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 asset allocation for the Fund is as follows: Up to 40% of the Fund’s NAV may be invested in Shariah-compliant equities; Up to 60% of the Fund’s NAV may be invested in Sukuk; Up to 60% of the Fund’s NAV may be invested in Islamic money market instruments; Up to 20% of the Fund’s NAV may be invested in Islamic gold ETF; and at least 2% of its NAV will be invested in Islamic Deposit.
Principal Islamic Global Selection Mdt Csv USD
Latest Price NAV
USD
0.94
as of
12/Sep/23
Objective
Key Facts
Launch Date :
12/Jul/21
Asset Type :
Mixed AssetsBase Currency :
US DollarTotal Net Asset (USD M) :
1.76
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
1
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 Money Market Fund
19.77
%
2.
Principal Islamic Deposit Fund
19.74
%
3.
Principal Islamic Global Sukuk Fund
19.73
%
4.
Franklin Global Sukuk Fund
19.53
%
5.
Principal Islamic Lifetime Sukuk Fund
9.85
%
6.
iShares MSCI USA Islamic UCITS
9.68
%
Portfolio Composition
1.
Malaysia
69.1
%
2.
Luxembourg
19.53
%
3.
Ireland
9.68
%
4.
Cash
1.69
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.3
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/