Principal Greater China Equity Fund (Class AUD-Hedged)

Fund Performance

As at date : 31-07-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (AUD) Fund Size (million)
Principal Greater China Equity Fund (Class AUD-Hedged) 0.27% 19.49% 0.00% 0.00% 48.87% 1.4309 16.16
Benchmark -5.09% 10.17% 0.00% 0.00% 29.02%
Benchmark : The Fund adheres to the benchmark of the Target Fund. The benchmark of the Target Fund is the MSCI Golden Dragon Index

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Mar-2021 6.32 3.88

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 Greater China Equity Fund is a feeder fund issued by Principal Malaysia. The Fund aims to achieve medium to long-term capital growth primarily through investment in a portfolio of equity securities with exposure to the Greater China region consisting of the People’s Republic of China, Hong Kong SAR and Taiwan. This is neither a capital protected nor capital guaranteed fund.

Fund is suitable for investors who:

  • have a medium-term to long-term investment horizon;
  • wish to participate in the growth potential of the Greater China markets;
  • seek capital appreciation over medium-term to long-term; and
  • can accept that investment returns may fluctuate significantly over the investment period.

Fund Details

Distribution Policy Given its investment objective, the Fund is not expected to pay any distribution.
 
Investment Time Horizon Recommended 3 years or more.
 
Initial Investment Minimum AUD 500 or such other amount as the Manager may decide from time to time.
 
Additional Investment AUD 200 or or such other amount as the Manager may decide from time to time.
 
Cooling off period You have six (6) Business Days after your initial investment (i.e. the date the complete application is received by Principal Asset Management) to reconsider its appropriateness and suitability for your investment needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased. We will refund the investment amount including Application Fee (if any) to you in the currency of the respective Class within ten (10) calendar 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 Principal Asset Management or any of our Distributor. However, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trusts are not entitled to the cooling-off right.
 
Minimum Withdrawal 400 units or such other amount as we may decide from time to time.
 
Launch Date 20 April 2020.

Fund Partner

  • CIMB Bank Berhad
  • CIMB Investment Bank - Retail Equities
  • CIMB Private Banking
  • Citibank Berhad
  • Principal Distributors
  • Hong Leong Bank Berhad
  • HSBC Bank (Malaysia) Berhad
  • iFast Capital Sdn Bhd
  • Kenanga Investment Bank Berhad
  • OCBC Bank (Malaysia) Berhad
  • Phillip Mutual Berhad
  • Standard Chartered Bank (Malaysia) Berhad

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

Fund Fees

Application Fees Up to 5.50% of the NAV per unit.
 
Management Fee Up to 1.80% per annum of the NAV of the Class.
 
Trustee Fee Up to 0.08% per annum (including local custodian fee but excluding foreign sub-custodian fees and charges) on the NAV of the Fund. The foreign sub-custodian fee is dependent on the country invested and is charged monthly in arrears.
 
Switching Fees Switching is treated as a withdrawal from this class and an investment into another class or Principal Malaysia’s fund (or its class). You may be charged a Switching Fee equal to the difference (if any) between the Application Fees of this class and Application Fees of the other class or Principal Malaysia’s fund (or its class). Switching Fee will not be charged if the class or Principal Malaysia’s fund (or its class) to be switched into has a lower Application Fee. In addition, the Manager may impose AUD 35 administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fee with the Manage or our Distributors. made out of a Fund. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.