-2020 1.09 2.43
Oct-2019 1.34 2.99

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.

Unit Split History

General Information

Note: This fund under EPF Members’ Investment Scheme (EPF-MIS) is suspended with effect from 10 April 2023 and will cease to accept sales or switch-in after 4 April 2023, cut off time at 4.00pm. Existing fund holders may keep your monies in the fund, switch out or redeem.

Fund is an equity fund issued by Principal Malaysia. The Fund aims to achieve medium to long-term capital appreciation by capitalizing on investments ideas in undervalued listed companies which are domiciled or have significant operations in China, India and Indonesia.The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time without your prior consent.

This is neither a capital protected nor capital guaranteed fund.

Fund is suitable for investors who: 
  • Have a medium to long-term investment horizon;
  • Want to portfolio that focus in China, India and Indonesia;
  • seek capital appreciation; and
  • can accept that returns may fluctuate over the investment period.
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Fund Details

Distribution Policy Class MYR: Given its investment objective, the Class is not expected to pay any distribution.
 
Investment Time Horizon Recommended at least three (3) years.
 
Initial Investment#

Non-RSP: MYR 500 or such other amount as the Manager may from time to time decide.

RSP: MYR 500 or such other amount as the Manager may from time to time decide.

#Pelaburan awal minimum untuk KW-MIS adalah MYR1,000 atau jumlah lain yang ditentukan oleh KWSP atau mengikut jumlah yang dinyatakan di atas, mana yang lebih tinggi. Harap maklum bahawa mungkin ada perubahan pada status kelayakan Dana di bawah KWSP-MIS dari semasa ke semasa. Sila rujuk laman web kami di www.principal.com.my atau www.kwsp.gov.my untuk maklumat terkini.
 
Additional Investment Non-RSP: MYR 200 or such other amount as the Manager may from time to time decide. 

RSP: MYR 200 or such other amount as the Manager may from time to time decide. 
 
Cooling off period

For first time individual investor investing with us, you have six (6) Business Days after your initial investment (i.e from the date the completed application is received and accepted by us or our Distributors) to reconsider its appropriateness and suitability for your investment needs. Within this period, you may withdraw your investment at the same NAV per unit when the units were purchased or prevailing NAV per unit at the point of cooling-off (whichever is lower) (“Refund Amount”). We will pay the Refund Amount including the Application Fee (if any) to you in the currency of the respective Class within seven (7) Business Days from the date we receive the complete documentations. Please note that the cooling-off right is only given to first time investor investing with us or our Distributors. However, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trust funds are not entitled to the cooling-off right. 

If the Fund is an EPF-MIS approved fund and you have invested via the EPF-MIS, your cooling-off right is subject to EPF’s terms and conditions.
 
Minimum Withdrawal 500 units or such other unit amount as the Manager may from time to time decide.
 
Investment policy and strategy The Fund seeks to achieve its objective by investing primarily in equities and equity related securities of undervalued listed companies which are domiciled or have significant operations in China, India and Indonesia markets which offer attractive valuations and medium-term to long-term growth potential. The target companies are companies which are traded at attractive valuations and have the potential to ride on the future recovery and growth of China, India and Indonesia.

The ‘significant operations’ means the major business of the company. The Fund can invest in companies not only listed in China, India and Indonesia, but also those that have major businesses in China, India and Indonesia markets. For example, the Fund can invest in a company with business/operations in China but listed on Hong Kong Stock Exchange. The threshold for ‘significant operations’ would be if more than 30% of total group revenue derive from China, India or Indonesia. Whereas, the ‘attractive valuations’ means stocks or companies that have valuations based on price/earnings or price-to-book ratios that are lower than the respective sector or country valuations at that time. With effect from 16 August 2021, the Fund may also invest up to 20% of its NAV in companies that are listed globally with some operations or businesses within the China, India and Indonesia to capture growth opportunities. Where necessary, we will obtain the licenses/permits for investments in countries that require licenses/permits. If we are unable to obtain the necessary licenses/permits, or the licenses/permits are revoked or not renewed (as the case may be), we will seek to invest in other accessible markets.

The Fund will generally invest between 70% to 98% (both inclusive) of its NAV in equities and equity related securities with at least 2% of the Fund’s NAV invested in liquid assets for liquidity purposes. The Fund may also invest up to 28% of its NAV in other permissible investments. The Fund’s allocation to each of the aforesaid countries will vary depending on the Manager and its delegate’s outlook for each country. The Fund may also opt to seek investment exposure via CIS that is in line with the Fund’s objective, subject to the requirement of the GUTF. The asset allocation strategy for this Fund is as follows:
  • between 70% to 98% (both inclusive) of the Fund’s NAV will be invested in equities and other equity related securities;
  • up to 28% of the Fund’s NAV in permissible investments; and
  • at least 2% of the Fund’s NAV in liquid assets.
     
Manager Principal Asset Management Berhad.
 
Launch Date 21 January 2010.
 

Fund Partner

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

Fund Fees

Application Fees* Principal Distributors : Up to 6.50% of the NAV per unit.
IUTAs : Up to 5.50% of the NAV per unit.

*If the Fund is an EPF-MIS approved fund and you have invested via EPF-MIS, you may be charged an Application Fee of up to 3.00% of the NAV per unit, or such other rate as the EPF may determine.
 
Management Fees Up to 1.80% per annum of the NAV of the Class.
 
Trustee Fees

Before 28 November 2023, up to 0.08% per annum of the NAV of the Fund

After 28 November 2023, up to 0.045% per annum (includes local custodian fee but excludes foreign sub-custodian fees and charges (if any)) of the NAV of the Fund.
 
Switching Fees Switching is treated as a withdrawal from a Class and an investment into another Class or Principal Malaysia’s fund (or its classes). You may be charged a Switching Fee equal to the difference (if any) between the Application Fees of the Class and the Application Fee of the other Class or Principal Malaysia’s fund (or its classes). You will not be charged a Switching Fee, if the Class or Principal Malaysia’s fund (or its classes) to be switched into has a lower Application Fee than the Application Fee of the Class. In addition to the Switching Fee, you may be charged MYR100 as the administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fee. 
 
Transfer Fees A maximum of MYR 50 may be charged for each transfer.