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Principal World Selection Conservative Fund (Class MYR-Hedged)

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal World Selection Conservative Fund (Class MYR-Hedged) 1.02% 6.76% -11.28% -6.22% -3.59% 0.8774 1.26
Benchmark 0.00% 0.00% 0.00% 0.00% 0.00%
Benchmark : The Fund is benchmark unconstrained as Target Fund is benchmark unconstrained, i.e. it will be actively managed without reference to any specific benchmark

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.8811
0.0006
0.07 %
0.8805
-0.0011
-0.12 %
0.8816
-0.0020
-0.23 %
0.8836
-0.0008
-0.09 %
0.8844
0.0014
0.16 %
0.8830
-0.0016
-0.18 %
0.8846
-0.0018
-0.20 %
0.8864
-0.0028
-0.31 %
0.8892
0.0011
0.12 %
0.8881
-0.0012
-0.13 %
0.8893
0.0008
0.09 %
0.8885
0.0024
0.27 %
0.8861
0.0009
0.10 %
0.8852
0.0006
0.07 %
0.8846
-0.0001
-0.01 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Dec-2020 0.33 1.24
Mar-2020 1.22 5.08

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 feeder fund issued by Principal Malaysia. The Fund aims to provide long term total returns through investments in one collective investment scheme, which is managed with low risk strategy by investing primarily in bonds and shares, either directly or through investing into other funds. 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.

Fund is suitable for investor who:

  • a Sophisticated Investor;
  • have a long term investment horizon;
  • seek for a reasonable level of capital growth while willing to accept a low degree of risk; and
  • seek for regular income.
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Fund Details

Distribution PolicyClass USD, Class AUD-Hedged, Class GBP-Hedged, Class MYR-Hedged and Class SGD-Hedged: Depending on the level of income (if any) the Class generates, the 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.
Investment Time HorizonRecommended 5 years or more.
Minimum Initial InvestmentMYR 10,000 or such other amount as we may decide from time to time.
Minimum Additional InvestmentMYR 5,000 or such other amount as we may decide from time to time.
SwitchingSwitching 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:
  o the minimum withdrawal amount applicable to the Class;
  o the minimum balance required (after the switch) for the Class, unless you are withdrawing from the Class in entirety; and
  o the Withdrawal Penalty of the Class (if any);
▪ for switching into the Class:
  o the minimum initial investment amount or the minimum additional investment amount (as the case may be) applicable to the Class; and
  o 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.
Cooling off periodYou have six (6) Business Days after your initial investment (i.e. from the date the complete application is received and accepted by us or any of 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 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 or institutions, 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 Withdrawal5000 units or such other number of units as we may decide from time to time.
Launch Date15 May 2019

Fund Partner

  • HSBC Bank (Malaysia) Berhad

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

Fund Fees

Application FeesUp to 5.50% of the NAV per unit
Annual FeesManagement Fee: Up to 1.20% per annum of the NAV
Trustee Fee: Up to 0.04% per annum of the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges).
Switching FeesSince switching is treated as a withdrawal from one class or fund and an investment into another class or fund, you will be charged a Switching Fee equal to the difference (if any) between the Application Fee of the Class and Application Fee of the other class or fund. Switching Fee will not be charged if the class or fund to be switched into has a lower Application Fee. We may impose MYR100 administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees with us or our Distributors. We also have the discretion to waive the Switching Fee and/or administrative fees.