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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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  1. have read, understood and agree to the above;
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Principal Global Preferred Securities Fund - Class USD

Fund Performance

As at date : 30-11-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Global Preferred Securities Fund - Class USD 7.25% 10.59% 1.16% 4.89% 20.56% 0.9606 5.56
Benchmark 3.13% 7.52% -5.57% 1.76% 18.24%
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
0.9551
-0.0010
-0.10 %
0.9561
-0.0010
-0.10 %
0.9571
-0.0001
-0.01 %
0.9572
-0.0010
-0.10 %
0.9582
-0.0001
-0.01 %
0.9583
0.0000
0.00 %
0.9583
-0.0001
-0.01 %
0.9584
0.0010
0.10 %
0.9574
0.0009
0.09 %
0.9565
0.0009
0.09 %
0.9556
-0.0077
-0.80 %
0.9633
0.0007
0.07 %
0.9626
0.0010
0.10 %
0.9616
0.0009
0.09 %
0.9607
0.0010
0.10 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Sep-2024 0.71 2.94
Jun-2024 0.64 2.75
Mar-2024 0.74 3.18
Dec-2023 0.26 4.85
Sep-2023 0.35 1.60
Jun-2023 1.06 4.85
Mar-2023 0.92 4.25
Dec-2022 0.73 3.24
Sep-2022 0.79 3.48
Jun-2022 0.67 2.84
Mar-2022 0.87 3.52
Dec-2021 0.86 3.28
Sep-2021 0.80 3.00
Jun-2021 0.90 3.40
Mar-2021 0.95 3.60

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 which aims to achieve income and capital appreciation primarily through investment in preferred securities.

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.
 
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Fund Details

Distribution PolicyQuarterly, depending on the availability of realised income and/or realised gains and at The Manager’s discretion. 

The Manager has the discretion to distribute part or all of the Fund’s distributable income. The distribution (if any) may vary from period to period depending on the performance of the Fund.
 
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 from the date the application form is received and accepted by the Manager or Distributor from the first time investor. 

However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or distributor are not entitled to the cooling-off right. 
 
Minimum WithdrawalClass MYR: 5,000 units or such other amount as the Manager may from time to time decide. 

Class MYR-Hedged: 5,000 units or such other amount as the Manager may from time to time decide. 

Class USD: 5,000 units or such other amount as the Manager may from time to time decide. 
 
Launch Date11 January 2017
 

Fund Partner

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

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 Fund
*(Including local custodian fees and charges but excluding foreign sub-custodian fees and charges)
 
Switching Fees

Since 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 Fees of the Class and Application Fees 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

Class MYRClass MYR-HedgedClass USD
RM100RM100USD35


(or equivalent) administrative fee for every switch made out of any of the CIMB-Principal 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.