The Fund aims to provide long term capital appreciation and income through Shariah-compliant investments that invests in the global markets within the target risk range of the Fund. The Fund will invest in a diversified mix of asset classes such as Shariah-compliant equities, Sukuk, Islamic gold ETF, Islamic money market instruments and Islamic Deposit. The asset allocation for the Fund is as follows: Up to 50% of the Fund’s NAV may be invested in Shariah-compliant equities; Up to 60% of the Fund’s NAV may be invested in Islamic debt securities; Up to 40% of the Fund’s NAV may be invested in Islamic money market instruments; Up to 30% of the Fund’s NAV will be invested in Islamic gold ETF; and at least 2% of the Fund’s NAV will be invested in Islamic Deposit.
Principal Islamic Global Selection Moderate USD
Latest Price NAV
USD
0.89
as of
12/Sep/23
Objective
Key Facts
Launch Date :
12/Jul/21
Asset Type :
Mixed AssetsBase Currency :
US DollarTotal Net Asset (USD M) :
2.77
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
1.06
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.
Principal Islamic Deposit Fund
19.64
%
2.
Principal Islamic Money Market Fund
19.61
%
3.
Principal Islamic Global Sukuk Fund
19.49
%
4.
Franklin Global Sukuk Fund
19.39
%
5.
iShares MSCI USA Islamic UCITS
9.85
%
6.
Principal Islamic Lifetime Sukuk Fund
7.62
%
7.
Principal Islamic Small Capopportunities Fund
2.57
%
Portfolio Composition
1.
Malaysia
68.94
%
2.
Luxembourg
19.39
%
3.
Ireland
9.85
%
4.
Cash
1.82
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.5
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
5
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/