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Principal Institutional Bond Fund 6

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Institutional Bond Fund 6 3.63% 5.27% 12.54% 20.28% 53.47% 1.0756 205.21
Benchmark 3.49% 4.26% 12.83% 21.08% 54.69%
Benchmark : Maybank 12 Months Fixed Deposit Rate 1.5%

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0777
0.0005
0.05 %
1.0772
0.0001
0.01 %
1.0771
0.0003
0.03 %
1.0768
0.0001
0.01 %
1.0767
-0.0003
-0.03 %
1.0770
0.0002
0.02 %
1.0768
0.0002
0.02 %
1.0766
0.0005
0.05 %
1.0761
0.0006
0.06 %
1.0755
-0.0001
-0.01 %
1.0756
-0.0005
-0.05 %
1.0761
0.0000
0.00 %
1.0761
0.0003
0.03 %
1.0758
0.0003
0.03 %
1.0755
0.0001
0.01 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Sep-2024 0.27 0.00
Aug-2024 0.53 5.87
Jul-2024 0.37 4.18
Jun-2024 0.24 2.67
May-2024 0.16 1.76
Apr-2024 0.61 6.86
Mar-2024 0.26 2.88
Feb-2024 0.43 4.83
Jan-2024 0.26 2.93
Dec-2023 0.34 3.39
Nov-2023 0.23 2.56
Oct-2023 0.51 5.83
Sep-2023 0.25 2.84
Aug-2023 0.36 4.03
Jul-2023 0.23 2.59

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 wholesale bond fund issued by Principal Malaysia which aims to provide income and capital growth by investing primarily in bonds.

This is neither a capital protected fund nor a capital guaranteed fund.

The Fund best suits you if you:

  • are a Sophisticated Investor (limited to institutional investors only);
  • have a medium-term investment horizon, i.e. three (3) years or more;
  • want access to bond market; and
  • are looking for a less volatile investment but can accept that returns may fluctuate over the short-term, i.e. less than one (1) year.
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Fund Details

Distribution Policy

Once a year, depending on the level of income (if any) the Fund generates and at our discretion.

Minimum Initial Investment

MYR 250,000 or such other amount as we may decide from time to time.

Minimum Additional Investment

MYR 100,000 or such other amount as we may decide from time to time.

Cooling off period

Corporations/institutions investing in the Fund are not entitled to the cooling-off right.

Minimum Withdrawal

MYR 100,000 or such other amount as we may decide from time to time. There is no restriction on the frequency of withdrawals.

Fund Fees

Management Fees0.26% per annum of the NAV of the Fund.
Trustee Fees

0.02% per annum of the NAV of the Fund.

Switching Fees

Since switching is treated as a withdrawal from one (1) fund and an investment into another Principal Malaysia’s fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. In addition, we may impose a MYR100 administrative fee for every switch. However, we have the discretion to waive the Switching Fee and/or administrative fees.

Transfer FeeA transfer fee of not more than MYR50.00 may be charged for each transfer. However, we have the discretion to waive the Transfer Fee.