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

Fund Performance

As at date : 31-01-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Islamic Conservative Wholesale Fund-of-Funds (Class MYR) 0.83% 5.53% 2.28% 13.07% 13.54% 1.1354 1.04
Benchmark 0.83% 3.39% 1.98% 13.69% 14.76%
Benchmark : 50% Quantshop GII Medium Index + 25% CIMB Islamic 1-month Fixed Return Income Account-I (FRIA-i) + 25% FTSE Bursa Malaysia EMAS Shariah Index.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.1475
0.0003
0.03 %
1.1472
-0.0012
-0.10 %
1.1484
-0.0004
-0.03 %
1.1488
0.0024
0.21 %
1.1464
-0.0008
-0.07 %
1.1472
0.0030
0.26 %
1.1442
0.0008
0.07 %
1.1434
0.0008
0.07 %
1.1426
0.0016
0.14 %
1.1410
-0.0008
-0.07 %
1.1418
0.0032
0.28 %
1.1386
0.0001
0.01 %
1.1385
0.0018
0.16 %
1.1367
-0.0004
-0.04 %
1.1371
0.0019
0.17 %
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Income Distribution History

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

Principal Islamic Conservative Wholesale Fund-of-Funds is a Wholesale Fund issued by Principal Malaysia. The Fund aims to achieve capital stability 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. 

Fund is suitable for investors who:

  • Seek for a potentially less volatile investment return ;
  • Have a medium term to long term investment horizon ;
  • Want a portfolio of Shariah-compliant CIS that have exposure to Sukuk and Shariah-compliant equities; and
  • Want a portfolio of investments that adhere to Shariah principles.
Download Documents

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 the 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.
 
WithdrawalNIL
 
Launch Date24 November 2017
 

Fund Partner

Offered directly by Principal Asset Management Berhad

Fund Fees

Application FeesNIL
 
Annual FeesManagement Fee: Up to 1.20% per annum of the NAV of the Fund. 

Trustee Fee:
Up to 0.03% per annum of the NAV of the Fund.
 
Switching FeesNIL