Principal Global Opportunities Fund(DS)

Principal Global Opportunities Fund(DS)
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
31.22  (As on 29-11-2019)
52-week NAV low
23.73  (As on 28-12-2018)
Expense
1.43%  (As on 30-09-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 1.83 7.25 12.76 18.67 5.35 11.57 11.34 7.19 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Mar 19, 2004
Last Dividend
NA
Minimum Investment
10000

Principal Global Opportunities Fund - Annual Dividend Sweep is offered by Principal Mutual Fund. The company manages the assets of 4 lakh customers across India. It has empanelled distributors numbering 20,000 and investor centers numbering 102 across the country. It has a strong research-backed and disciplined investment approach that has been successful in creating appreciable wealth for its customers over the years. Its parent company, the Principal Financial Group, has been a trusted global leader in asset management for over 130 years.

The Principal Global Opportunities Fund - Annual Dividend Sweep is ideal for those looking to invest in foreign mutual fund schemes. It also provides good long-term capital appreciation.

Investment Objective of Principal Global Opportunities Fund - Annual Dividend Sweep

The investment objective of the Principal Global Opportunities Fund - Annual Dividend Sweep is to generate capital appreciation over the long term through investments in foreign mutual fund schemes as well as liquid/money market schemes of Principal Mutual Fund and money market securities.

Key Features of Principal Global Opportunities Fund

Some of the significant features of the Principal Global Opportunities Fund are as indicated in the table below:

Type of fund

This is an open-ended scheme that invests in Principal Global Investors Funds - Origin Global Smaller Companies Fund

Plans available

There are two plans available:

  1. Regular Plan
  2. Direct Plan

Options under each plan

Both the Regular and Direct plans offer the following options:

  1. Growth
  2. Dividend

The Dividend option, under both the Regular and Direct plans, has the following facilities:

  1. Payout
  2. Reinvestment
  3. Sweep

Risk

High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Regular Withdrawal Plan

Available

Investment Amount for Principal Global Opportunities Fund - Annual Dividend Sweep

Minimum application amount

Rs.10,000 and any amount subsequently

Minimum additional investment

Rs.1,000 and any amount subsequently

Minimum instalment for Systematic Investment Plan (SIP)

Six minimum instalments of Rs.2,000 each

Minimum instalment for Regular Withdrawal Plan (SWP)

Six minimum instalments of Rs.500 each

Entry Load

NA

Exit Load

1% - if redeemed one year before the allotment date

Asset Allocation for Principal Global Opportunities Fund - Annual Dividend Sweep

Instruments

Indicative Allocations

(Percentage of total assets)

Risk Profile

Minimum

Maximum

Foreign mutual fund scheme units

95

100

High

Units of Principal Mutual Fund debt schemes, units of liquid/money market schemes, money market securities

0

5

Low to medium

NAV Disclosure and Benchmark for Principal Global Opportunities Fund - Annual Dividend Sweep

NAV Calculation: The NAV is calculated by adding the market value of securities to the accrued income, receivables, and other assets, from which the accrued expenses, payables, and other liabilities are subtracted, and then dividing this by the number of outstanding units of the scheme or option. This is calculated to 4 decimals.

NAV Disclosure: The NAV is disclosed by the end of every business day within a one-day time lag.

Fund liquidity: Liquidity can be availed on all business days.

Benchmark Index: MSCI All Country World Small Cap Index

Principal Global Opportunities Fund - Annual Dividend Sweep Fund Manager

The fund manager is Mr. Rajat Jain. His tenure as fund manager is more than 14 years.

Why you should Invest in Principal Global Opportunities Fund - Annual Dividend Sweep

This is an excellent fund to invest in if you are not averse to high risk and want to grow your money appreciably. Since this fund invests in foreign mutual fund schemes, the possibility of higher returns is greater. The annual dividend sweep option allows you to reinvest the dividend amount into any other scheme within Principal Mutual Fund. This ensures that your money continues to grow. You can also choose to withdraw the money at any time without any exit load after 1 year of the allotment date. This liquidity is a great advantage if you are in need of funds at any point in time.

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