CIMB-Principal Global Dividend Maximiser Fund (Class AUD)

Fund Performance

As at date :
Fund Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (MYR million)
CIMB-Principal Global Dividend Maximiser Fund (Class AUD) 9.23 % -0.38 % 28.00 % 0.00 % 25.26 % 1.2210 0.42

General Information

Aims to provide income and potential capital growth to investors through investments in one collective investment scheme, which invests in equities or equity related securities worldwide. 

Fund is suitable for investors who:

  • are Qualified Investors; 
  • have a medium term to long term investment horizon; and/or
  • seek exposure in global equities which is structured via a target fund.

Fund Details

Distribution Policy Any distribution payments for Class AUD will be made in AUD to the Unit holder’s AUD currency bank account in Principal Asset Management’s records (at the cost and expense of the Unit holders). All distributions (if any) will be automatically reinvested into additional units in the Class at the NAV per unit of the Class on the distribution date (the number of units is rounded using the normal rounding policy to two decimal places), unless written instructions to the contrary are communicated by you to the Manager. 
Investment Time Horizon Recommended medium term to long term.
Initial Investment Minimum AUD 10,000
Additional Investment Minimum AUD 5,000
Cooling off period Six (6) Business Days from the date the application form is received and accepted by the Manager or Distributor from the first time investor investing with Principal Asset Management or any Distributors. However, corporations or institutions investing in the Fund are not entitled to the cooling-off rights.
Launch Date 30 November 2015

Fund Partner

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

Fund Fees

Application Fees

Up to 6.5% of the NAV per unit

Annual Fees

Management Fee: Up to 1.80% per annum of the NAV. 
Trustee Fee: 0.04% per annum of the NAV.

Switching Fees

Currently. switching is available between the Class and other CIMB-Principal Funds (or its classes) which must be denominated in the same currency.

Since switching is treated as a withdrawal from one class or fund and an investment into another class or fund (or its classes) by a Unit holder (Qualified Investor), a Switching Fee equal to the difference (if any) between the Application Fees of these two classes or funds will be charged accordingly. 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 (or equivalent) administrative fee for every switch made out of any of the CIMB-Principal Funds. However, this RM100 (or equivalent) administrative fee is waived for the first four (4) switches out of any of the CIMB-Principal Funds in each calendar year. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.