Principal Global Titans Fund - Class USD

Fund Performance

As at date : 31-07-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Global Titans Fund - Class USD 11.48% 27.89% 34.39% 0.00% 49.29% 1.4050 1.42
Benchmark 11.78% 29.53% 36.63% 0.00% 51.44%
Benchmark : 42% S&P500 + 36% MSCI Europe + 12% MSCI Japan + 10% CIMB Bank 1-Month Fixed Deposit Rate

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2020 3.57 3.06
Oct-2019 3.25 2.91

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

To grow the value of Unit holders’ investments over the medium to long-term by investing in the global titans market of the US, Europe and Japan with an exposure to the Malaysian equities market to balance any short term volatilities.

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;
  • want a diversified portfolio that includes exposure to foreign equities;
  • seek capital appreciation over the medium to long-term; and/or
  • can accept that investment returns may fluctuate significantly over the short term and may even be negative.

Fund Details

Distribution Policy Given its investment objective, the Fund is not expected to pay any distribution. However, the Manager has the discretion to make income distribution on an ad-hoc basis, taking into consideration the level of its realized income and/or realized gains, as well as the performance of the Fund. The Manager also have the right to make provisions for reserves in respect of distribution of the Class.
 
Initial Investment Minimum USD500 or such other amount as we may decide from time to time.
 
Additional Investment USD200 or or such other amount as we may decide from time to time.
 
Cooling off period You have Six (6) Business Days from the date the application form is received and accepted by us or our 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 400 units or such other number of units as we may decide from time to time.
 
Launch Date 25 January 2017

Fund Partner

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

Fund Fees

Application Fees Up to 5.5% of the NAV per unit. 
 
Annual Fees Management Fee: Up to 1.80% per annum of the NAV of the Class.
Trustee Fee: Up to 0.07% per annum (including local sub-custodian fees but excluding foreign sub-custodian fee) on the NAV of the Fund.
 
Switching Fees Switching is treated as a withdrawal from Class USD and an investment into another class or Principal Malaysia’s funds (or its classes). You will be charged a Switching Fee equal to the difference (if any) between the Application Fee of Class USD and Application Fee of other class or Principal Malaysia’s funds (or its classes). Switching Fee will not be charged if the class or Principal Malaysia’s funds (or its classes) to be switched into has a lower Application Fee. In addition, you may be charged USD35 administrative fee for each switch. However, the Manager has the discretion to waive the Switching Fee and/or administrative fees.