Principal Islamic Wholesale Ringgit Malaysia Money Market Fund
General Information
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.
Fund Details
| Investment Manager |
|
|
Mohd Fadzil Mohamed
BSc (Hons), University of Aberystwyth23 Years Industry Experience Rina Izzati Raduan
MBA, International Islamic University Malaysia15 Years Industry Experience |
|
| Sub-Investment Adviser |
Patrick Chang, CFA
MSc Finance, City University Business School26 Years Industry Experience Wong Loke Chin
BCom, University of New South Wales18 Years Industry Experience |
| Launch Date | 31 October 2018 |
| Fund Domicile | Malaysia |
| Fund Index | 1-month CIMB Islamic’s Fixed Return Income Account-i (FRIA-i) |
| Base Currency | MYR |
| Minimum Investment | RM1,000,000 |
| Pricing | Daily |
| Income Distribution | Monthly |
| Bloomberg Ticker | [TBC] |
Fund Codes
| Fund | ISIN Code | Bloomberg Ticker |
|---|---|---|
| Ringgit Malaysia Wholesale Money Market Fund | [TBC] | [TBC] |
Fund Fees
| Fund Details | Ringgit Malaysia Wholesale Money Market Fund |
| Management Fee | Up to 0.25% per annum of the NAV of the Class. |
