The Fund aims to achieve moderate capital growth by investing in a portfolio of Shariah-compliant collective investment schemes that invest in Shariah compliant equities and/or Sukuk. The Fund aims to invest at least three (3) Islamic CIS investing predominantly in Shariah-compliant equities and/or Sukuk. In line with its objective, the investment policy and strategy of the Fund is to maintain a balanced portfolio between Islamic CIS investing predominantly in Shariah compliant equities and Islamic CIS investing predominantly in Sukuk. As a balanced fund, the Fund will invest between 40% to 60% of its NAV in Islamic CIS investing predominantly in Shariah-compliant equities as well as between 40% to 60% of its NAV in Islamic CIS investing predominantly in Sukuk.
Principal Islamic Balanced Wholesale Fund-of-Funds
Latest Price NAV
USD
0.22
as of
13/Sep/23
Objective
Key Facts
Launch Date :
24/Nov/17
Asset Type :
Mixed AssetsBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
1.29
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
0.78
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-5.03
5 Yrs Performance
-1.92
10 Yrs Performance
N.A
Top Holdings
1.
Principal Dali Equity Fund
49.34
%
2.
Principal Islamic Lifetime Sukuk Fund
24.13
%
3.
Principal Islamic Lifetime Enhanced sukuk Fund
24.12
%
Portfolio Composition
1.
Malaysia
97.58
%
2.
Cash
2.42
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.5
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/