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.

 

The Fund is suitable for investors who have a low-risk tolerance level and may not be suitable for those who has no risk appetite. The price of units and distributions payable, if any, may go down as well as up.


Important Notice: Unit trust schemes are not protected by Perbadanan Insurans Deposit Malaysia (“PIDM”); and any money withdrawn from an insured deposit for the purpose of purchasing any units in a unit trust scheme is no longer protected by PIDM

 


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