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Each of the funds referred to in the Principal Asset Management Berhad (‘Principal’) website is intended only to be made available in Malaysia and offered only to persons in Malaysia. The data presented is for information purposes only and is not a recommendation to buy or sell any securities or adopt any investment strategy. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general, nor is it intended to predict or depict performance of any investment. The information it contains does not take account of any investor's investment objectives, particular needs or financial situation. You should consider whether an investment fits your investment objectives, particular needs and financial situation before making any investment decision.

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  1. have read, understood and agree to the above;
  2. are a Malaysian resident and you are accessing the information from within Malaysia; and
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Principal Islamic Money Market Fund (Class D)

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 Money Market Fund (Class D) 0.33% 3.87% 0.00% 0.00% 5.97% 1.0277 146.93
Benchmark 0.22% 2.59% 0.00% 0.00% 4.01%
Benchmark : CIMB Islamic 1 M Fixed Return Income Account-I

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0259
0.0003
0.03 %
1.0256
0.0001
0.01 %
1.0255
0.0001
0.01 %
1.0254
0.0001
0.01 %
1.0253
0.0001
0.01 %
1.0252
0.0003
0.03 %
1.0249
0.0001
0.01 %
1.0248
0.0001
0.01 %
1.0247
0.0000
0.00 %
1.0247
0.0002
0.02 %
1.0245
0.0003
0.03 %
1.0242
0.0002
0.02 %
1.0240
-0.0014
-0.14 %
1.0254
0.0001
0.01 %
1.0253
0.0003
0.03 %
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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

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.

This PHS only consists of information on Class D of the Fund. Please note that Class D can only be transacted through e-Wallet App.

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

You are eligible to invest in the Fund if you are:

  • an individual who is at least eighteen (18) years of age; and
  • have an account in the e-Wallet App and fulfil the requirements therein.

We reserve the right to accept or reject any application in whole or in part thereof without assigning any reason in respect thereof.

Product Suitability

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.
Download Documents

Distribution Policy

Distribution PolicyMonthly, depending on the level of income (if any) the Fund generates.
 
Initial InvestmentMinimum MYR 10 or such other amount as the Manager may decide from time to time.
 
Additional InvestmentMYR 10 or such other amount as the Manager may decide from time to time.
 
Cooling off period

Six (6) Business Days from the date the complete application is received and accepted by us from the first-time investor. However, cooling-off right is not applicable if:

  1. you have withdrawn all or parts of your investment from the Fund either for your usage/consumption in the e-Wallet App or to your bank account; or
  2. you are Principal Malaysia’s staff and person(s) registered to deal in unit trust of Principal Malaysia.

Request for cooling-off must be made directly through Principal Malaysia or e-Wallet App (where available). We will refund the investment amount including Application Fee (if any) to you in MYR within ten (10) calendar days from the date we receive the complete application.

Note: Please consult your professional advisers before investing. You may also contact our Customer Care Centre at (603) 7723 7262 for further information.
 

Minimum WithdrawalMYR 10 or such other amount as we may decide from time to time.
 
Launch Date7 June 2022
 

Fund Partner

  • TNG Digital Sdn Bhd

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

Fund Fees

Application FeesNil
 
Management FeesUp to 0.40% per annum of the NAV of the class.
 
Trustee FeesUp to 0.02% per annum of the NAV of the Fund
 
Switching FeesWhen available, 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, we may impose a MYR 100 administrative fee for each switch. We also have the discretion to waive the Switching Fee and/or administrative fees
 
Transfer FeesWhen available, a maximum of MYR 50 may be charged for each transfer.