Principal Islamic PRS Plus

Scheme Trustee: Deutsche Trustees Malaysia Berhad

Principal Islamic PRS Plus Growth

*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 capital growth over the long-term by investing in a portfolio of primarily Shariah-compliant equities with some exposure in Sukuk.
Fund Category Mixed asset (Shariah-compliant)
Investment
Strategy		 The Fund will invest in a portfolio of mixed assets, primarily in Shariah-compliant equities with some exposure in Sukuk, to provide capital growth to the Fund. 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 and Shariah-compliant equities either directly or via Islamic CIS.

The investments by the Fund in Shariah-compliant equities which include foreign exposure may be up to 90% of the Fund’s NAV and investments in local and/or foreign Sukuk will be at least 10% of the Fund’s NAV with 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 10% of its NAV in unrated Sukuk.
Asset
Allocation
  • At least 10% of the Fund’s NAV will be invested in Sukuk;
  • Up to 10% of the Fund’s NAV may be invested in unrated Sukuk;
  • Up to 90% 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		 90% FTSE Bursa Malaysia EMAS Shariah Index + 10% Quant shop GII Short 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 seeking for capital appreciation;
  • are willing to accept volatility in the value of his/her investment; and/or
  • want a diversified portfolio of Shariah-compliant equities and Sukuk that may have some foreign exposure.
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-compliance risk
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