The objective of the Fund is to seek to provide a return through a combination of capital growth and income over the medium to long term, following Shariah investment principles. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of global Shariah-compliant instruments including equities and equity related securities, Shariah-compliant fixed income securities (Sukuk) and money market instruments.
Islamic Global Multi-Asset Fund USD A Class Acc
Latest Price NAV
USD
9.80
as of
13/Sep/23
Objective
Key Facts
Launch Date :
24/Mar/21
Asset Type :
Mixed AssetsBase Currency :
US DollarTotal Net Asset (USD M) :
19.53
Benchmark :
Index is not provided by Management Company
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
1.93
Geographical Focus :
Global
Shariah Compliant
Shariah
Performance
3 Yrs Performance
N.A
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
KSA SUKUK LTD 4.511% 22-MAY-2033
5.3
%
2.
MICROSOFT CORP ORD
5.23
%
3.
USD CASH
3.69
%
4.
MALAYSIA WAKALA SUKUK BHD 28-APR-2031
3.46
%
5.
AIR LEASE CORPORATION SUKUK LTD 01-APR-2028
2.75
%
6.
MAZOON ASSETS COMPANY SAOC 5.2% 08-NOV-2027
2.67
%
7.
DP WORLD CRESCENT LTD 3.7495% 30-JAN-2030
2.5
%
8.
PERUSAHAAN PENERBIT SURAT BERHARGA SYARIAH NEGARA
2.14
%
9.
TMS ISSUER SARL 23-AUG-2032
1.97
%
10.
STC SUKUK COMPANY LTD 3.89% 13-MAY-2029
1.56
%
Portfolio Composition
1.
UNITED STATES
35.1
%
2.
CAYMAN ISLANDS
23.52
%
3.
OMAN
5.35
%
4.
UNITED KINGDOM
5.04
%
5.
MALAYSIA
4.47
%
6.
FRANCE
3.26
%
7.
CANADA
2.74
%
8.
IRELAND
2.7
%
9.
NETHERLANDS
2.46
%
10.
SWITZERLAND
2.19
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Principal
Website :
https://www.principalislamic.com/