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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 US High Conviction Equity Fund - Class MYR

Fund Performance

As at date : 31-10-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal US High Conviction Equity Fund - Class MYR 5.15% 19.75% 0.00% 0.00% 17.01% 1.1701 11.19
Benchmark 5.04% 23.06% 0.00% 0.00% 15.30%
Benchmark : MSCI U.S Small Cap Index

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.2988
0.0220
1.72 %
1.2768
0.0183
1.45 %
1.2585
-0.0223
-1.74 %
1.2808
-0.0167
-1.29 %
1.2975
-0.0136
-1.04 %
1.3111
-0.0110
-0.83 %
1.3221
0.0360
2.80 %
1.2861
0.0081
0.63 %
1.2780
0.0107
0.84 %
1.2673
0.0712
5.95 %
1.1961
0.0141
1.19 %
1.1820
0.0026
0.22 %
1.1794
-0.0069
-0.58 %
1.1863
-0.0050
-0.42 %
1.1913
0.0070
0.59 %
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Income Distribution History

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 US High Conviction Equity Fund is an equity fund issued by Principal Malaysia. The Fund aims to achieve capital appreciation over the medium to long term through investments in United States of America equities. 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 capital guaranteed fund.

This Fund best suits you if you:

  • have a medium to long term investment horizon;

  • want to diversify your overall investment portfolio by including shares as an asset class, in particular, shares of US equity;

  • seek for capital appreciation over the long-term; and

  • can accept that investment returns may fluctuate significantly over the investment period.

Click here to learn more about Principal US High Conviction Equity Fund.

Download Documents

Fund Video

Fund Details

Distribution PolicyGiven the Fund's objective, the class of the Fund is not expected to pay any distribution. Distributions, if any, are at our discretion and will vary from period to period depending on the performance of the Fund.
 
Initial Investment*Non RSP: MYR 100* or such other amount as the Manager may decide from time to time.

RSP: MYR 100* or such other amount as we may decide from time to time.

* The minimum initial investment for EPF-MIS shall be MYR1,000.00 or such other amount as may be determined by EPF or as per the amount stated above, whichever is higher. Please note that there may be changes to the status of the eligibility of the Fund under the EPF-MIS from time to time. Please refer to our website at www.principal.com.my or www.kwsp.gov.my for updated information.
 
Additional InvestmentNon RSP: MYR 100* or such other amount as the Manager may decide from time to time.

RSP: MYR 100* or such other amount as we may decide from time to time.
 
Cooling off period

For first time individual investor investing with us, you have six (6) Business Days after your initial investment (i.e from the date the completed 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 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 the EPF-MIS, your cooling-off right is subject to EPF’s terms and conditions.
 

Minimum Withdrawal100 units or such other number of units as the Manager may decide from time to time.
 
Launch Date12 January 2022.
 

Fund Partner

  • Affin Bank Bhd

  • AmBank (M) Berhad

  • iFast Capital Sdn Bhd

  • Philip Mutual Berhad

  • RHB Bank 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.
 
Management FeesUp to 1.80% per annum of the NAV of the Class.
 
Trustee Fees

Before 27 October 2023,
Up to 0.06% per annum of the NAV of the Fund (including local custodian fees but excluding foreign sub-custodian fees and charges)

After 27 October 2023,
Up to 0.045% per annum (includes local custodian fee but excludes foreign sub-custodian fees and charges (if any)) of the NAV of the Fund.
 

Switching Fee

 

Switching is treated as a withdrawal from a Class and an investment into another class or Principal Malaysia’s fund (or its classes), you may 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 Principal Malaysia’s fund (or its classes). You will not be charged a Switching Fee if the Class or Principal Malaysia’s fund (or its classes) to be switched into has a lower Application Fee than the Application Fee of the Class. We may impose MYR 100 (or equivalent) administrative fee for every switch made out of any of the Principal Funds. You may negotiate to lower the Switching Fee and/or administrative fee. The Manager the discretion to waive the Switching Fee and/or administrative fees.
 
Transfer FeeA maximum of MYR 50 may be charged for each transfer.