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Principal Global Opportunities Fund(DR)

Principal Global Opportunities Fund(DR)
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
32.26  (As on 19-09-2018)
52-week NAV low
23.73  (As on 28-12-2018)
Expense
1.49%  (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 3.88 7.20 -1.98 -3.84 10.89 11.18 4.32 5.36 -
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 - Dividend Reinvestment Option is an open-ended fund of fund scheme that is ideal for investors who are looking for capital appreciation over the long run by investing in overseas mutual fund schemes. While this scheme carries both the Regular Plan and the Direct Plan, there are 2 investment options available under each - the Growth Option and the Dividend Option. The Dividend Option can be further sub-categorised as Dividend Payout, Dividend Reinvestment, and Dividend Sweep.

Investment Objective of Principal Global Opportunities Fund - Dividend Reinvestment Option

The primary objective of this scheme is to generate long-term capital growth through investments in overseas mutual fund schemes. However, part of the net assets under this mutual fund is also invested in money market securities and/or units of money market or liquid schemes offered by Principal Mutual Fund in order to meet the liquidity requirements of the scheme.

Key Features of Principal Global Opportunities Fund - Dividend Reinvestment Option

The Principal Global Opportunities Fund - Dividend Reinvestment Option fund has several features that make it one of the best investment options available in the market. Some of the significant features of the mutual fund are indicated in the table mentioned below:

Type of fund

An open-ended fund of fund scheme that invests in 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 - Dividend Reinvestment Option

See the table mentioned below to learn about the different investment amounts that are applicable to the Principal Global Opportunities Fund - Dividend Reinvestment Option scheme:

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 - Dividend Reinvestment Option

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

Please note that according to the guidelines mentioned by Securities and Exchange Board of India (SEBI), the asset allocation pattern might change without any prior indication depending on the market conditions, applicable regulations, political and economic factors, and market opportunities.

NAV Disclosure and Benchmark for Principal Global Opportunities Fund - Dividend Reinvestment Option

NAV - The units of this scheme can be sold and repurchased on an ongoing basis on all working days based on the applicable Net Asset Value (NAV) of the units on that particular day and the exit load charged. According to the SEBI Regulations, this fund should dispatch the redemption proceeds within 10 business days starting from the date the redemption request is received. Therefore, the NAVs of the mutual fund should be calculated by the asset management company (AMC) for every business day. Since this fund primarily 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.

Benchmark Index - The benchmark followed by Principal Global Opportunities Fund - Dividend Reinvestment Option is MSCI All Country World Small Cap Index. However, it should be noted 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 - Dividend Reinvestment Option Fund Manager

The fund manager of Principal Global Opportunities Fund - Dividend Reinvestment Option is Mr. Rajat Jain who has been managing this scheme since 29 March 2004. Mr. Jain provides his expert guidance to the investors who are planning to invest in this mutual fund in order to help them 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 - Dividend Reinvestment Option

  • Even though this mutual fund carries a high-risk factor, it offers high returns on the investments made as well.
  • Customers can avail the SIP, RWP, and STP facilities available under this scheme as per their convenience.
  • This investment plan does not levy any exit load on unitholders who are planning to redeem or switch out their units after the completion of 1 year starting from the date of unit allotment.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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