Principal Islamic Global Sukuk Fund (formerly known as CIMB Islamic Global Sukuk Fund) (Class USD)

Fund Performance

As at date : 31-07-2021
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Islamic Global Sukuk Fund (formerly known as CIMB Islamic Global Sukuk Fund) (Class USD) 0.12% 3.19% 0.00% 0.00% 3.65% 0.2539 0.14
Benchmark -0.86% 0.17% 0.00% 0.00% 7.11%
Benchmark : The Fund adheres to the benchmark of the Target Fund for performance comparison

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
May-2021 0.13 0.51
Sep-2020 0.06 0.24
May-2020 0.31 1.28

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 seeks to maximize total return over the medium to long term through a combination of capital growth and income. It is established with a multi-class structure and is allowed to establish new Class(es) from time to time without your prior consent.


Fund is suitable for investor who:

  • have a medium to long term investment horizon;
  • want a diversified portfolio of Shariah-compliant fixed income securities globally.

Fund Details

Distribution Policy Class USD : The Manager have the discretion to make income distribution on an ad-hoc
basis, taking into consideration the level of its realised income and/or realised 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.
Investment Time Horizon Recommended 5 years or more.
Initial Investment Minimum USD500.
Additional Investment USD100 or more at any time.
Cooling off period You have six (6) Business Days after your initial investment (i.e. the date the application is received by Principal Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with Principal Asset Management or any Approved Distributor for the first time.

However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or any Approved Distributor are not entitled to the cooling-off right.
Minimum Withdrawal 400 units.
Launch Date 15 May 2019

Fund Partner

  • Principal's Distributors
  • AmBank (M) Berhad

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

Fund Fees

Application Fees Up to 2% of the NAV per unit
Annual Fees Management Fee: Up to 1% per annum of the NAV
Trustee Fee: 0.04% per annum of the NAV
Switching Fees

Since switching is treated as a withdrawal from one class or fund and an investment into another class or fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of the Class and Application Fees of the other class or fund. Switching Fee will not be charged if the class or fund to be switched into has a lower Application Fee. The Manager may impose USD35 administrative fee for every switch made out of any of the Principal Funds. You may negotiate to lower the Switching Fee and/or administrative fee. The Manager also have the discretion to waive the Switching Fee and/or administrative fees