Principal US Mortgage Fund (formerly known as CIMB-Principal US Mortgage Fund) Class USD

Fund Performance

As at date : 31-05-2021
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal US Mortgage Fund (formerly known as CIMB-Principal US Mortgage Fund) Class USD -2.32% -0.58% 5.06% 0.00% 3.97% 0.9878 0.16
Benchmark -0.73% -0.47% 11.87% 0.00% 13.95%
Benchmark : The Fund adheres to the benchmark of the Target Fund for performance comparison. The benchmark of the Target Fund is Barclays Mortgage-Backed Securities Index for performance measurement.

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jun-2021 0.40 1.64
Mar-2021 0.61 2.44
Dec-2020 0.55 2.16
Sep-2020 0.80 3.12
Jun-2020 0.71 2.76
Mar-2020 0.73 2.84
Nov-2019 0.74 2.88
Aug-2019 0.22 0.88
May-2019 0.49 1.96
Feb-2019 0.10 0.40
Nov-2018 0.10 0.40
Aug-2018 0.14 0.56

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

The Fund is a feeder fund which aims to maximise total return through investments in one collective investment scheme, which invests primarily in mortgage related securities in the US.

The Fund is suitable for investors who: 

  • have a medium to long-term investment horizon; and
  • seek to maximise total return whilst willing to accept moderate volatility associated with investments in mortgage related securities.


Fund Details

Distribution Policy Quarterly, depending on the availability of realised income and/or realised gains and at The Manager’s discretion.

The Manager has the discretion to distribute part or all of the Fund’s distributable income. The distribution (if any) may vary from period to period depending on the performance of the Fund.
Investment Time Horizon Medium to long term, i.e. three (3) years or more.
Initial Investment Minimum USD 2,000 or such other amount as the Manager may decide from time to time.
Additional Investment Minimum USD 1,000 or such other amount as the Manager may decide from time to time.
Cooling off period You have six (6) Business Days from the date the application form is received and accepted by the Manager or Distributor from the first time investor.

However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or distributor are not entitled to the cooling-off right.
Minimum Withdrawal 1,000 units or such other amount as the Manager may decide from time to time.
Launch Date 8 March 2017

Fund Partner

  • Standard Chartered Bank (Malaysia) Berhad
  • Citibank Berhad

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

Fund Fees

Application Fees Up to 3.50% of the NAV per unit.
Annual Fees Management Fee: Up to 1.25% 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 Since 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. We may impose
Class USD

(or equivalent) administrative fee for every switch made out of any of the CIMB-Principal 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.