Principal PRS Plus Moderate (formerly known as CIMB-Principal PRS Plus Moderate) - Class X

Fund Performance

As at date : 31-07-2021
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal PRS Plus Moderate (formerly known as CIMB-Principal PRS Plus Moderate) - Class X 5.70% 14.51% 26.02% 47.48% 67.80% 0.7979 28.65
Benchmark -4.02% -2.26% -3.76% 4.55% 12.40%
Benchmark : 60% FTSE Bursa Malaysia Top 100 + 40% Quant shop MGS Short Index

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Dec-2020 3.85 4.90

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 PRS Plus is an investment Scheme designed to facilitate Members to accumulate savings* for retirement.
Note *The Funds are neither capital guaranteed nor capital protected funds.

This Fund is suitable for Members who:

  • are seeking for capital appreciation;
  • are willing to accept some fluctuations in the value of his/her investment; and/or
  • want a diversified portfolio of equities and Fixed Income Instruments that may have some foreign exposure.


Note
- Before 31 December 2021: Where the Member is in the Default Option, this Fund is selected for a Member who is 40 years and above but has yet reached 50 years.
- With effect from 31 December 2021: Where the Member is in the Default Option, this Fund is selected for a Member who is 45 years and above but has yet reached 55 years.

Fund Details

Fund category / Type Core (Moderate)
Benchmark

60% FTSE Bursa Malaysia Top 100 + 40% Quant shop MGS Short Index for performance comparison purpose only.

Asset Allocation

•    At least 80% of the Fund’s NAV will be invested in fixed income instruments and money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in money market instruments and up to 5% of the Fund’s NAV may be invested in unrated fixed income instruments;
•    Up to 20% of the Fund’s NAV will be invested in equities; and
•    Up to 5% of the Fund’s NAV will be invested in liquid assets for liquidity purpose.

Principal risks Stock specific risk, credit and default risk, interest rate risk, country risk, currency risk and risks associated with investment in warrants/options.
Distribution policy The Fund is not expected to pay any distribution.
Launch date 12 November 2012
Financial year-end 31 January.
Cooling off period Six (6) Business Days from the date the application form is received and accepted by the PRS Provider. Please note that this cooling-off right is only given to a first time Member registered with PPA who is investing with any PRS provider.
Minimum contribution Nil
Minimum additional contribution Nil
Minimum withdrawal RM100 or 200 Units.

Fund Partner

  • Principal Distributors
  • CIMB Bank

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

Fund Fees

Fees and charges charged by Principal Asset Management

Sales Charge Nil
Management Fee 1.40% p.a. of the Fund’s NAV
Transfer Fee (to another PRS providers) A maximum of RM25 may be charged for each transfer to another PRS provider.
Note: All transaction on the transfer between PRS provider are only allowed for Vested Units.
Trustee Fee 0.04% p.a. of the Fund’s NAV

* The annual Management Fee is accrued daily based on the NAV of the Fund and paid monthly.
^ The annual Trustee Fee is accrued daily based on the NAV of the Fund and paid monthly. The Trustee Fee includes local custodian fees and charges but excludes foreign sub-custodian fees and charges.

Fees and charges charged by Private Pension Administrator ("PPA")

PPA account opening fee RM 10*
PPA annual fee^ RM 8
PPA pre-retirement withdrawal Fee  RM 25 per transaction
PPA transfer fee (to another PRS provider)  RM 25 per transaction
PPA administration fee# 0.04% p.a. of the Fund’s NAV

** This fee will be borne by us.
^ Not payable for the year the account is opened and on the year where there was no contribution.
# The annual PPA administration fee is accrued daily based on the NAV of the Fund and paid monthly.