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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 Heritage Income Fund (Class USD-Hedged)

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Heritage Income Fund (Class USD-Hedged) 1.18% 6.23% -17.77% 0.00% -20.75% 0.6687 0.25
Benchmark 0.00% 0.00% 0.00% 0.00% 0.00%
Benchmark : The Fund adheres to the benchmark of the Target Fund for performance comparison. Currently, Target Fund has no benchmark.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.6541
-0.0008
-0.12 %
0.6549
-0.0020
-0.30 %
0.6569
-0.0022
-0.33 %
0.6591
-0.0035
-0.53 %
0.6626
-0.0006
-0.09 %
0.6632
-0.0008
-0.12 %
0.6640
0.0011
0.17 %
0.6629
0.0012
0.18 %
0.6617
-0.0014
-0.21 %
0.6631
-0.0030
-0.45 %
0.6661
-0.0013
-0.19 %
0.6674
0.0002
0.03 %
0.6672
-0.0002
-0.03 %
0.6674
-0.0014
-0.21 %
0.6688
-0.0010
-0.15 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2024 0.38 6.85
Sep-2024 0.39 6.77
Aug-2024 0.38 6.74
Jul-2024 0.36 6.53
Jun-2024 0.35 6.42
May-2024 0.36 6.47
Apr-2024 0.36 6.54
Mar-2024 0.38 6.79
Feb-2024 0.25 4.50
Jan-2024 0.31 5.49
Dec-2023 0.26 4.56
Nov-2023 0.26 4.56
Oct-2023 0.33 5.90
Sep-2023 0.27 4.74
Aug-2023 0.28 4.76

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 income and capital growth through investments in one (1) CIS, which invests in a diversified portfolio of mixed asset. 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 is neither a capital protected fund nor a capital guaranteed fund.

Fund is suitable for investor who:

  • seek long-term capital appreciation and regular income; and
  • are comfortable with some volatility and risks associated with investment in fixed income or debt securities denominated in SGD and Asian currencies (which include non-investment grade securities) and to Asian equities primarily via CIS and other investment funds and emerging markets.
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Fund Details

Distribution PolicyMonthly, depending on the availability of realised income, realised gains and/or capital at our discretion.
Initial InvestmentMinimum USD 500 or such other amount as we may decide from time to time.
Additional InvestmentUSD 100 or such other amount as we may decide from time to time.
Cooling-off period

Six (6) Business Days from your initial investment (i.e. from the date the application form is received and accepted by Principal Asset Management or any Approved Distributor) for first-time investor.

However, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trusts are not entitled to the cooling-off right.

Minimum Withdrawal100 units or such other number of units as we may decide from time to time.
Launch Date2 April 2021. 

Fund Partner

  • Standard Chartered Bank (Malaysia) Berhad

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

Fund Fees

Application FeesUp to 5.00% of the NAV per unit.
Management FeeUp to 1.10% per annum of the NAV of the Class.
Trustee Fee

Before 18 November 2024,
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).

After 18 November 2024,
Up to 0.03% per annum of the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges).

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, the Manager may impose USD35 administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees with Principal Asset Management or any Approved Distributor. The Manager also have the discretion to waive the Switching Fee and/or administrative fees.