Principal Islamic Wholesale Ringgit Malaysia Money Market Fund
Principal Islamic Wholesale Ringgit Malaysia Money Market Fund is a Wholesale Fund issued by Principal Islamic Malaysia. The Fund seeks to provide liquidity and income by investing primarily in local money market instruments and deposits that conform to Shariah principles.
This is neither a capital protected fund nor a capital guaranteed fund .
The Fund best suits you if you:
- are a Sophisticated Investor;
- prefer a lower level of investment risk and tolerance;
- are seeking Shariah-compliant investments; and
- have an investment horizon of one (1) year or less.
Mohd Fadzil MohamedBSc (Hons), University of Aberystwyth
23 Years Industry Experience
Rina Izzati RaduanMBA, International Islamic University Malaysia
15 Years Industry Experience
Patrick Chang, CFAMSc Finance, City University Business School
26 Years Industry Experience
Wong Loke ChinBCom, University of New South Wales
18 Years Industry Experience
|Launch Date||31 October 2018|
|Fund Index||1-month CIMB Islamic’s Fixed Return Income Account-i (FRIA-i)|
|Fund||ISIN Code||Bloomberg Ticker|
|Ringgit Malaysia Wholesale Money Market Fund||[TBC]||[TBC]|
|Fund Details||Ringgit Malaysia Wholesale Money Market Fund|
|Management Fee||Up to 0.25% per annum of the NAV of the Class.|