Principal Vietnam Equity Fund USD (PRINCIPAL VNEQ-USD)

Dividend/Auto-Redemption History

Fund Details

Currently, USD Class is only available to investors who are foreign funds.    

Fund Name (short)PRINCIPAL VNEQ-USDRisk Level6 (High Risk)
Fund TypeEquity FundInception DateOctober 16, 2017
  Class USD Inception DateMay 3, 2024
Registered fund size10,000 Million THBForeign Investment PolicyYes
Dividend PolicyNoneFX Hedging PolicyAccording to the discretion of fund manager

Investment Policy 

 

 

 

The fund has a policy to invest in equity instruments listed on the stock exchange or have a core business in Vietnam that is believed to have potential for future growth including any other equity instruments that are involved in the business and/or benefiting from economic growth or assets mainly from the economic growth of such country and/or equity instruments of Vietnamese entrepreneurs registered in other countries and/or other mutual funds that have a policy of investing in equity instruments and/or foreign equity ETF focused on investment in equity instruments in Vietnam for the average in the fiscal year that is not less than 80% of the net asset value of the fund.

Fund Manager

 

 

  • Supakorn Tulyathan
  • Chatree Meechaijaroenyin
  • Punyanoot Punyaratabandhu 
  • Sittikarn Pongpatanasuksa
  • Supree Suvaphan
  • Pathompong Ruangkanaruk

Purchase/ Redemption

Subscription Period

 
USD Class (VNEQ-USD):
Every trading day, investment unit orders must be submitted one trading day in advance from the start of business hours to 3:30 p.m.
Minimum Subscription30 USD
Redemption PeriodEvery trading day from the start of bank business hours until 12:00 p.m.
Minimum RedemptionNot defined
Redemption PolicyWithin 5 trading days (NAV Announcement T+1, Settlement T+5)

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end fee Not exceed 2.14% (Waived)
Back-end feeNot exceed 1.07% (Waived)
Switching FeeAccording to the conditions of sale and redemption of investment units
Brokerage FeeNot exceed 0.54% (Waived)
Fund Fee (% of NAV)*
Management FeeNot exceed 1.61% (Currently 0.36%)
Trustee FeeNot exceed 0.33% (Currently 0.128%)
Registrar FeeNot exceed 0.65% (Currently 0.535%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

Principal Asset Management Berhad 
Link : https://www.principal.com.my/en/Principal%20Vietnam%20Equity%20Fund 

 

Fund Performance

Date as of:
As at date :
Fund Year To Date Performance (%) 3M (%) 6M (%) 1Year (% p.a.)* 3Year (% p.a.)* 5Year (% p.a.)* 10Year (% p.a.)* Since Inception (% p.a.) * NAV (THB) Fund size (THB Million)
Principal Vietnam Equity Fund USD (PRINCIPAL VNEQ-USD) 8.41 % 8.67 % 0.4086 1.73
Benchmark: 4.41 % 1.03 %
Benchmark :
TFVTTU Index 100%
Standard Deviation Performance 14.56 % 14.62 %
Standard Deviation Benchmark 15.96 % 15.40 %