The Fund aims to provide capital growth and income through investments in one Islamic collective investment scheme, which invests in a diversified portfolio of global assets. In order to achieve its objective, the Fund will invest at least 85% of its NAV in Islamic Global Multi-Asset Fund (the Target Fund); under Principal Islamic Asset Management (Ireland) plc. The Fund may also invest up to 15% of its NAV in Islamic liquid assets for liquidity purposes and Islamic derivatives for the sole purpose of hedging arrangement.
Principal Islamic Global Multi-Asset USD
Latest Price NAV
USD
1.00
as of
13/Sep/23
Objective
Key Facts
Launch Date :
3/Aug/23
Asset Type :
Mixed AssetsBase Currency :
US DollarTotal Net Asset (USD M) :
1.17
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Global
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.83
5 Yrs Performance
-2.16
10 Yrs Performance
0.78
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.8
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
5
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
1
Actual Charge :
N.A
Contact
Company Name:
Principal Asset
Website :
https://www.principal.com.my/