Principal Islamic Wholesale USD Money Market Fund
General Information
Principal Islamic Wholesale USD Money Market Fund is a Wholesale Fund issued by Principal Islamic Malaysia. The Fund seeks to provide liquidity and income by investing primarily in 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 USD-based 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 |
|
| Launch Date |
31 October 2018 |
| Fund Domicile |
Malaysia |
| Fund Index |
1-month CIMB Islamic’s Foreign Currency Fixed Return Income Account-i (FRIA-i) |
| Base Currency |
USD |
| Minimum Investment |
USD250,000 |
| Pricing |
Daily |
| Income Distribution |
Quarterly |
| Bloomberg Ticker |
[TBC] |
Fund Codes
| Fund |
ISIN Code |
Bloomberg Ticker |
|---|---|---|
| USD Wholesale Money Market Fund |
[TBC] |
[TBC] |
Fund Fees
| Fund Details |
USD Wholesale Money Market Fund |
| Management Fee |
Up to 0.15% per annum of the NAV of the Class. |
