Principal Global Income Fund (formerly known as CIMB-Principal Global Income Fund) Class EUR-Hedged

Fund Performance

As at date : 31-07-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (EUR) Fund Size (million)
Principal Global Income Fund (formerly known as CIMB-Principal Global Income Fund) Class EUR-Hedged 2.32% 10.17% 5.11% 0.00% 4.21% 0.9290 0.03

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jun-2021 1.24 5.24
Mar-2021 1.56 6.72
Dec-2020 1.19 5.04
Sep-2020 1.16 5.12
Jun-2020 1.10 4.92
Mar-2020 1.22 6.40
Dec-2019 1.23 4.92
Sep-2019 1.81 7.24

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 high yielding debt securities. 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.

The recommended investment timeframe for this Fund is three (3) years or more.

The Fund best suits you if you:

  • are a Sophisticated Investor;
  • have a medium to long term investment horizon;
  • want exposure to broad universe of higher-yielding securities around the world;
  • are prepared to accept, in normal conditions, a medium degree of volatility of NAV per annum; and
  • seek regular income and moderate capital appreciation.

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 3 years or more
Initial Investment Minimum EUR 2,000
Additional Investment EUR 1,000 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 24 May 2018
 

Fund Partner

  • CIMB Private Banking
  • Standard Chartered Bank (Malaysia) Berhad
  • Citibank Berhad

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

Fund Fees

Application Fees Up to 3.50% of the NAV per unit.
Annual Fees Management Fee: Up to 1.65% per annum of the NAV of the Class.
Trustee Fee: 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. The Fund Manager may impose EUR15 (or equivalent) administrative fee for every switch made out of any of the CIMB-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.