Fund is investing primarily in a diversified portfolio of Shariah-compliant fixed income securities (Sukuk) issued by government, government-related entities such as their local authorities and public authorities, corporate or supranational entities located globally.Sukuk are certificates of equal value which evidence undivided ownership or investment in the underlying assets using Shariah principles. The sakk (singular of Sukuk) is freely traded at par, premium or discount. Commonly the term Sukuk is used for fixed income securities and debt securities which comply with Shariah principals financial instruments.
Global Sukuk Fund USD A Class Accumulation Shares
Latest Price NAV
USD
10.71
as of
13/Sep/23
Objective
Performance
3 Yrs Performance
-1.03
5 Yrs Performance
1.67
10 Yrs Performance
N.A
Top Holdings
1.
MALAYSIA WAKALA SUKUK BHD 28-APR-2031
9.21
%
2.
KSA SUKUK LTD 4.511% 22-MAY-2033
9.18
%
3.
TMS ISSUER SARL 23-AUG-2032
5.62
%
4.
STC SUKUK COMPANY LTD 3.89% 13-MAY-2029
5.52
%
5.
SAUDI ELECTRICITY SUKUK PROGRAMME CO 5.684% 11-APR
5.4
%
6.
PERUSAHAAN PENERBIT SURAT BERHARGA SYARIAH NEGARA
5.07
%
7.
DP WORLD CRESCENT LTD 3.7495% 30-JAN-2030
4.99
%
8.
SA GLOBAL SUKUK LTD 2.694% 17-JUN-2031
4.64
%
9.
KSA SUKUK LTD 17-MAY-2031
4.53
%
10.
MAF SUKUK LTD 3.9325% 28-FEB-2030
4.42
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
1
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/