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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;
  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 US Mortgage Fund - Class AUD-Hedged

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.6454
0.0007
0.11 %
0.6447
-0.0006
-0.09 %
0.6453
-0.0050
-0.77 %
0.6503
-0.0009
-0.14 %
0.6512
0.0003
0.05 %
0.6509
-0.0044
-0.67 %
0.6553
-0.0038
-0.58 %
0.6591
-0.0021
-0.32 %
0.6612
0.0007
0.11 %
0.6605
-0.0075
-1.12 %
0.6680
-0.0001
-0.01 %
0.6681
0.0013
0.19 %
0.6668
-0.0043
-0.64 %
0.6711
-0.0006
-0.09 %
0.6717
0.0066
0.99 %
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Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jun-2023 0.53 2.99
Mar-2023 0.31 1.74
Dec-2022 0.27 1.44
Sep-2022 0.33 1.80
Jun-2022 0.37 1.96
Mar-2022 0.34 1.60
Dec-2021 0.37 1.64
Sep-2021 0.36 1.60
Jun-2021 0.38 1.68
Mar-2021 0.57 2.44
Dec-2020 0.52 2.16
Sep-2020 0.53 2.20
Jun-2020 0.40 1.64
Mar-2020 0.76 3.16
Nov-2019 0.69 2.88

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 feeder fund which aims to maximise total return through investments in one collective investment scheme, which invests primarily in mortgage related securities in the US.

The Fund is suitable for investors who: 

  • have a medium to long-term investment horizon; and
  • seek to maximise total return whilst willing to accept moderate volatility associated with investments in mortgage related securities.

 

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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 InvestmentMinimum AUD 2,000 or such other amount as the Manager may decide from time to time.
Additional InvestmentMinimum AUD 1,000 or such other amount as the Manager may decide from time to time.
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 Withdrawal1,000 units or such other amount as the Manager may decide from time to time.
Launch Date8 March 2017

Fund Partner

  • Standard Chartered Bank (Malaysia) Berhad
  • Citibank 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 1.25% per annum of the NAV of the Class.
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 USD
AUD35


(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.