Disclaimer

Not an Offer to Sell or a Solicitation to Buy

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.

Acknowledgement

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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
  3. agree to the exclusion by Principal of any liability for any loss (direct or otherwise) arising from the use of any part of the information contained in this website, and the exclusion of any liability in respect of any error or omission by Principal and any relevant third party.
     

Principal US High Conviction Equity Fund (Class SGD)

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 US High Conviction Equity Fund is an equity fund issued by Principal Malaysia. The Fund aims to achieve capital appreciation over the medium to long term through investments in United States of America equities. 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.

This Fund is best suits you if you:

  • have a medium to long term investment horizon;
  • want to diversify your overall investment portfolio by including shares as an asset class, in particular, shares of US equity;
  • seek for capital appreciation over the long-term; and
  • can accept that investment returns may fluctuate significantly over the investment period.

Click here to learn more about Principal US High Conviction Equity Fund.

Fund Details

Distribution Policy Given the Fund's objective, the class of the Fund is not expected to pay any distribution. Distributions, if any, are at our discretion and will vary from period to period depending on the performance of the Fund.
 
Initial Investment SGD 100 or such other amount as the Manager may decide from time to time.
(Currently, Regular Savings Plan ("RSP") is not available.)
 
Additional Investment SGD 100 or such other amount as the Manager may decide from time to time.
(Currently, Regular Savings Plan ("RSP") is not available.)
 
Cooling off period For first time individual investor investing with us or any of our Distributors, you have six (6) Business Days from the date the complete application is received and accepted by us or Distributors. However, Principal Malaysia's staff and person(s) registered with a body approved by the SC to deal in unit trust of Principal Malaysia or any of our Distributors are not entitled to the cooling-off right.
 
Minimum Withdrawal 100 units or such other number of units as the Manager may decide from time to time.
 
Launch Date 12 January 2022.

Fund Partner

  • Principal Unit Trust Scheme Consultants

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

Fund Fees

Application Fees Up to 5.00% of the NAV per unit.
 
Management Fees Up to 1.80% per annum of the NAV of the Class.
 
Trustee Fees Up to 0.06% per annum of the NAV of the Fund (including local custodian fees but excluding foreign sub-custodian fees and charges).
 

Switching Fee

 

Switching is treated as a withdrawal from one class or fund 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 Fees of the Class and Application Fees of the other class or Principal Malaysia's fund. Switching fee will not be charged if the class or Principal Malaysia's fund to be switched into has a lower Application Fee. We may impose SGD 35 (or equivalent) 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. We also have the discretion to waive the switching fee and/or administrative fees.
 
Transfer Fee A maximum of SGD 15 may be charged for each transfer.