Amendments to the Information of 40 open-end Funds
Principal Asset Management Company Limited (the "Asset Management Company") would like to notify you of the amendment to the information of 40 funds, which have been approved by the Securities and Exchange Commission (the “SEC”). Summary of the amendment is as follows.
1. Amending and Adding Classes of units, and amending the table of NAV calculation
- Electronic Class (Class E) is added to the Principal Daily Income Plus Fund (PRINCIPAL DPLUS)
- Electronic Class (Class E) and Exclusive Class (Class X) are added to the Principal Daily Income Fund (PRINCIPAL iDAILY)
- Amendments are made to the Principal Daily SET 50 Index Fund (PRINCIPAL SET50) and the Principal Value Plus Fund (PRINCIPAL VF), for change to Multiclass Fund by
- Existing unitholders of the PRINCIPAL SET50 fund will automatically become PRINCIPAL SET50-A unitholders.
- Existing unitholders of the PRINCIPAL VF fund will automatically become PRINCIPAL VF-A unitholders.
2. Amending and Adding the types of securities or assets in which funds can invest, and the portion of investments in other securities or assets so that they become the assets of mutual funds, for the Principal Daily SET 50 Index Fund (PRINCIPAL SET50)
3. Additions are made regarding auditors, effective from 11 February 2020 onwards, for the funds in the attached list
4. Amendments are made regarding benchmarks to be in accordance with investment strategies, effective from 11 February 2020 onwards