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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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Principal Global Real Estate Fund (Class USD)

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Global Real Estate Fund (Class USD) 2.90% 18.15% -16.45% -7.87% -7.62% 0.9050 0.19
Benchmark 5.80% 7.00% 22.51% 40.26% 40.88%
Benchmark : The Fund has a target return of seven percent (7%) over rolling 3-years. This is not a guaranteed return and is only a measurement of the Fund's performance. The Fund may not achieve the target return in any particular financial year but targets to achieve the target return in any particular financial year but targets to achieve this growth over the medium to long term.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.8883
0.0041
0.46 %
0.8842
0.0015
0.17 %
0.8827
-0.0134
-1.50 %
0.8961
-0.0036
-0.40 %
0.8997
-0.0008
-0.09 %
0.9005
-0.0080
-0.88 %
0.9085
-0.0030
-0.33 %
0.9115
0.0061
0.67 %
0.9054
0.0060
0.67 %
0.8994
-0.0101
-1.11 %
0.9095
0.0051
0.56 %
0.9044
0.0051
0.57 %
0.8993
-0.0169
-1.84 %
0.9162
0.0007
0.08 %
0.9155
-0.0016
-0.17 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jul-2022 0.97 1.07
Jul-2021 1.07 0.97

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 Global Real Estate Fund is an open-ended equity fund issued by Principal Malaysia. The Fund aims to provide income and potential capital appreciation through investments in the real estate market.

The Fund is established as a multi-class fund and is allowed to establish new Class(es) from time to time. This is neither a capital protected fund nor a capital guaranteed fund.


This Fund is suitable for investors who:

  • wish to participate in the opportunities offered by global real estate related securities;
  • seek income and capital appreciation over medium to long term; and/or
  • can accept that investment returns may fluctuate over the investment period

Click here to learn more about the Principal Global Real Estate Fund. 

Download Documents

Fund Video

Fund Details

Fund Category / TypeReal Estate / Growth & Income
Base CurrencyUSD
Distribution PolicyDistribution (if any) is expected to be distributed semi-annual, depending on the availability of realised income and/or realised gains and at our discretion. We also have the discretion to make income distribution on an ad-hoc basis, taking into consideration the level of its realised income and/or realised gains, as well as the performance of the Fund.
 
Investment Time HorizonThe recommended investment timeframe for this Fund is medium to long term, which refers to a period of three (3) years or more.
 
Initial InvestmentMinimum USD 1,000 or such other amount as the Manager may decide from time to time.
 
Additional InvestmentUSD 100 or such other amount as the Manager may decide from time to time.
 
Cooling off periodFor first time individual investor investing with us, you 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 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. 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.
Minimum Withdrawal100 units or such other amount as the Manager may decide from time to time.
 
Launch Date7 October 2019

Fund Partner

  • CIMB Bank
  • CIMB Private Banking
  • iFast Capital Sdn Bhd
  • OCBC  Bank (Malaysia) Berhad
  • Phillip Mutual Berhad
  • UOB Kayhian
  • Principal Distributors

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

Fund Fees

Application FeesUp to 5.00% of the NAV per unit
Annual FeesManagement Fee: Up to 1.80% per annum of the NAV
Trustee Fee: Up to 0.055% per annum (including local custodian fees and charges but excluding foreign sub-custodian fees and charges) on the NAV of the Fund. The foreign sub-custodian fee is dependent on the country invested and is charged monthly in arrears.
 
Switching FeesSwitching is treated as a withdrawal from a Class and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you will be charged a Switching Fee equal to the difference (if any) between the Application Fee of the Class and the Application Fee of the other Class or Principal Malaysia’s fund (or its class). Switching Fee will not be charged if the Class or Principal Malaysia’s fund (or its class) to be switched into has a lower Application Fee.
In addition, we may impose USD35 as the administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fee with us or our Distributors. We also have the discretion to waive the Switching Fee and/or administrative fee.