The Scheme comprises of a range of Islamic retirement funds, which Members may choose to invest based on their retirement needs, risk appetite and age profile.
The distribution if any may vary from period to period depending on the investment objective and the performance of the Fund.
The Fund has a specific focus on promoting environmental and social characteristics, particularly on carbon risk reduction and exclusion of companies or issuers from consideration for investment where their revenue is significantly derived from involvement in producing tobacco or the gambling sector.
Named the Principal Islamic Asia Pacific Dynamic Income and Growth Fund, it was launched on 2 February 2021.
The Fund is actively managed and invests principally in a diversified portfolio of equity related securities that are domiciled or with their core businesses in Association of Southeast Asian Nations ASEAN region.
Confident of its ability to provide good services through its highly capable investment team with global experience managing it, the company is offering the new fund in three share classes — Class MYR, Class SGD, and Class USD.