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

Fund Performance

As at date : 30-11-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Global Multi Asset Income Fund (formerly known as CIMB-Principal Global Multi Asset Income Fund) - Class USD 5.98% 7.66% 0.00% 0.00% 9.82% 1.0487 0.25
Benchmark 6.98% 9.81% 0.00% 0.00% 21.58%
Benchmark : The Fund adheres to the benchmark of the Target Fund for performance comparison purpose.

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Sep-2021 0.75 2.80
Jun-2021 0.79 2.96
Mar-2021 0.77 3.00
Dec-2020 0.79 3.12

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 potential capital growth to investors through investments in one collective investment scheme, which invests in a diversified portfolio of global assets.
 

Fund is suitable for investors who:

  • are Sophisticated Investors;
  • have a medium term to long term investment horizon; and/or
  • seek exposure in global mixed assets which is structured via a feeder fund.

Fund Details

Distribution Policy Depending on the level of income (if any) the Class generates, the Class will distribute on a quarterly basis. If the distribution available is too small or insignificant, any distribution may not be of benefit to the Unit holders 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 the Unit holders.
Investment Time Horizon Recommended medium term to long term.
Initial Investment Minimum USD 2,000
Additional Investment USD 1,000 or such other amount as the Manager may decide from time to time.
Cooling off period Six (6) Business Days from the date the application form is received and accepted by the Manager or Approved Distributor for the first time. However,corporations/institutions investing in the Fund are not entitled to the cooling off rights.
Minimum Withdrawal 1,000 units or such other amount as the Manager may from time to time decide.
Launch Date 4 December 2019

Fund Partner

  • CIMB Bank Berhad
  • Citibank Berhad
  • Principal Unit Trust Scheme Consultant
  • Hong Leong Bank Berhad
  • HSBC Bank (Malaysia) Berhad
  • iFast Capital Sdn Bhd
  • OCBC Bank (Malaysia) Berhad
  • Phillip Mutual Berhad
  • Standard Chartered Bank (Malaysia) Berhad
  • United Overseas Bank (Malaysia) Berhad
  • Kenanga Investment Bank Berhad

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

Fund Fees

Application Fees

Principal Distributors : Up to 6.50% on the NAV per unit.

IUTAs : Up to 5.50% of the NAV per unit

Annual Fees Management Fee: 1.80% per annum of the NAV of the Class
Trustee Fee: 0.04% per annum on the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges)
 
Switching Fees Switching is treated as a withdrawal from one class or fund and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you may be charged a Switching Fee equal to the difference (if any) between the Application Fee of the Class and the Application Fee 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. The Manager may impose USD 35 (or equivalent) administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees. The Manager also have the discretion to waive the Switching Fee and/or administrative fees.