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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;
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Principal Money Market Income Fund (Class AR)

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Money Market Income Fund (Class AR) 3.07% 3.72% 10.18% 15.45% 90.21% 1.0035 64.12
Benchmark 1.35% 1.62% 3.85% 5.37% 38.30%
Benchmark : CIMB Bank Overnight Rate

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0054
0.0001
0.01 %
1.0053
0.0001
0.01 %
1.0052
0.0003
0.03 %
1.0049
0.0001
0.01 %
1.0048
0.0001
0.01 %
1.0047
0.0001
0.01 %
1.0046
0.0001
0.01 %
1.0045
0.0002
0.02 %
1.0043
0.0001
0.01 %
1.0042
0.0001
0.01 %
1.0041
0.0001
0.01 %
1.0040
0.0001
0.01 %
1.0039
0.0003
0.03 %
1.0036
0.0002
0.02 %
1.0034
0.0001
0.01 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Sep-2024 0.36 1.44
Jun-2024 0.42 1.69
Mar-2024 0.40 1.60
Dec-2023 0.63 2.82
Sep-2023 0.74 3.02
Jun-2023 0.69 2.81
Mar-2023 0.63 2.61
Dec-2022 0.79 3.20
Sep-2022 0.52 2.12
Jun-2022 0.52 2.12
Mar-2022 0.49 2.00
Dec-2021 0.49 2.00
Sep-2021 0.59 2.40
Jun-2021 0.84 3.44

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 Money Market Income Fund is a money market fund issued by Principal Malaysia. The Fund aims to provide a low risk investment option that normally earns higher interest than traditional bank accounts. 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 capital guaranteed fund.

The Fund is suitable for investors who:

  • have either a short-term or medium-term investment horizon;
  • want a portfolio that invest in Deposits;
  • desire a stream of income; and/or
  • seek preservation of capital* and flexibility in investment.

* The Fund is neither a capital guaranteed fund nor a capital protected fund.

Download Documents

Fund Details

Distribution PolicyQuarterly, if any, within fourteen (14) days after the last day of each quarter.
 
Initial Investment#MYR10,000 or such other amount as we may decide from time to time.

#The minimum initial investment for EPF-MIS shall be MYR1,000 or such other amount as determined by EPF. The list of funds that is allowed under the EPF-MIS approved fund will be updated on the website at www.principal.com.my or www.kwsp.gov.my as and when EPF revises the list. Alternatively, you may contact our Customer Care Centre at (03) 7723 7260 for further information.
 
Additional Investment#MYR1,000 or such other amount as we may decide from time to time.

#The minimum initial investment for EPF-MIS shall be MYR1,000 or such other amount as determined by EPF. The list of funds that is allowed under the EPF-MIS approved fund will be updated on the website at www.principal.com.my or www.kwsp.gov.my as and when EPF revises the list. Alternatively, you may contact our Customer Care Centre at (03) 7723 7260 for further information.
 
Cooling off period#

For first time investor investing with us, you 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 the 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 MYR within seven (7) Business Days, from the day we receive the complete documentations. Please note that the cooling-off right is only given to first time investor investing with us or any of 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.

If the Fund is an EPF-MIS approved fund and you have invested via EPF-MIS, your cooling-off right is subject to EPF’s terms and conditions.

#The minimum initial investment for EPF-MIS shall be MYR1,000 or such other amount as determined by EPF. The list of funds that is allowed under the EPF-MIS approved fund will be updated on the website at www.principal.com.my or www.kwsp.gov.my as and when EPF revises the list. Alternatively, you may contact our Customer Care Centre at (03) 7723 7260 for further information.
 

Minimum Withdrawal#1,000 units or such other number of units as we may decide from time to time

#The minimum initial investment for EPF-MIS shall be MYR1,000 or such other amount as determined by EPF. The list of funds that is allowed under the EPF-MIS approved fund will be updated on the website at www.principal.com.my or www.kwsp.gov.my as and when EPF revises the list. Alternatively, you may contact our Customer Care Centre at (03) 7723 7260 for further information.
 
Launch Date

13 August 2021

#With effect from 13 August 2021, the Fund will be split into Class AI and AR where individual unitholders will be designated to Class AR and non-individual unit holders will be designated to Class AI. 
*The effective launch date of Class AR will be the date of the Fund is split into Class AI and AR.

 

Fund Partner

  • AmInvestment Bank Berhad
  • CIMB Bank Berhad
  • CIMB Investment Bank - Retail Equities
  • CIMB Private Banking
  • Principal Distributors
  • Hong Leong Bank Berhad
  • Kenanga Investment Bank Berhad
  • iFast Capital Sdn Bhd
  • Phillip Mutual Berhad
  • RHB Bank Berhad
  • United Overseas Bank (Malaysia) Berhad
  • UOB Kay Hian Securities (M) Sdn Bhd

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

Fund Fees

Application Fees*Nil*

*If the Fund is an EPF-MIS approved fund and you have invested via EPF-MIS, you may be charged an Application Fee of up to 3.00% of the NAV per unit, or such other rate as the EPF may determine.  
 
Annual FeesManagement Fee: Up to 0.40% per annum of the NAV of the Class.

Trustee Fee: Up to 0.015% per annum (includes local custodian fee but excludes foreign sub-custodian fees and charges (if any)) of the NAV of the Fund
 

Switching Fees 

 

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).

You may negotiate to lower the amount for your switch with us or our Distributors.