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Principal Global Opportunities Fund(DS)-Direct Plan

Principal Global Opportunities Fund(DS)-Direct Plan
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
33.05  (As on 19-09-2018)
52-week NAV low
24.35  (As on 28-12-2018)
Expense
1.36%  (As on 28-02-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 4.55 8.66 -1.57 -1.75 11.87 11.99 5.35 6.50 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Jan 03, 2013
Last Dividend
NA
Minimum Investment
10000

The Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan is suitable for investors who are looking for long-term capital generation through investments in various overseas mutual fund schemes. By opting for this open-ended scheme, unitholders will be able to benefit from the 2 investment plans available - the Direct Plan and the Regular Plan. Under both the plans, the fund offers 2 investment options, namely the Growth Option and the Dividend Option. Additionally, the Dividend Option is further sub-categorised into Dividend Sweep, Dividend Payout, and Dividend Reinvestment.

Investment Objective of Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan

The main investment objective of this mutual fund is to generate capital growth in the long run by investing in overseas mutual fund schemes. However, this scheme might also invest part of its net assets in money market securities and/or units of money market or liquid schemes that are offered by Principal Mutual Fund. This is done to meet the liquidity requirements of the scheme.

Key Features of Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan

Learn about some of the significant features of Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan by checking out the table mentioned below:

Type of fund

An open-ended fund of fund scheme that invests in the Principal Global Investors Funds - Origin Global Smaller Companies Fund

Plans available

  • Regular Plan
  • Direct Plan

Please note that both the plans mentioned above shall

have a common portfolio and separate NAVs.

Options under each plan

  • Growth Option
  • Dividend Option
    • Dividend Payout
    • Dividend Reinvestment
    • Dividend 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 - Direct Plan

In case you decide to invest in this scheme, you should be well-informed about the applicable investment amount that you might have to pay. To find out the charges levied under Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan, check out the details mentioned in the table below:

Minimum application amount

Rs.10,000 and subsequently any amount under each plan or option

Minimum additional investment

Rs.1,000 and any amount thereafter under each plan or option

Minimum installment for Systematic Investment Plan (SIP)

Rs.2,000 for a minimum of 6 installments

Minimum installment for Regular Withdrawal Plan (RWP)

Rs.500 for a minimum of 6 installments

Minimum installment for Systematic Transfer Plan (STP)

Rs.1,000 for a minimum of 6 installments

Entry Load

Not applicable

Exit Load

  • For redemptions and switch-outs on or before the completion of 1 year starting from the date of allotment of units - 1%
  • For redemptions and switch-outs after the completion of 1 year starting from the date of allotment of units - Nil

Asset Allocation for Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan

Instruments

Allocations (Percentage of total assets)

Risk Profile

Units of overseas mutual fund schemes (currently Principal Global Investors - Origin Global Smaller Companies Fund)

95% to 100%

High

Money market securities and/or units of money market or liquid and debt schemes of Principal

Mutual Fund

0% to 5%

Low to medium

It should be noted that the asset allocation pattern under this scheme might change without any prior indication based on the guidelines mentioned by the Securities and Exchange Board of India (SEBI). Such a change might be caused because of political and economic factors, change in market conditions and opportunities, and updates in the applicable regulations.

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

NAV - Under this investment plan, investors can sell or repurchase the units on an ongoing basis on every working day based on the chargeable exit load and the applicable Net Asset Value (NAV) of the units for that particular day. As per the SEBI Regulations, this scheme shall dispatch the redemption proceeds within 10 business days starting from the date of receiving the redemption request. Therefore, the AMC should calculate and disclose the NAV of the units of the mutual fund for every business day. Since this fund mainly invests in overseas mutual fund schemes, the NAV of this scheme will be based on the NAV of the associated underlying overseas schemes. The AMC shall declare the NAV for each day by 10:00 a.m. of the next business day owing to the time difference of the various time zones. Unitholders can get the details regarding the NAV of the scheme on any day by calling the office of the AMC or any of the Investor Service Centers situated at various locations across the country.

Benchmark Index - The benchmark followed by Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan is MSCI All Country World Small Cap Index. However, before you decide to invest in this scheme, you should be informed that the scheme reserves the right to change the benchmark and/or adopt a different one or more benchmarks in order to compare its performance while following the regulations outlined by SEBI.

Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan Fund Manager

The fund manager of Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan is Mr. Rajat Jain who has been handling this scheme since 29 March 2004. Mr. Jain employs his years of experience in the industry to provide his expert guidance to the investors who are planning to invest in this mutual fund. He helps unitholders select the right investment strategy based on their unique risk-taking capacities and specific investment goals.

Why You Should Invest in Principal Global Opportunities Fund - Annual Dividend Sweep - Direct Plan

  • Under this investment plan, investors can opt for the SIP, RWP, and STP facilities according to their convenience.
  • This mutual fund carries a high-risk factor, which also translates as high returns on the investments made.
  • This scheme allows the unitholders to sweep the dividend amount on an annual basis.
  • Investors will not be charged any exit load under this scheme if they redeem or switch out their units after the completion of 1 year starting from the date of the allotment of units.

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