Principal Strategic Global Growth Fund - Class USD

Fund Performance

As at date : 28-02-2025
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (USD) Fund Size (million)
Principal Strategic Global Growth Fund - Class USD 1.11% 0.00% 0.00% 0.00% 0.89% 1.0089 9.71
Benchmark 2.25% 0.00% 0.00% 0.00% 0.58%
Benchmark : Blend Bloomberg BC Glb Aggre/MSCI AC World (70:30)

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.0078
0.0060
0.60 %
1.0018
0.0010
0.10 %
1.0008
0.0143
1.45 %
0.9865
0.0033
0.34 %
0.9832
-0.0018
-0.18 %
0.9850
-0.0120
-1.20 %
0.9970
-0.0008
-0.08 %
0.9978
-0.0010
-0.10 %
0.9988
-0.0086
-0.85 %
1.0074
0.0050
0.50 %
1.0024
0.0065
0.65 %
0.9959
-0.0019
-0.19 %
0.9978
-0.0019
-0.19 %
0.9997
-0.0072
-0.72 %
1.0069
-0.0072
-0.71 %
* this indicates mid-day price
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General Information

The Fund is a wholesale fund issued by Principal Malaysia.

The Fund aims to provide long term capital appreciation and income through investments that invests in the global markets. 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 nor a capital guaranteed fund.

The Fund best suits you if you:

  • have a medium to long term investment horizon;
  • want a well-diversified portfolio globally; and/or
  • can accept that returns may fluctuate over the investment period.
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Fund Details

Distribution Policy

Depending on market conditions, performance of the Fund and level of income (if any) that the Fund generates, the Class will distribute on an annual basis. If the distribution available is too small or insignificant, any distribution may not be of benefit to the Unit holders 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 the Unit holders.

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.

 

Initial Investment

Minimum USD 1,000 or such other amount as the Manager may decide from time to time.

 

Additional Investment

Minimum USD 100 or such other amount as the Manager may decide from time to time.

 

Cooling-off period

Individual Sophisticated Investors have six (6) Business Days after your initial investment (i.e. the date the complete application is received and accepted by us or 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 to you in the currency of the respective Class within seven (7) Business days from the date we receive the completed 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 or a person registered with a body approved by the SC to deal in unit trust funds are not entitled to the cooling-off right.

 

Minimum Withdrawal

100 units or such other number of units as we may decide from time to time.

 

Minimum Balance

100 units or such other number of units as we may decide from time to time.

 

Launch Date

22/08/2024

 

Fund Partner

  • Principal's Distributors

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

 

Fund Fees

Application Fees*Up to 3.00% of the NAV per unit.    
 
Annual FeesManagement Fee: Up to 1.50% per annum of the NAV of the Class.    

Trustee Fee:
Up to 0.045% 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, we may impose USD35 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.
 
Transfer FeesUSD15 may be charged for each transfer.