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

By clicking on “I Agree” below, you will acknowledge and agree with Principal that you:

  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 Deposit Fund (Class AI)

Fund Performance

As at date : 31-10-2023
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Deposit Fund (Class AI) 2.99% 3.53% 7.38% 13.80% 67.93% 1.0528 1,412.03
Benchmark 1.26% 1.48% 2.71% 5.38% 34.95%
Benchmark : CIMB Bank Overnight Rate

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2023 0.00 0.00
Sep-2023 0.00 0.00
Aug-2023 0.00 0.00
Jul-2023 0.00 0.00
Jun-2023 0.00 0.00
Sep-2022 0.00 0.00
Dec-2021 0.15 1.80
Nov-2021 0.14 1.68
Oct-2021 0.15 1.80
Sep-2021 0.15 1.80
Aug-2021 0.15 1.80
Jul-2021 0.14 1.68
Jun-2021 0.14 1.68
May-2021 0.13 1.56
Apr-2021 0.14 1.68

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

Principal Deposit Fund is a money market fund issued by Principal Malaysia. The Fund aims to provide a low risk investment option that normally earns higher interest than traditional bank accounts. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time.

It is also suitable for investors who:

  • have either a short or medium-term investment horizon;
  • want a portfolio that invest in Deposits;
  • desire a stream of income; and/or
  • seek preservation of capital* and flexibility in investment.

* The Fund is neither a capital guaranteed fund nor a capital protected fund.

Fund Details

Distribution Policy

Annually, depending on the level of income (if any) the Fund generates.

Initial Investment

Minimum MYR10,000 or such other amount as the Manager may decide from time to time.

Additional Investment

MYR1,000 or such other amount as the Manager may decide from time to time.

Minimum Withdrawal

1,000 units or such other amount as the Manager may decide from time to time.

Launch Date

8 July 2004

Fund Partner

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

Fund Fees

Application Fees

Nil

Annual Fees

Management Fee: Up to 0.30% per annum of the NAV of the Fund.
Trustee Fee: Up to 0.02% per annum of the NAV of the Fund.

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