Principal Islamic Balanced Wholesale Fund-of-Funds (Class MYR)

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0731
0.0004
0.04 %
1.0727
-0.0027
-0.25 %
1.0754
0.0000
0.00 %
1.0754
0.0046
0.43 %
1.0708
-0.0018
-0.17 %
1.0726
0.0051
0.48 %
1.0675
0.0016
0.15 %
1.0659
0.0016
0.15 %
1.0643
0.0027
0.25 %
1.0616
-0.0018
-0.17 %
1.0634
0.0060
0.57 %
1.0574
0.0003
0.03 %
1.0571
0.0031
0.29 %
1.0540
-0.0010
-0.09 %
1.0550
0.0031
0.29 %
* this indicates mid-day price
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General Information

Principal Islamic Balanced Wholesale Fund-of-Funds is a Wholesale Fund issued by Principal Malaysia. The Fund aims to achieve moderate capital growth by investing in a portfolio of Islamic CIS that invest in Shariah-compliant equities and/or Sukuk.

This is neither a capital protected fund nor a capital guaranteed fund

To achieve moderate capital growth by investing in a portfolio of Shariah-compliant collective schemes that invest in Shariah-compliant equities and/or Sukuk. 

  • Fund is suitable for investors who:
  • Seek for a potentially moderate volatile investment return;
  • Have a medium term to long term investment horizon;
  • Want a balanced portfolio that includes Shariah-compliant CIS investing predominantly in Shariah-compliance equities and/or Sukuk; and
  • Want a portfolio of investments that adhere to Shariah principles. 
     
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Fund Details

Distribution PolicyThe Fund is not expected to pay any distribution. However, we have the discretion to make income distribution on an ad-hoc basis, depending on the availability of realised income and/or realised gains, as well as the performance of the Fund.
 
Investment Time HorizonRecommended 3 years or more.
 
Initial InvestmentMYR5,000 or such other amount as we may decide from time to time.
 
Additional InvestmentMYR2,000 or such other amount as we may decide from time to time.
 
Cooling off periodYou have six (6) Business Days after your initial investment (i.e. from the date the complete application is received and accepted by us) to reconsider its appropriateness and suitability for your investment needs. Within this period, you may withdraw your investment at the same NAV per Unit when the units were purchased or prevailing NAV per Unit at the point of cooling-off (whichever is lower) (“Refund Amount”). We will pay the Refund Amount including the Application Fee (if any) to you within seven (7) Business Days from the date we receive the complete documentations. Please note that the cooling-off right is only given to first time investor investing with us. However, corporations or institutions, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trust funds are not entitled to the cooling-off right.
 
Minimum WithdrawalMYR2,000 or such other amount as we may decide from time to time. 
 
Launch Date24 November 2017
 

Fund Partner

Offered directly by Principal Asset Management Berhad

Fund Fees

Application FeesNIL
Annual FeesManagement Fee: Up to 1.50% per annum of the NAV of the Fund. 

Trustee Fee:
Before 11 October 2023,
Up to 0.035% per annum of the NAV of the Fund.

After 11 October 2023,
Up to 0.03% per annum of the NAV of the Fund.

 
Switching FeesNIL