Principal Islamic PRS Plus

Scheme Trustee: Deutsche Trustees Malaysia Berhad

Principal Islamic PRS Plus Conservative

*Please read the scheme’s disclosure document before deciding to make a contribution. If you do not have a copy, please contact the PRS Provider to ask for one or click here to go the PRS Provider’s page.

Investment
Objective		 The Fund seeks to provide Members with capital preservation* through investment primarily in sukuk.
*The Fund is neither a capital guaranteed fund nor a capital protected fund.
Fund Category Sukuk
Investment
Strategy		 The Fund aims to invest in a diversified portfolio of primarily Sukuk with some exposure in Shariah-compliant equities. The fixed income portion will provide capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The Fund may opt to invest in Sukuk, Islamic money market instruments and Shariah-compliant equities either directly or via Islamic CIS.

At least 80% of the Fund’s NAV will be invested in local and/or foreign Sukuk and Islamic money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in Islamic money market instruments, all of which have a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC or “BBB” or “A-2” by S&P or equivalent rating by any other international rating agencies. Notwithstanding, the Fund may also invest up to 5% of its NAV in unrated Sukuk. The investments in Shariah-compliant equities which include foreign exposure shall not exceed 20% of the Fund’s NAV.
Asset
Allocation
  • At least 80% of the Fund’s NAV will be invested in Sukuk and Islamic money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in Islamic money market instruments and up to 5% of the Fund’s NAV may be invested in unrated Sukuk;
  • Up to 20% of the Fund’s NAV may be invested in Shariah-compliant equities; and
  • Up to 5% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose.
Performance
Benchmark		 60% Quant shop GII Short Index + 20% CIMB Islamic 1-Year General Investment Account-i (GIA) + 20% FTSE Bursa Malaysia EMAS Shariah Index
Note: The Fund’s benchmark is for performance comparison purpose only. The risk profile of the Fund is not the same as the risk profile of the benchmark.
Member
Profile		 This Fund is suitable for Members who:
  • want a Shariah-compliant investment;
  • are risk averse; and/or
  • are seeking capital preservation.
Risks
Disclosure		 Stock Specific Risk, Credit and default risk, Interest rate risk, Country Risk, Currency Risk, Risks associated with investment in warrants/options, Risks associated with investment in CIS, Shariah non-compl
Back