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

Fund Performance

As at date : 31-07-2021
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Global Income Fund (formerly known as CIMB-Principal Global Income Fund) Class USD 3.05% 11.69% 12.37% 0.00% 11.85% 0.9679 3.00

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jun-2021 1.30 5.32
Mar-2021 1.45 6.04
Dec-2020 1.23 5.08
Sep-2020 1.19 5.08
Jun-2020 1.29 5.64
Mar-2020 1.01 5.20
Dec-2019 1.35 5.32
Sep-2019 1.80 7.12
May-2019 1.07 4.32
Nov-2018 2.00 8.08

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 investment objective is 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.

Fund is suitable for investors who: 

  • 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 the Fund Manager discretion. The Fund Manager 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. The Fund Manager have the discretion to decide on the amount to be distributed to you. The Fund Manager 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 USD 2,000
Additional Investment USD1,000 or more at any time
Cooling off period You have 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 11 October 2017

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 3.5% on each investment.
Annual Fees Management Fee: 1.65% per annum of the net asset value of the Class. 
Trustee Fee: 0.04%* per annum of the net asset value 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 USD35 (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.