Principal Islamic Lifetime Sukuk Fund - Class D

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0606
-0.0011
-0.10 %
1.0617
0.0002
0.02 %
1.0615
0.0001
0.01 %
1.0614
0.0000
0.00 %
1.0614
0.0000
0.00 %
1.0614
0.0001
0.01 %
1.0613
0.0002
0.02 %
1.0611
0.0001
0.01 %
1.0610
0.0001
0.01 %
1.0609
0.0000
0.00 %
1.0609
0.0004
0.04 %
1.0605
-0.0009
-0.08 %
1.0614
-0.0001
-0.01 %
1.0615
-0.0002
-0.02 %
1.0617
0.0001
0.01 %
* this indicates mid-day price
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General Information

The Fund is a Sukuk fund issued by Principal Malaysia. The Fund aims to gain higher than average income over the medium to long-term by investing in a diversified portfolio consisting principally of Sukuk, certificates of deposit*, short-term money market instruments* and other permissible investments under the Shariah principles. 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 refers to equities classified as Shariah compliant by the SAC of SC.

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

The Fund best suits you if you:

  • have a long-tem investment horizon;
  • want a diversified portfolio of Islamic fixed income securities;
  • seek regular income; and/or
  • look for a less volatile investment but can accept that returns may fluctuate over the investment period.

.

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Fund Details

Distribution PolicyDistribution (if any) is expected to be distributed every January at the Manager’s discretion.
 
Initial InvestmentMYR10 or such other amount as we may decide from time to time.
 
Additional InvestmentMYR10 or such other amount as we may decide from time to time.
 
Cooling off period

For first time individual investor investing with us, you have six (6) Business Days after your initial investment (i.e. from the date the completed application is received and accepted by us or any of 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, 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.

For transaction through e-Wallet App, cooling-off right is not applicable if you have withdrawn all or parts of your investment from Class D either to your e-Wallet or your bank account. Request for cooling-off can be made directly through Principal Malaysia and/or through the e-Wallet App (where available).

Note: Please consult your professional advisers before investing. You may also contact our Customer Care Centre at (03) 7723 7260 or whatsApp at (6016) 299 9792 for further information.


 

Minimum WithdrawalMYR 10 or such other amount as we may decide from time to time.
 
Launch Date9 October 2023

Fund Partner

  • TNG Digital Sdn Bhd

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

Fund Fees

Application FeesUp to 2.00% of the NAV per unit.
 
Annual FeesManagement Fee: Up to 0.95% per annum of the NAV of the Fund.

Trustee Fee: Up to 0.03% per annum includes local custodian fee but excludes foreign sub-custodian fees and charges (if any) of the NAV of the Fund.
 
Switching Fees

When available, switching will be conducted based on the value of your investment in the Class. The minimum amount for a switch is subject to:

 For switching out of the Class:

  • the minimum withdrawal applicable to the Class;
  • the minimum balance required for the Class, unless you are withdrawing from the Class in entirety; and
  • the Withdrawal Fee of the Class (if any).

 For switching into the Class:

  • the minimum initial investment amount or the minimum additional investment amount (as the case may be) applicable to the Class; and
  • the Switching Fee applicable for the proposed switch (if any).