Advisory Suite · Fund HighlightsOctober 2, 2026
Fund Highlight · Income Strategy

Principal Nasdaq Equity Premium Income Fund

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.

NAV · Sep 2026
RM1.1637
MYR-Hedged class, per unit
Annualised Yield
~8.5%
Recent trailing distribution yield
Fund Size
RM1.46B
MYR-Hedged class AUM (Jan 2026)
Since Inception
+15.6%
Total return since Feb 2025

How It Works — the "Rental Income" Strategy

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.

StepWhat happens
1 · Buy Nasdaq stocksFund holds top US tech giants — Nvidia, Apple, Microsoft, Alphabet, Amazon, Meta, Tesla.
2 · Sell call optionsWrites monthly call options on those holdings, collecting option premium (the "rent").
3 · Pay monthly incomeOption premiums plus any dividends are distributed to investors every month.
In plain terms: Imagine you own a condo (Nasdaq stocks). Instead of only waiting for the price to go up, you also rent it out (sell options) and collect monthly rental income. You still own the condo — you just earn extra income from it every month.

Versus Fixed Deposit — annualised yield

Fixed Deposit
3.5%
12-month FD rate. Locked for one year, no growth potential. Safe but barely keeps pace with inflation.
This Fund · MYR-Hedged
~8.5%
Recent annualised distribution yield. Monthly payout plus Nasdaq growth exposure. Income is not guaranteed; NAV may fluctuate.

FD rate is indicative. Fund distributions are not guaranteed and the NAV may rise or fall.

Income Simulation — Monthly Cash Flow

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 InvestMonthly IncomeAnnual IncomeFD @ 3.5% (Monthly)vs FD
RM50,000~RM354~RM4,250RM1462.4x
RM100,000~RM708~RM8,500RM2922.4x
RM200,000~RM1,417~RM17,000RM5832.4x
RM500,000~RM3,542~RM42,500RM1,4582.4x

Distribution Track Record — MYR-Hedged

MonthFeb 26Jan 26Dec 25Nov 25Oct 25Sep 25Aug 25Jul 25
sen / unit0.820.740.750.740.750.790.760.67
Annualised yield8.94%7.82%8.00%8.06%8.06%8.66%8.57%7.54%

Eight consecutive monthly distributions — every single month since launch.

Top Holdings

Nvidia
9.40%
Apple
8.20%
Microsoft
7.50%
Alphabet
6.60%
Amazon
5.30%
Meta
4.20%
Tesla
3.80%
Broadcom
3.00%
Netflix
2.40%
AMD
2.10%

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).

Why MYR-Hedged Matters

MYR (Unhedged)
+3.33%
Since inception. Ringgit strengthening ate into the USD return. Fund size: RM100M.
MYR-Hedged
+15.64%
Since inception. Currency risk removed — a pure strategy return. Fund size: RM1,461M (roughly 14× more popular).

Smart money chose hedged — RM1.46 billion in the hedged class versus RM100 million in the unhedged class tells the story.

The Honest Trade-off

What You Get
  • ~8.5% annualised monthly income
  • Nasdaq exposure — top US technology names
  • Lower volatility than a pure Nasdaq fund
  • Monthly cash flow — "salary" from the portfolio
  • Currency protected (hedged class)
What You Give Up
  • Some upside capped during strong Nasdaq rallies
  • NAV can still drop — not capital guaranteed
  • Total fees ~1.58% (mgmt + trustee + target fund)
  • Up to 3% upfront sales charge
  • Relatively new fund — launched Feb 2025

Key Risks

Market riskNAV dropped roughly 12% in April 2025 during the tariff sell-off. It recovered, but drawdowns happen.
Capital not guaranteedUnlike FD, principal is not protected. You can lose money.
Income not guaranteedMonthly distributions may vary and are not promised; they depend on option premiums collected.
Capped upsideIf Nasdaq surges 30%, the fund may only capture 15–20% because of calls written against holdings.
Wholesale fundAvailable only to sophisticated investors, as defined by the Securities Commission Malaysia.

Fund Details

Fund Manager
Principal Asset Management Berhad
Target Fund
JPMorgan Nasdaq Equity Premium Income Active UCITS ETF
Target Fund AUM
USD 33.3 billion (JEPQ global)
Benchmark
NASDAQ 100 Total Return Index
Launch Date
21 February 2025
Minimum Investment
RM1,000 initial · RM100 additional
Sales Charge
Up to 3.00%
Annual Management Fee
Up to 1.20% p.a.
Trustee Fee
Up to 0.03% p.a.
Fund Type
Wholesale fund — sophisticated investors only
ISIN (MYR-H)
MYU0100B0293
Bloomberg
PRINEMH MK

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).