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 Aberystwyth
23 Years Industry Experience
 
Rina Izzati Raduan
MBA, International Islamic University Malaysia
15 Years Industry Experience
Sub-Investment Adviser





 
Patrick Chang, CFA
MSc Finance, City University Business School
26 Years Industry Experience
 
Wong Loke Chin
BCom, University of New South Wales
18 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.