Principal Islamic Money Market Fund (formerly known as CIMB Islamic Money Market Fund) EPF MIS

Fund Performance

As at date : 31-05-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Islamic Money Market Fund (formerly known as CIMB Islamic Money Market Fund) 0.78% 2.00% 9.34% 17.25% 48.55% 1.0704 1,425.34
Benchmark 0.63% 1.68% 7.97% 14.61% 42.21%
Benchmark : CIMB Islamic 1-Month Fixed Return Income Account-i (FRIA-i)

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jun-2021 0.27 3.00
May-2021 0.28 3.12
Apr-2021 0.26 2.88
Mar-2021 0.24 2.64
Feb-2021 0.27 3.00
Jan-2021 0.26 2.88
Dec-2020 0.38 4.32
Nov-2020 0.36 3.96
Oct-2020 0.32 3.60
Sep-2020 0.15 1.68
Aug-2020 0.20 2.16
Jul-2020 0.21 2.28
Jun-2020 0.42 4.68
May-2020 0.22 2.52
Apr-2020 0.29 3.24

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 is an Islamic money market fund issued by Principal Malaysia. The Fund aims to provide investors with liquidity and regular income, whilst maintaining capital stability by investing primarily in money market instruments that conform with Shariah principles. The Fund is established with a multi-class structure and is allowed to establish new class(es) from time to time.

The Fund is neither a capital guaranteed fund nor a capital protected fund.

The Fund is suitable for investors who:
  • have either a short or medium-term investment horizon;
  • want a portfolio of investments that adhere to Shariah principles;
  • want a portfolio that invest in money market instruments;
  • desire a stream of income; and/or
  • seek security and flexibility in investment.

 

Fund Details

Distribution Policy Monthly, depending on the level of income (if any) the Fund generates.
 
Initial Investment Minimum RM10,000.
 
Additional Investment RM1,000 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. However, investors who invest via the EPF Members Investment Scheme (where available) are subject to EPF’s terms and conditions.
 
Minimum Withdrawal 1,000 units.
 
Launch Date 17 March 2008

Fund Partner

  • Bank Kerjasama Rakyat Malaysia Berhad
  • CIMB Bank Berhad
  • CIMB Investment Bank Berhad - Retail Equities
  • CIMB Private Banking
  • Kenanga Investment Bank Berhad
  • Kuwait Finance House
  • Phillip Mutual Berhad
  • Principal Distributors
  • Standard Chartered Bank Malaysia Berhad
  • UOB Kay Hian Securities (M) Sdn Bhd

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

Fund Fees

Application Fees Nil
 
Annual Fees Management Fee: Up to 0.40% per annum of the NAV of the class.
Trustee Fee: Up to 0.02% per annum includes local custodian fee but excludes foreign sub-custodian fees and charges (if any) of the NAV of the Fund.
 
Switching Fees Switching is treated as a withdrawal from this Class and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you may be charged a Switching Fee equal to the difference (if any) between the Application Fee of this Class and the Application Fee of the other Class or Principal Malaysia’s fund (or its class). Switching Fee will not be charged if the Class or Principal Malaysia’s fund (or its class) to be switched into has a lower Application Fee. In addition, the Manager may impose a MYR100 administrative fee for each switch. You may negotiate to lower the Switching Fee and/or administrative fees with the Manager or our Distributors. The Manager also have the discretion to waive the Switching Fee and/or administrative fees.