Principal Malaysia has officially launched the Principal Global Dynamic Income Fund aimed to deliver both income and capital growth by investing in a target fund that strategically allocates across a diversified range of assets and global markets to identify investment opportunities.
The approach it said enables investors to potentially reap attractive returns while navigating market volatility.
“Given the complexities of the macroeconomic and monetary policy landscape, including concerns over interest rates, our investments must dynamically seek opportunities to capture upside potential while mitigating downside risks. Therefore, an actively managed multi-asset strategy can help stabilise portfolio fluctuations, leading to more consistent income generation.
With the introduction of the Principal Global Dynamic Income Fund, investors can potentially enjoy an attractive income stream that aims to withstand market conditions and fluctuations, thereby enhancing their financial well-being,” said Principal, Chief Executive Officer of Malaysia and Global Shariah, Managing Director of Strategic Distribution & Institutional Client Relations (Southeast Asia & Global Shariah), Munirah Khairuddin.
The Fund, which feeds into the Schroder International Selection Fund Dynamic Income, is designed for investors with medium to long-term investment goals, those seeking a well-diversified global portfolio, and those interested in regular investment income.
HSBC Bank Malaysia Berhad (HSBC) has been appointed as the exclusive bank distributor for the Fund for a six-month period. The Principal Global Dynamic Income Fund offers five share classes: Class MYR, Class MYR-Hedged, Class SGD-Hedged, Class USD, and Class AUD-Hedged.
