The Fund aims to gain higher than average income over the medium to long-term by investing in a diversified portfolio consisting principally of Sukuk, certificates of deposit, short-term money market instruments and other permissible investments under the Shariah principles. A minimum of 70% and up to a maximum of 98% of its NAV may be invested in Sukuk carrying at least a BBB3 or P2 rating by RAM or equivalent rating by MARC or by local rating agency(ies) of the country of issuance; or BBB- by S&P or equivalent rating by any other international rating agencies.
Principal Islamic Lifetime Sukuk
Latest Price NAV
USD
0.27
as of
13/Sep/23
Objective
Key Facts
Launch Date :
8/Oct/04
Asset Type :
BondBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
161.68
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.02
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.46
5 Yrs Performance
1.70
10 Yrs Performance
0.67
Top Holdings
1.
DRB-Hicom Bhd
4.47
%
2.
Mah Sing Group Bhd
4.03
%
3.
MMC Corporation Berhad
2.48
%
4.
UEM Sunrise Bhd
1.98
%
5.
Tenaga Nasional Bhd
1.86
%
6.
YTL Power International Bhd
1.75
%
7.
Imtiaz Sukuk Ii Berhad
1.62
%
8.
Government Investment Issues
1.41
%
9.
GII Murabahah
1.41
%
10.
GII Murabahah
1.4
%
Portfolio Composition
1.
Malaysia
95.59
%
2.
Cash
4.41
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.95
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
2
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/