The Fund aims to maximize total return over the medium to long term through a combination of capital growth and income. The Fund is a feeder fund and it invests in a single Islamic collective investment scheme, i.e. Global Sukuk Fund managed by Principal Islamic Asset Management (Ireland) plc. Currently, the Fund invests in Class I USD Income of the Target Fund, which is an institutional share class denominated in USD. In order to achieve its investment objective, the Fund will invest at least 95% of its NAV in the Target Fund. The Fund will also maintain up to 5% of its NAV in Islamic liquid assets for liquidity purposes.
Principal Islamic Global Sukuk USD
Latest Price NAV
USD
0.23
as of
12/Sep/23
Objective
Performance
3 Yrs Performance
-2.61
5 Yrs Performance
N.A
10 Yrs Performance
N.A
Top Holdings
1.
Malaysia Wakala Sukuk 2031
9.7
%
2.
KSA Sukuk Ltd 2033
9.6
%
3.
TMS Issuer SARL 2032
5.9
%
4.
Saudi Telecom Co 2029
5.8
%
5.
Saudi Electricity Sukuk 2053
5.7
%
6.
Perusahaan Penerbit SBSN 2050
5.4
%
7.
DP World Crescent Ltd 2030
5.3
%
8.
SA Global Sukuk Ltd 2031
4.9
%
9.
KSA Sukuk Ltd 2031
4.8
%
10.
MAF Sukuk Ltd 2030
4.7
%
Portfolio Composition
1.
Saudi Arabia
41.3
%
2.
United Arab Emirates
21.1
%
3.
Malaysia
10.6
%
4.
Indonesia
10.1
%
5.
Cash
5
%
6.
Oman
4.7
%
7.
United States
3.7
%
8.
Bahrain
3.5
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1
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/