Principal Money Market Income Fund (Class AI)

Fund Performance

As at date : 31-07-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Money Market Income Fund (Class AI) 1.19% 2.00% 8.90% 16.69% 67.41% 0.9748 238.34
Benchmark 0.29% 0.50% 3.42% 6.76% 32.80%
Benchmark : CIMB Bank Overnight Rate

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jun-2021 0.84 3.44
Mar-2021 0.46 1.88
Dec-2020 0.61 2.48
Sep-2020 0.79 3.20
Jun-2020 0.69 2.76
Mar-2020 0.58 2.36
Dec-2019 1.20 4.84
Sep-2019 0.20 0.84
Jun-2019 0.68 2.76
Mar-2019 1.02 4.20
Dec-2018 1.01 4.12
Sep-2018 0.98 3.96
Jun-2018 1.23 5.00
Mar-2018 1.06 4.28
Dec-2017 1.12 4.48

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 Money Market Income Fund is a money market fund issued by Principal Malaysia. The Fund aims to provide a low risk investment option that normally earns higher interest than traditional bank accounts. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time.

The Fund is suitable for investors who:

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

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

Fund Details

Distribution Policy

Quarterly, if any, within 14 days after the last day of each quarter.
 

Initial Investment

Minimum RM10,000 or such other amount as the Manager may decide from time to time.
 

Additional Investment

RM1,000 or such other amount as the Manager may decide from time to time.
 

Cooling off period

Not applicable for this class.
 

Minimum Withdrawal

1,000 units or such other unit as the Manager may decide from time to time.
 

Launch Date

18 February 2004.

Fund Partner

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

Fund Fees

Application Fees
 
Nil
 
Annual Fees Management Fee: 0.40% 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 (1) 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 a lower Application Fee. In addition, the Manager imposes a RM100 administrative fee for every switch made out of a Fund. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.