Disclaimer

Not an Offer to Sell or a Solicitation to Buy

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.

Acknowledgement

By clicking on “I Agree” below, you will acknowledge and agree with Principal that you:

  1. have read, understood and agree to the above;
  2. are a Malaysian resident and you are accessing the information from within Malaysia; and
  3. agree to the exclusion by Principal of any liability for any loss (direct or otherwise) arising from the use of any part of the information contained in this website, and the exclusion of any liability in respect of any error or omission by Principal and any relevant third party.
     

Principal Global Preferred Securities 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 Global Preferred Securities Fund - Class MYR-Hedged 4.62% 10.70% -4.85% 1.15% 13.46% 0.8230 2.60
Benchmark 2.52% 12.99% -6.88% 0.91% 15.78%
Benchmark : The Fund adheres to the benchmark of the Target Fund for performance comparison, i.e. Bloomberg Barclays Global Aggregate Corporate Index.

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.8241
-0.0025
-0.30 %
0.8266
0.0009
0.11 %
0.8257
-0.0005
-0.06 %
0.8262
0.0001
0.01 %
0.8261
-0.0012
-0.15 %
0.8273
-0.0015
-0.18 %
0.8288
-0.0012
-0.14 %
0.8300
-0.0002
-0.02 %
0.8302
-0.0001
-0.01 %
0.8303
0.0012
0.14 %
0.8291
0.0010
0.12 %
0.8281
0.0000
0.00 %
0.8281
0.0003
0.04 %
0.8278
-0.0001
-0.01 %
0.8279
0.0001
0.01 %
Download CSV

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Dec-2020 1.02 4.24
Sep-2020 0.70 3.00
Jun-2020 0.81 3.56
Mar-2020 0.98 5.00
Dec-2019 0.91 3.72
Sep-2019 0.92 3.84
Jun-2019 0.37 1.60
Mar-2019 1.02 4.64
Jun-2018 7.33 28.48
Feb-2018 4.68 18.16

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, which aims to achieve income and capital appreciation primarily through investment in preferred securities. The Fund invests primarily in one collective investment scheme, i.e. Principal Global Investors – Preferred Securities Fund. 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 investors who:

  • Have medium to long term investment horizon; and/or
  • Seek income and capital appreciation
  • want to invest in a portfolio with exposure to preferred securities; and/or
  • are prepared to accept, in normal conditions, a medium degree of volatility of NAV per annum.
Download Documents

Fund Details

Distribution PolicyQuarterly, depending on market conditions and the availability of realised income and/or realised gains and at our discretion. We have the right to make provisions for reserves in respect of distribution of the Class. If the income available is too small or insignificant, any distribution may not be of benefit to you as the total cost to be incurred in any such distribution may be higher than the amount for distribution. We have the discretion to decide on the amount to be distributed to you. 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.
Note: The Fund may distribute income from realised income, realised capital gains, unrealised income, unrealised capital gains, capital and/or a combination of any of the above. We reserve the right to vary the frequency and/or amount of distributions.
 
Investment Time HorizonMedium to long term, i.e. three (3) years or more.
 
Initial Investment
Class MYRClass MYR-HedgedClass USD
Minimum RM5,000 or such other amount as the Manager may from time to time decide.Minimum RM5,000 or such other amount as the Manager may from time to time decide.Minimum USD 5,000 or such other amount as the Manager may from time to time decide. 

 

Additional Investment
Class MYRClass MYR-HedgedClass USD
Minimum RM2,000 or such other amount as the Manager may from time to time decide.Minimum RM2,000 or such other amount as the Manager may from time to time decide.Minimum USD 2,000 or such other amount as the Manager may from time to time decide. 

 

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 Withdrawal5,000 units or such other number of units as we may decide from time to time. 
 
Launch Date20 February 2017
 

Fund Partner

  • CIMB Private Banking
  • Kenanga Investment Bank Berhad
  • iFast Capital Sdn Bhd
  • Philip Mutual Berhad
  • United Overseas Bank (Malaysia) Berhad
  • UOB Kayhian
  • Principal Distributors

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

Fund Fees

Application FeesUp to 3.50% of the NAV per unit.
 
Annual FeesManagement Fee: Up to 1.50% per annum of the NAV of the Class in Malaysia.
Trustee Fee: Up to 0.04% per annum of the NAV of the Class (including local custodian fees and charges but excluding foreign sub-custodian fees and charges).
 
Switching FeesSwitching is treated as a withdrawal from the Class and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you may 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 MYR100 administrative fee for every switch made out of any of the Principal Malaysia’s funds. You may negotiate to lower the Switching Fee and/or administrative fee. We also have the discretion to waive the Switching Fee and/or administrative fees.