Notification: Change of benchmark for Principal Vietnam Equity Fund
Principal Vietnam Equity Fund (“Feeder Fund”) is a retail feeder fund that invests into the Principal Vietnam Equity Fund (“Target Fund”) managed by Principal Asset Management Company Limited (“Target Fund Management Company”).
The Target Fund Management Company has notified Principal Asset Management Berhad on the change of benchmark of the Target Fund as follows:
Feeder Fund | Target Fund | Current benchmark | New benchmark w.e.f. |
| Principal Vietnam Equity Fund | Principal Vietnam Equity Fund | MSCI Vietnam Net Total Return USD Index | FTSE Vietnam Index TR USD |
The new benchmark for the Target Fund will take effect from 1 July 2024 onwards, where the Feeder Fund will also adhere to the new benchmark for performance comparison purposes only. Additionally, the new benchmark will also be reflected in the Feeder Fund’s Product Highlights Sheet (“PHS”).
We look forward to providing you with best-in-class wealth management services through a full range of investment products. Should you require clarification or further information with regard to the above, please contact your servicing consultant for assistance. Alternatively, you may also contact our Customer Care Centre at 03-7723 7260, WhatsApp at 6016-299 9792, or e-mail us at myservice@principal.com.
Thank you.