Principal Islamic Lifetime Sukuk Fund

Principal Islamic Lifetime Sukuk Fund

The Principal Islamic Asia Pacific Lifetime Sukuk Fund is a conservative income fund that invests in a diversified portfolio of Islamic fixed income securities in Malaysia and may invest up to 30% of its NAV in foreign markets. The funds objective is to deliver higher than average income over the medium to long-term by investing in a diversified portfolio consisting principally of Sukuk, certificates of deposit, short-term money market instruments and other permissible Shariah compliant investments.

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