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Principal Islamic Deposit Fund (Class AR)

Fund Performance

As at date : 30-04-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Islamic Deposit Fund (Class AR) 1.19% 3.61% 8.41% 13.83% 47.82% 1.0721 17.98
Benchmark 1.00% 3.05% 7.45% 12.55% 49.38%
Benchmark : Islamic Interbank Overnight Rate

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0783
0.0003
0.03 %
1.0780
0.0001
0.01 %
1.0779
0.0001
0.01 %
1.0778
0.0001
0.01 %
1.0777
0.0003
0.03 %
1.0774
0.0001
0.01 %
1.0773
0.0001
0.01 %
1.0772
0.0001
0.01 %
1.0771
0.0004
0.04 %
1.0767
0.0001
0.01 %
1.0766
0.0001
0.01 %
1.0765
0.0001
0.01 %
1.0764
0.0001
0.01 %
1.0763
0.0003
0.03 %
1.0760
0.0002
0.02 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Apr-2024 0.01 0.06
Mar-2024 0.00 0.00
Feb-2024 0.00 0.00
Jan-2024 0.00 0.00
Dec-2023 0.00 0.00
Nov-2023 0.00 0.00
Oct-2023 0.00 0.00
Sep-2023 0.00 0.00
Aug-2023 0.00 0.00
Jul-2023 0.00 0.00
Jun-2023 0.00 0.00
Sep-2022 0.00 0.00
Dec-2021 0.14 1.68
Nov-2021 0.13 1.56
Oct-2021 0.14 1.68

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 Islamic Deposit Fund is an Islamic money market fund issued by Principal Malaysia. The Fund aims to provide investors with liquidity and regular income, whilst maintaining capital stability by investing primarily in deposits that comply with the Shariah principles. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time.

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

Fund is suitable for investors who:

  • have a short-term investment horizon;
  • want a portfolio of investments that adhere to Shariah principles;
  • desire a stream of income; and/or 
  • seek for security and flexibility in investment.
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Fund Details

Distribution PolicyMonthly, depending on the level of income (if any) the Fund generates.
 
Initial InvestmentMinimum MYR10,000 or such other amount as the Manager may from time to time decide.
 
Additional InvestmentMYR1,000 or such amount as the Manager or the Approved Distributor may from time to time decide.
 
Cooling off periodYou 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 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, Principal Malaysia’s staff or a person registered with a body approved by the SC to deal in unit trust funds 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 the EPF’s terms and conditions.
 
Minimum Withdrawal1,000 units or such other number of units as the Manager may decide from time to time.
 
Launch Date13 August 2021

Fund Partner

  • CIMB Bank Berhad
  • CIMB Investment Bank - Retail Equities
  • CIMB Private Banking
  • Principal Distributors
  • Kenanga Investment Bank Berhad
  • IFAST Capital Sdn Bhd
  • UOB Kay Hian Securities (M) Sdn Bhd

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

Fund Fees

Annual FeesManagement Fee: Up to 0.30% per annum of the NAV of the Class.

Trustee Fee: Up to 0.02% per annum includes local custodian fee but excludes foreign sub-custodian fees and charges (if any) of the NAV of the Fund.
 
Switching Fees

Since switching is treated as a withdrawal from one 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 a Principal fund. However, this RM100 administrative fee is waived for the first four (4) switches out of a fund in each calendar year. The Manager also has the discretion to waive the Switching Fee and/ or administrative fees.