MYR-Hedged class. Nasdaq exposure plus monthly income from a covered-call strategy — "rental income" from the world's top technology names, paid every month.
The fund holds the Nasdaq giants — Nvidia, Apple, Microsoft, Alphabet, Amazon — and then sells monthly call options against those positions. The option premium is distributed to investors every month as income. You still own the underlying tech stocks; you're just collecting extra cash flow from them.
| Step | What happens |
|---|---|
| 1 · Buy Nasdaq stocks | Fund holds top US tech giants — Nvidia, Apple, Microsoft, Alphabet, Amazon, Meta, Tesla. |
| 2 · Sell call options | Writes monthly call options on those holdings, collecting option premium (the "rent"). |
| 3 · Pay monthly income | Option premiums plus any dividends are distributed to investors every month. |
FD rate is indicative. Fund distributions are not guaranteed and the NAV may rise or fall.
Based on the recent annualised yield of ~8.5% (MYR-Hedged class). Income is not guaranteed and may vary each month. Sales charge not factored in.
| You Invest | Monthly Income | Annual Income | FD @ 3.5% (Monthly) | vs FD |
|---|---|---|---|---|
| RM50,000 | ~RM354 | ~RM4,250 | RM146 | 2.4x |
| RM100,000 | ~RM708 | ~RM8,500 | RM292 | 2.4x |
| RM200,000 | ~RM1,417 | ~RM17,000 | RM583 | 2.4x |
| RM500,000 | ~RM3,542 | ~RM42,500 | RM1,458 | 2.4x |
| Month | Feb 26 | Jan 26 | Dec 25 | Nov 25 | Oct 25 | Sep 25 | Aug 25 | Jul 25 |
|---|---|---|---|---|---|---|---|---|
| sen / unit | 0.82 | 0.74 | 0.75 | 0.74 | 0.75 | 0.79 | 0.76 | 0.67 |
| Annualised yield | 8.94% | 7.82% | 8.00% | 8.06% | 8.06% | 8.66% | 8.57% | 7.54% |
Eight consecutive monthly distributions — every single month since launch.
Top 10 = 52.5% of portfolio. 52.2% in Information Technology. 97.8% United States. Exposure via JPMorgan Nasdaq Equity Premium Income Active UCITS ETF (JEPQ family).
Smart money chose hedged — RM1.46 billion in the hedged class versus RM100 million in the unhedged class tells the story.
| Market risk | NAV dropped roughly 12% in April 2025 during the tariff sell-off. It recovered, but drawdowns happen. |
| Capital not guaranteed | Unlike FD, principal is not protected. You can lose money. |
| Income not guaranteed | Monthly distributions may vary and are not promised; they depend on option premiums collected. |
| Capped upside | If Nasdaq surges 30%, the fund may only capture 15–20% because of calls written against holdings. |
| Wholesale fund | Available only to sophisticated investors, as defined by the Securities Commission Malaysia. |
This material is for discussion purposes only and does not constitute investment advice. Past performance is not indicative of future results. Unit prices and income distributions may rise or fall. Investors should read the Information Memorandum dated 21 February 2025 before investing. Principal Nasdaq Equity Premium Income Fund is a wholesale fund available only to sophisticated investors, as defined by the Securities Commission Malaysia. NAV as at 30 Sep 2026. Data sources: Principal Asset Management factsheet (Dec 2025), principal.com.my (Feb 2026).