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

Fund Performance

As at date :
As at date :
Fund Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (MYR million)
Principal Islamic Money Market Fund (formerly known as CIMB Islamic Money Market Fund) 1.29 % 3.21 % 10.98 % 18.89 % 45.64 % 1.0828 992.01
Benchmark 1.09 % 2.85 % 9.41 % 16.17 % 39.87 %
Benchmark : CIMB Islamic 1-Month Fixed Return Income Account-i (FRIA-i)

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
May-2020 0.22 2.52
Apr-2020 0.29 3.24
Feb-2020 0.30 3.24
Jan-2020 0.31 3.36
Dec-2019 0.30 3.24
Nov-2019 0.34 3.72
Oct-2019 0.23 2.52
Sep-2019 0.12 1.32
Aug-2019 0.18 2.04
Jul-2019 0.22 2.52
Jun-2019 0.32 3.48
May-2019 0.31 3.48
Apr-2019 0.27 3.00
Mar-2019 0.39 4.32
Feb-2019 0.35 3.96

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.

General Information

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.

Fund is suitable for investors who:
  • want to invest the cash portion of an investment portfolio; and/ or 
  • want “park” money aside while waiting to make another investment.

It is also suitable for investors who:

  • have either a short or medium-term investment horizon;;
  • want a portfolio of investments that adhere to Shariah principles;
  • desire a stream of income; and/or
  • seek preservation of capital* and flexibility in investment.

Note:
*The Fund is neither a capital guaranteed fund nor a capital protected fund

Fund Details

Distribution Policy Monthly, depending on the level of income (if any) the Fund generates.
Investment Time Horizon Recommended 1 year or more.
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 - Retail Equities
  • CIMB Private Banking
  • Principal Distributors
  • Kenanga Investment Bank Berhad
  • Kuwait Finance House
  • Phillip Mutual Berhad
  • Standard Chartered Bank (Malaysia) Berhad

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

Fund Fees

Application Fees Nil
Annual Fees Management Fee: Up to 0.50% per annum of the NAV of the Fund
Trustee Fee: 0.03% per annum of the NAV of the Fund
Switching Fees

Since switching is treated as a withdrawal from one fund and an investment into another fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. Switching Fee will not be charged if the fund to be switched into has lower Application Fee.

In addition, the Manager imposes a RM100 administrative fee for every switch made out of a Principal fund. However, this RM100 administrative fee is waived for the first four (4) switches out of a fund in each calendar year. The Manager also has the discretion to waive the Switching Fee and/ or administrative fees.