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Principal Global Multi Asset Income Fund - Class AUD-Hedged

Fund Performance

As at date : 30-11-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (AUD) Fund Size (million)
Principal Global Multi Asset Income Fund - Class AUD-Hedged 7.06% 11.17% -3.64% 0.00% 4.96% 0.9066 0.24
Benchmark 13.51% 18.43% 15.86% 0.00% 40.87%
Benchmark : 40% Bloomberg Barclays US High Yield 2% Issuer Cap Index (Total Return Gross) Hedged to USD 35% MSCI World Index (Total Return Net) Hedged to USD 25% Bloomberg Barclays Global Credit Index (Total Return Gross) Hedged to USD

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.8835
-0.0114
-1.27 %
0.8949
-0.0005
-0.06 %
0.8954
-0.0028
-0.31 %
0.8982
-0.0007
-0.08 %
0.8989
-0.0020
-0.22 %
0.9009
-0.0012
-0.13 %
0.9021
0.0005
0.06 %
0.9016
-0.0030
-0.33 %
0.9046
-0.0069
-0.76 %
0.9115
0.0015
0.16 %
0.9100
0.0011
0.12 %
0.9089
-0.0007
-0.08 %
0.9096
0.0019
0.21 %
0.9077
0.0011
0.12 %
0.9066
0.0003
0.03 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Sep-2024 0.87 3.81
Jun-2024 0.65 2.92
Mar-2024 0.42 1.94
Dec-2023 0.49 1.92
Sep-2023 0.39 1.92
Jun-2023 1.00 4.69
Mar-2023 1.06 4.93
Dec-2022 0.86 3.92
Sep-2022 1.10 4.84
Jun-2022 0.76 3.16
Mar-2022 0.77 3.04
Dec-2021 0.85 3.20
Sep-2021 0.73 2.72
Jun-2021 0.80 3.04
Mar-2021 0.77 3.00

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 aims to provide income and potential capital growth to investors through investments in one collective investment scheme, which invests in a diversified portfolio of global assets.
 

Fund is suitable for investors who:

  • are Sophisticated Investors;
  • have a medium term to long term investment horizon; and/or
  • seek exposure in global mixed assets which is structured via a feeder fund.
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Fund Details

Distribution PolicyDepending on the level of income (if any) the Class generates, the Class will distribute on a quarterly basis. If the distribution available is too small or insignificant, any distribution may not be of benefit to the Unit holders as the total cost to be incurred in any such distribution may be higher than the amount for distribution. We have the discretion to decide on the amount to be distributed to the Unit holders.
 
Investment Time HorizonRecommended medium term to long term.
 
Initial InvestmentMinimum AUD 2,000
 
Additional InvestmentAUD 1,000 or such other amount as the Manager may decide from time to time.
 
Cooling off periodSix (6) Business Days from the date the application form is received and accepted by the Manager or Approved Distributor for the first time. However,corporations/institutions investing in the Fund are not entitled to the cooling off rights.
 
Minimum Withdrawal1,000 units or such other amount as the Manager may from time to time decide.
 
Launch Date4 December 2019
 

Fund Partner

  • CIMB Bank Berhad
  • Citibank Berhad
  • Principal Unit Trust Scheme Consultant
  • Hong Leong Bank Berhad
  • HSBC Bank (Malaysia) Berhad
  • iFast Capital Sdn Bhd
  • OCBC Bank (Malaysia) Berhad
  • Phillip Mutual Berhad
  • Standard Chartered Bank (Malaysia) Berhad
  • United Overseas Bank (Malaysia) Berhad
  • Kenanga Investment Bank Berhad

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

Fund Fees

Application Fees

Principal Distributors : Up to 6.50% on the NAV per unit.

IUTAs : Up to 5.50% of the NAV per unit
 

Annual FeesManagement Fee: 1.80% per annum of the NAV of the Class
Trustee Fee: 0.04% per annum on the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges)
 
Switching FeesSwitching is treated as a withdrawal from one class or fund and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you may be charged a Switching Fee equal to the difference (if any) between the Application Fee of the Class and the Application Fee of the other class or Principal Malaysia’s fund (or its class). Switching Fee will not be charged if the Class or Principal Malaysia’s fund (or its class) to be switched into has a lower Application Fee. The Manager may impose AUD 35 (or equivalent) administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees. The Manager also have the discretion to waive the Switching Fee and/or administrative fees.