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Principal Malaysia Government Bond Fund (Class C)

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0478
-0.0001
-0.01 %
1.0479
0.0000
0.00 %
1.0479
-0.0001
-0.01 %
1.0480
0.0002
0.02 %
1.0478
0.0002
0.02 %
1.0476
0.0003
0.03 %
1.0473
0.0002
0.02 %
1.0471
0.0003
0.03 %
1.0468
0.0002
0.02 %
1.0466
0.0001
0.01 %
1.0465
0.0002
0.02 %
1.0463
-0.0006
-0.06 %
1.0469
0.0000
0.00 %
1.0469
0.0002
0.02 %
1.0467
0.0002
0.02 %
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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

Principal Malaysia Government Bond Fund is wholesale fund issued by Principal Malaysia. The Fund aims to provide regular income through investments primarily in Malaysian government debt instruments. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time without your prior consent. This is neither a capital protected nor capital guaranteed fund.

The Fund best suits you if you:

  • are a Sophisticated Investor;
  • have a short to medium term investment horizon; and
  • seek exposure in Malaysian government debt instruments.
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Fund Details

Fund Category / TypeWholesale Fund (Bond)/ Income
Base CurrencyMYR
Investment Strategy 

The Fund seeks to achieve its Fund objective by investing up to 98% of its NAV in a portfolio of Malaysian government debt instruments, which includes but not limited to Malaysia Government Securities (“MGS”), Government Investment Issue (“GII”) and Government Guaranteed Issuances (“GG”). At least 2% of its NAV may be invested in money market instruments and/or Deposits for liquidity purposes.

Asset Allocation

  • Up to 98% of its NAV in Malaysian government debt instruments; and
  • At least 2% of its NAV in liquid assets such as money market instruments and/or Deposits.
Distribution PolicyMonthly, depending on the availability of realised income and/or realised gains and at our discretion. We have the right to make provisions for reserves in respect of distribution of the Fund. If the income available is too small or insignificant, any distribution may not be of benefit to you as the total cost to be incurred in any such distribution may be higher than the amount for distribution. We have the discretion to decide on the amount to be distributed to you. We also 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.
Initial InvestmentMinimum RM 150 million or such other amount as the Manager may decide from time to time.
Additional InvestmentRM 10 million or such other amount as the Manager may decide from time to time.
Minimum WithdrawalRM 10 million or such other amount as the Manager may decide from time to time.
Minimum balance10 million units or such other amount as the Manager may decide from time to time.
Launch Date15 April 2020.

Fund Fees

Application FeesNil.
Management FeeUp to 0.10% per annum of the NAV of the Class.
Trustee FeeUp to 0.02% per annum of the NAV of the Fund. 
Switching FeesSince 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 RM 100 administrative fee for every switch made out of any of the Principal Malaysia’s 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.