Principal Asia Pacific Dynamic Income Fund (formerly known as CIMB-Principal Asia Pacific Dynamic Income Fund) - Class USD

General Information

The Fund aims to provide regular income by investing primarily in the Asia Pacific ex Japan region and at the same time aims to achieve capital appreciation over the medium to long term.

Fund is suitable for investors who : 

  • have a medium to long term investment horizon;
  • want a well-diversified portfolio of investments primarily in the Asia Pacific ex Japan
  • seek regular income; and/or
  • can accept that returns may fluctuate over the investment period.

Fund Details

Distribution Policy Depending on the level of income (if any) the respective Class generates, the Class aims to distribute part or all of its distributable income on a quarterly basis. The payment of distributions, if any, from the Fund will vary from period to period depending on interest rates, market conditions and the performance of the Fund. However, pursuant to the Deed, the Manager has the right to make provisions for reserves in respect of distribution of the Fund. If the distribution available is too small or insignificant, any distribution may not be of benefit to the Unit holders as the total cost to be incurred in any such distribution may be higher than the amount for distribution. The Manager has the discretion to decide on the amount to be distributed to the Unit holders.
Investment Time Horizon Medium to long term. In this context, “medium to long term” refers to a period of three (3) years and more.
Initial Investment Minimum USD1000 or such other amount as the Manager may from time to time decide.
Additional Investment Minimum USD100 or such other amount as the Manager may from time to time decide.
Cancellation off period

You have seven (7) calendar days from the date of subscription or purchase of Units (or such longer period as may be determined by the Manager or such other period as may be prescribed by the Authority)(“Cancellation Period”) by providing notice in writing to the Manager or its authorised agent or distributor.

However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or any authorised agent or distributor are not entitled to the cancellation right.

Redemption/Withdrawal 100 units or such other amount the Manager may from time to time decide
Launch Date 9 September 2015

Fund Partner