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Principal Institutional Bond Fund 8 - Class MYR

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV ( ) Fund Size (million)
Principal Institutional Bond Fund 8 - Class MYR 0.00% 0.00% 0.00% 0.00% 0.59% 1.0059 170.28
Benchmark 0.00% 0.00% 0.00% 0.00% 0.32%
Benchmark : Blend BPAM Gov 1-3/3-7/BPAM Cor 1-3/3-7 (1:3:4:2)

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0058
0.0001
0.01 %
1.0057
0.0000
0.00 %
1.0057
0.0001
0.01 %
1.0056
0.0002
0.02 %
1.0054
-0.0003
-0.03 %
1.0057
-0.0001
-0.01 %
1.0058
-0.0003
-0.03 %
1.0061
0.0003
0.03 %
1.0058
0.0001
0.01 %
1.0057
0.0001
0.01 %
1.0056
0.0001
0.01 %
1.0055
0.0001
0.01 %
1.0054
0.0002
0.02 %
1.0052
0.0001
0.01 %
1.0051
0.0000
0.00 %
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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

The Fund is a wholesale fund issued by Principal Malaysia.

The Fund aims to provide regular income by investing in fixed income securities. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time without your prior consent.

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

The Fund best suits you if you:

  • are a Sophisticated Investor;
  • seek opportunity to invest in Malaysia fixed income securities;
  • seek regular income; and/or
  • have a short to medium investment horizon.
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Fund Details

Distribution Policy

Depending on the level of income (if any) that this Class generates, this Class aims to distribute part or all of its distributable income on a quarterly basis.

Note: The Fund may distribute from realised income, realised capital gains, unrealised income, unrealised capital gains, capital or a combination of any of the above. We reserve the right to vary the frequency and/or amount of distributions.

 

Initial Investment

MYR 1 million or such other amount as the Manager may decide from time to time.

 

Additional Investment

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

 

Cooling-off period

Individual Sophisticated Investors have six (6) Business Days after your initial investment (i.e. 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 or prevailing NAV per unit at the point of cooling-off (whichever is lower) (“Refund Amount”). We will pay the Refund Amount including the Application Fee (if any) to you in the currency of the respective Class within seven (7) Business Days 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 our Distributors. However, corporations/institutions and Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trust funds are not entitled to the cooling-off right.    

 

Minimum Withdrawal

100,000 units or such other number of units as we may decide from time to time.

 

Minimum Balance

100,000 units or such other number of units as we may decide from time to time.

 

Launch Date

28 August 2024

 

Fund Partner

  • Principal's Distributors

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

 

Fund Fees

Application Fees*

Nil

 

Annual Fees

Management Fee: Up to 0.15% per annum of the NAV of the Class.

Trustee Fee:
0.03% per annum of the NAV of the Fund.      

 

Switching Fees

Nil

 

Transfer Fees

Nil