The Fund aims to earn reasonable returns for investors by investing in approved equities listed on Bursa Malaysia as well as unlisted securities and other non-interest bearing assets acceptable under Shariah principles. The Fund may invest a minimum of 70% and up to a maximum of 98% of its NAV in local Shariah-compliant equities. The Fund may also invest up to 28% of its NAV in other permissible Shariah-compliant investments. As an aggressive Fund, the Fund will be managed with higher beta and tracking error. The investment policy and strategy of the Fund will be to invest in Shariah compliant stocks which are selected based on their future growth prospects.
Principal Islamic Enhanced Opportunities
Latest Price NAV
USD
0.14
as of
13/Sep/23
Objective
Key Facts
Launch Date :
15/Jun/95
Asset Type :
EquityBase Currency :
Malaysian RinggitTotal Net Asset (USD M) :
25.67
Benchmark :
FTSE Bursa Malaysia Emas Shariah CR
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.61
Geographical Focus :
Malaysia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-3.65
5 Yrs Performance
-2.93
10 Yrs Performance
-1.19
Top Holdings
1.
Tenaga Nasional Bhd
8.36
%
2.
Nationgate Holdings Bhd
6.57
%
3.
Hartalega Holdings Bhd
5.64
%
4.
Press Metal Aluminium Holdings Bhd
4.83
%
5.
QL Resources Bhd
4.76
%
6.
Genetec Technology Bhd
4.34
%
7.
Telekom Malaysia Bhd
4
%
8.
Itmax System Bhd
3.92
%
9.
Misc Bhd
3.55
%
10.
MyEG Services Bhd
2.72
%
Portfolio Composition
1.
Malaysia
90.81
%
2.
Cash
9.19
%
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/