CIMB-Principal Australian Equity Fund

Fund Performance

As at date :
As at date :
Fund Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (MYR million)
CIMB-Principal Australian Equity Fund 15.89 % 2.80 % 19.49 % 32.71 % 64.96 % 0.4114 12.04
Benchmark 18.96 % 6.06 % 24.95 % 54.83 % 93.48 %
Benchmark : S&P/ASX 200 Accumulation Index
Note: Investors to note that the risk profile of the Fund is different from the risk profile of the benchmark.

General Information

The Fund aims to achieve medium to long-term capital appreciation predominantly through investment in a portfolio of Australian securities.

Fund is suitable for investors who:
  • are looking to participate in the upside potential of the Australian market; and
  • want medium to long-term capital appreciation.

Fund Details

Distribution Policy The Manager has the discretion to distribute part or all of the Fund's distributable income. The distribution (if any) may vary from period to period depending on the performance of the fund.
Initial Investment RM500 or such other amount as the Manager may from time to time decide. 
Additional Investment RM200 or such other amount as the Manager may from time to time decide. 
Cooling off period You have six (6) Business Days after your initial investment (i.e. the date the application is received by Principal Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with Principal Asset Management or any Approved Distributor for the first time. However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or any Approved Distributor are not entitled to the cooling-off right.
Redemption/Withdrawal 2,000 units or RM500 or such other amount as the Manager may from time to time decide. You need to keep a minimum balance of 2,000 units or such other amount as the Manager may from time to time decide. There is no restriction on the frequency of withdrawals.
Launch Date 20 March 2010

Fund Partner

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

Fund Fees

Application Fees Up to 6.5% of the NAV per unit.
Annual Fees Management Fee: Up to 1.80% per annum of the NAV of the Fund
Trustee Fee: 0.08%* per annum of the NAV
* Subject to a minimum fee of RM18,000 per annum.
Switching Fees Since switching is treated as a withdrawal from one (1) fund and an investment into another fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. Switching Fee will not be charged if the fund to be switched into has lower Application Fee.

In addition, the Manager imposes a RM100 administrative fee for every switch made out of Principal Fund. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.