Principal Heritage Growth Fund (Class GBP-Hedged)

Fund Performance

As at date : 31-07-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (GBP) Fund Size (million)
Principal Heritage Growth Fund (Class GBP-Hedged) 2.59% 0.00% 0.00% 0.00% 6.10% 1.0482 2.63

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jul-2021 0.13 1.44
Jun-2021 0.13 1.44
May-2021 0.13 1.56
Apr-2021 0.13 1.44
Mar-2021 0.13 1.44
Feb-2021 0.13 1.44
Jan-2021 0.13 1.44

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 Heritage Growth Fund is wholesale feeder fund issued by Principal Malaysia. The Fund aims to provide income and capital growth through investments in one (1) collective investment scheme, which invests in a diversified portfolio of mixed asset. 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.

Fund is suitable for investor who:

  • seek long-term capital appreciation and regular income; and
  • are comfortable with the greater volatility and risks associated with investment in fixed income or debt securities denominated in SGD and Asian currencies (which include non-investment grade securities) and to Asian equities primarily via CIS and other investment funds and emerging markets.

Fund Details

Distribution Policy Monthly, depending on the availability of realised income and/or realised gains and at our discretion.
Initial Investment Minimum GBP 500 or such other amount as we may decide from time to time.
Additional Investment GBP 100 or such other amount as we may decide from time to time.
Cooling-off period

Six (6) Business Days from your initial investment (i.e. from the date the application form is received and accepted by Principal Asset Management or any Approved Distributor) for first-time investor.

However, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trusts are not entitled to the cooling-off right.

Minimum Withdrawal 100 units or such other number of units as we may decide from time to time.
Launch Date 15 October 2020. 

Fund Partner

  • Standard Chartered Bank (Malaysia) Berhad

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

Fund Fees

Application Fees Up to 5.00% of the NAV per unit.
Management Fee Up to 1.40% per annum of the NAV of the Class.
Trustee Fee Up to 0.04% per annum of the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges).
Switching Fees Switching is treated as a withdrawal from a Class and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you will be charged a Switching Fee equal to the difference (if any) between the Application Fee of the 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, the Manager may impose GBP35 administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees with Principal Asset Management or any Approved Distributor. The Manager also have the discretion to waive the Switching Fee and/or administrative fees.