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Principal China Multi Asset Income Fund (formerly known as CIMB-Principal China Multi Asset Income Fund) Class AUD-H

Fund Performance

As at date : 31-03-2023
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (AUD) Fund Size (million)
Principal China Multi Asset Income Fund (formerly known as CIMB-Principal China Multi Asset Income Fund) Class AUD-H -0.50% -17.57% -23.03% 0.00% -22.30% 0.7137 0.63
Benchmark 3.71% -4.67% 2.25% 0.00% -0.46%
Benchmark : The Fund adheres to the benchmark of the Target Fund for performance comparison. The benchmark of the Target Fund is 50% MSCI China Net + 50% Markit iBoxx Asia Local Bond Index China Offshore for comparison purpose.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.6268
0.0001
0.02 %
0.6267
-0.0045
-0.71 %
0.6312
0.0020
0.32 %
0.6292
-0.0102
-1.60 %
0.6394
-0.0064
-0.99 %
0.6458
0.0002
0.03 %
0.6456
-0.0031
-0.48 %
0.6487
-0.0038
-0.58 %
0.6525
-0.0062
-0.94 %
0.6587
-0.0053
-0.80 %
0.6640
0.0079
1.20 %
0.6561
-0.0044
-0.67 %
0.6605
-0.0033
-0.50 %
0.6638
-0.0020
-0.30 %
0.6658
-0.0105
-1.55 %
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1M 3M 6M YTD 1Y 3Y 5Y 10Y SI
From
To

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Mar-2023 0.82 4.58
Dec-2022 0.71 4.00
Sep-2022 1.06 5.72
Jun-2022 1.06 5.00
Mar-2022 0.99 4.24
Dec-2021 1.08 4.12
Sep-2021 0.88 2.96
Jun-2021 0.65 2.00
Mar-2021 0.40 1.24

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

The Fund aims to provide income and moderate capital growth through investments in one collective investment scheme, which invests primarily in a diversified portfolio of securities related to China. The recommended investment time frame for this Fund is five (5) years or more.

The fund is suitable for investors who:

  • are a Sophisticated Investor;
  • have a long-term investment horizon;
  • want exposure to securities related to China and is willing to accept moderate volatility associated with investments in a target fund
  • investing in securities related to China which actively adjusts its investment exposures, 
  • seek regular income.
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Fund Details

Distribution Policy
Quarterly, depending on the availability of realised income and/or realised gains and at our discretion. We have the right to make provisions for reserves in respect of distribution of the Class. If the income available is too small or insignificant, any distribution may not be of benefit to you as the total cost to be incurred in any such distribution may be higher than the amount for distribution. We have the discretion to decide on the amount to be distributed to you. We also have the discretion to make income distribution on an ad-hoc basis, taking into consideration the level of its realised income and/or realised gains, as well as the performance of the Fund.
Investment Time Horizon Recommended 5 years or more
Initial Investment Minimum AUD 5,000
Additional Investment AUD1,000 or more at any time
Cooling off period Six (6) Business Days from the date the application form is received and accepted by us or Distributors from the first time investor. However, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or any Distributors are not entitled to the cooling-off right.
Minimum Withdrawal 1,000 units
Launch Date 2 July 2018

Fund Partner

  • HSBC Bank (Malaysia) Berhad
  • iFast Capital Sdn Bhd

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

Fund Fees

Application Fees Up to 5.50% of the NAV per unit.
Management Fees Up to 1.80% per annum of the NAV of the Class.
Trustee Fees

0.04% per annum of the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges).

Switching Fees

Since switching is treated as a withdrawal from one class or fund and an investment into another class or fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of the Class and Application Fees of the other class or fund. Switching Fee will not be charged if the class or fund to be switched into has a lower Application Fee. We may impose AUD35 (or equivalent) administrative fee for every switch made out of any of the Principal Funds. You may negotiate to lower the Switching Fee and/or administrative fee. We also have the discretion to waive the Switching Fee and/or administrative fees.
Transfer Fee

A maximum of AUD15 may be charged for each transfer.