Principal Islamic Lifetime Sukuk Fund (formerly known as CIMB Islamic Sukuk Fund) EPF MIS

Fund Performance

As at date : 31-03-2021
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (MYR million)
Principal Islamic Lifetime Sukuk Fund (formerly known as CIMB Islamic Sukuk Fund) -1.92% 3.03% 15.74% 25.87% 92.24% 1.3352 709.93
Benchmark -1.16% 4.54% 16.75% 25.58% 107.61%
Benchmark : Quantshop GII Medium Index

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Apr-2021 4.70 3.50
Apr-2020 3.42 2.56
Apr-2019 7.00 5.48
Apr-2018 6.80 5.28
Apr-2017 6.50 4.96
Apr-2016 6.50 5.03
Apr-2015 6.50 4.94
Mar-2014 6.00 4.51

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

To gain higher than average income over the medium to long-term by investing in a diversified portfolio consisting principally of Sukuk, certificates of deposit, short-term money market instruments and other permissible investments under the Shariah principles.

Fund is suitable for investors who:

  • have a medium to long-term investment horizon;
  • want a portfolio of investments that adhere to the Shariah principles;
  • want a diversified portfolio of Shariah-compliant fixed interest securities;
  • want to receive a tax-effective income stream and maintain the value of their investment over medium to long-term; and/or
  • are looking for a less volatile investment but can accept that returns may fluctuate over the short term.

*The regular income will be distributed in the form of cash or reinvested into additional units in the Fund at the NAV per unit on the distribution date.

Fund Details

Distribution Policy Distribution (if any) is expected to be distributed annually, depending on the performance of the Fund and at the Manager’s discretion.
Investment Time Horizon Recommended 3 years or more.
Initial Investment Minimum RM2,000.
Additional Investment RM500 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 RM500 or 500 units.
Launch Date 8 October 2004

Fund Partner

  • AmInvestment Bank Berhad
  • CIMB Bank Berhad
  • CIMB Private Banking
  • Principal Distributors
  • HSBC Amanah
  • HSBC Bank (Malaysia) Berhad
  • Kenanga Investment Bank Berhad

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

Fund Fees

Application Fees Up to 2.0% of the NAV per unit
Annual Fees Management Fee: Up to 0.95% per annum of the NAV of the Fund
Trustee Fee: Up to 0.06% 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 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.