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 Aberystwyth
23 Years Industry Experience
 
Rina Izzati Raduan
MBA, International Islamic University Malaysia
15 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.