The Fund aims to provide investors with liquidity and regular income, whilst maintaining capital stability by investing primarily in deposits that comply with the Shariah principles. The Fund seeks to achieve its objective by investing at least 95% of its NAV in Islamic Deposits, which have a remaining maturity period of less than 397 days. Up to 5% of its NAV may be maintained in cash. The investment policy is to invest in liquid and low risk short-term investments for capital preservation.
Principal Islamic Deposit AR
Latest Price NAV
USD
0.22
as of
13/Sep/23
Objective
Key Facts
Launch Date :
13/Aug/21
Asset Type :
Money MarketBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
807.65
Benchmark :
BNM Islamic Interbank Overnight Rate
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
0.32
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.31
5 Yrs Performance
0.13
10 Yrs Performance
-0.66
Top Holdings
1.
Maybank Islamic Bhd
6.41
%
2.
Al Rajhi Bank M Bhd
3.55
%
3.
Bank Islam Malaysia Bhd
3.55
%
4.
Maybank Islamic Bhd
2.95
%
5.
Public Islamic Bank Bhd
2.36
%
6.
Hong Leong Islamic Bank Bhd
2.36
%
7.
CIMB Islamic Bank
2.36
%
8.
RHB Islamic Bank Bhd
2.36
%
9.
Public Islamic Bank Bhd
2.25
%
10.
AmBank Islamic Bhd
2.2
%
Portfolio Composition
1.
Malaysia
99.49
%
2.
Cash
0.51
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.3
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 Asset
Website :
https://www.principal.com.my/