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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.

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Principal PRS Plus Asia Pacific Ex Japan Equity - Class X

Fund Performance

As at date : 31-05-2022
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal PRS Plus Asia Pacific Ex Japan Equity - Class X -4.17% -9.47% 27.12% 40.04% 153.00% 1.1343 40.60
Benchmark 3.24% 8.00% 25.97% 46.93% 108.50%
Benchmark : The Fund has a target return of 8% per annum This is not a guaranteed return and is only a measurement of the Fund’s performance. The Fund may not achieve the target return in any particular financial year but targets to achieve this growth over the long-term.

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2021 6.12 4.86
Dec-2020 7.23 5.75

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. The Scheme comprises of a range of retirement funds, which Members may choose to invest based on their retirement needs, risk appetite and age profile.

* 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 volatility in the value of his/her investment; and/or
  • want investments in the Asia Pacific ex Japan region.

Fund Details

Fund category / Type Feeder Fund – Equity
 
Benchmark

The Fund has a target return of 8% per annum. This is not a guaranteed return and is only a measurement of the Fund’s performance. The Fund may not achieve the target return in any particular financial year but targets to achieve this growth over the long-term.
 

Asset Allocation

•    At least 85% of the Fund’s NAV will be invested in the Target Fund; and
•    Up to 15% of the Fund’s NAV may be invested in liquid assets for liquidity purpose.
 

Principal risks Risks associated with investment in the Target Fund.
 
Target Fund risks Stock specific risk, country risk, liquidity risk, currency risk, credit and default risk, interest rate risk, risk associated with investing in CIS and risk of investing in emerging markets.
 
Distribution policy The Fund is not expected to pay any distribution. All income earned by you will automatically be reinvested into the Fund.
 
Launch date 12 November 2012
 
Financial year-end 31 January.
 
Cooling off period You have six (6) Business Days after your initial contribution (i.e. the date the complete application is received and accepted by us or our Distributors) to reconsider the appropriateness and suitability for your investment needs. Within this period, you may withdraw your investment at the same NAV per Unit when the units were purchased. We must obtain prior authorization of the PPA before proceeding with the refund. We will refund the investment amount including the Sales Charge (if any) to you in MYR within ten (10) calendar days of receiving the authorization of the PPA. 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. However, Principal Malaysia’s staff, person(s) registered by a body approved by the SC to deal in PRS and contributions made to PRS by an employer on behalf of the employee are not entitled to the cooling-off right.
 
Minimum contribution Nil
Minimum additional contribution Nil
Minimum withdrawal MYR 100 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 MYR 25 may be charged for each transfer to another PRS provider.
 
Trustee Fee

0.04% p.a. of the Fund’s NAV

(Includes local custodian fees and charges but excludes foreign custodian fees and charges)
 

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


^ 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