Disclaimer

Not an Offer to Sell or a Solicitation to Buy

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
  3. agree to the exclusion by Principal of any liability for any loss (direct or otherwise) arising from the use of any part of the information contained in this website, and the exclusion of any liability in respect of any error or omission by Principal and any relevant third party.
     

Principal Australian Equity Fund

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.3104
-0.0097
-3.03 %
0.3201
-0.0051
-1.57 %
0.3252
0.0043
1.34 %
0.3209
-0.0018
-0.56 %
0.3227
-0.0035
-1.07 %
0.3262
0.0089
2.80 %
0.3173
0.0092
2.99 %
0.3081
0.0042
1.38 %
0.3039
0.0030
1.00 %
0.3009
-0.0034
-1.12 %
0.3043
0.0009
0.30 %
0.3034
0.0139
4.80 %
0.2895
-0.0087
-2.92 %
0.2982
-0.0036
-1.19 %
0.3018
0.0101
3.46 %
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Income Distribution History

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 Australian Equity Fund is a feeder fund issued by Principal Malaysia. The Fund aims to achieve medium to long-term
capital appreciation predominantly through investment in a portfolio of Australian securities.

This fund is suitable for investors who want medium to long-term capital appreciation through investment in a portfolio of Australian securities.
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Fund Details

Distribution Policy 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.
Initial Investment RM500 or such other amount as the Manager may from time to time decide. 
Additional Investment RM200 or such other amount as the Manager may from time to time decide. 
Cooling off period You have six (6) Business Days after your initial investment (i.e. the date the application is received by Principal Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with Principal Asset Management or any Approved Distributor for the first time. However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or any Approved Distributor are not entitled to the cooling-off right.
Minimum Withdrawal 800 units.
Launch Date 20 March 2010.

Fund Partner

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

Fund Fees

Application Fees

Principal Distributors : Up to 6.5% of the NAV per unit.

IUTAs : Up to 5.50% of the NAV per unit.
Annual Fees Management Fee: Up to 1.80% per annum of the NAV of the Fund.
Trustee Fee: 0.08% 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 fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fees of these two (2) funds. Switching Fee will not be charged if the fund to be switched into has lower Application Fee. In addition, the Manager imposes a RM100 administrative fee for every switch made out of Principal Fund. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.