Disclaimer

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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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  1. have read, understood and agree to the above;
  2. are a Malaysian resident and you are accessing the information from within Malaysia; and
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Principal ASEAN Dynamic Fund - Class USD

Fund Performance

As at date : 30-11-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal ASEAN Dynamic Fund - Class USD 16.09% 20.74% 13.32% 36.14% 66.85% 0.8128 2.06
Benchmark 8.21% 9.00% 29.51% 53.87% 131.60%
Benchmark : The Fund has a target return of nine percent (9%) per annum.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.8058
-0.0103
-1.26 %
0.8161
-0.0042
-0.51 %
0.8203
-0.0080
-0.97 %
0.8283
-0.0031
-0.37 %
0.8314
-0.0025
-0.30 %
0.8339
-0.0021
-0.25 %
0.8360
-0.0005
-0.06 %
0.8365
0.0011
0.13 %
0.8354
-0.0004
-0.05 %
0.8358
0.0016
0.19 %
0.8342
0.0070
0.85 %
0.8272
0.0054
0.66 %
0.8218
0.0090
1.11 %
0.8128
0.0000
0.00 %
0.8128
-0.0001
-0.01 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Nov-2024 1.31 1.61
Nov-2023 0.71 1.04

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

Note: This fund under EPF Members’ Investment Scheme (EPF-MIS) is suspended with effect from 10 April 2023 and will cease to accept sales or switch-in after 4 April 2023, cut off time at 4.00pm. Existing fund holders may keep your monies in the fund, switch out or redeem.

Principal ASEAN Dynamic Fund is an equity fund issued by Principal Malaysia. The Fund aims to achieve capital appreciation over the medium to long term by investing in the ASEAN region. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time. As the Fund is a Qualifying CIS under the ASEAN CIS Framework, there are Classes of the Fund that may be offered to investors in other countries that participate in the ASEAN CIS Framework. For investors in Malaysia, currently, only Class MYR is available for sale.

Fund is suitable for investors who : 

  • have a medium to long term investment horizon;
  • want a diversified portfolio of investment in ASEAN region;
  • seek capital appreciation over the medium to long term; and
  • can accept that investment returns may fluctuate over the investment period.
Download Documents

Fund Details

Distribution PolicyGiven the Fund’s investment objective, the Class of the Fund is not expected to pay any distribution. Distributions, if any, are at the discretion of the Manager and will vary from period to period depending on the availability of realised income for distribution and performance of the Fund.
 
Investment Time HorizonMedium to long term. 
 
Initial InvestmentMinimum USD 200 or such other amount as the Manager may decide from time to time decide.
 
Additional InvestmentMinimum USD 100 or such other amount as the Manager may decide from time to time decide.
 
Cooling off period

For first time investor investing with us or any of our Distributors, you have six (6) Business Days after your initial investment (i.e. from the date the complete application is received and accepted by us or our Distributors) to reconsider its 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 will refund the investment amount including the Application Fee (if any) to you in MYR within seven (7) Business Day or ten (10) days whichever is lesser, from the date we receive the complete documentations. Please note that the cooling-off right is only given to first time investor investing with us or any of our Distributors. However, Principal Malaysia’s staff and person(s) registered to deal in unit trust of Principal Malaysia or any Distributors are not entitled to the cooling-off right.

In addition, if you have invested via the EPF-MIS (where available), your cooling-off right is subject to EPF’s terms and conditions.
 

Minimum Withdrawal200 units or such other number of units as the Manager may decide from time to time.
 
Launch Date3 March 2015.
 

Fund Partner

  • CIMB Bank Berhad
  • CIMB Investment Berhad - Private Banking
  • iFast Capital Sdn Bhd
  • Kenanga Investment Bank Berhad
  • Philip Mutual Berhad
  • Principal Distributors
  • UOB Kayhian

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

Fund Fees

Application FeesPrincipal Distributors: Up to 6.50% of the NAV per unit.
IUTAs: Up to 5.50% of the NAV per unit.
 
Annual FeesManagement Fee: Up to 1.80% per annum of the NAV of the Class in Malaysia. 

Trustee Fee: Up to 0.06% per annum (including local custodian fee but excluding foreign sub-custodian fee and charges) on the NAV of the Fund. 
 
Switching FeesYou may be charged a Switching Fee equal to the difference (if any) between the Application Fee of Class USD and the Application Fee of the other Class or Principal Malaysia’s fund (or its class). Also, we may impose a USD 35 administrative fee for every switch.
 
Transfer FeesA maximum of USD 15 may be charged for each transfer.