Principal Asia Pacific Equity Fund (PRINCIPAL APEQ)

Dividend/Auto-Redemption History

Period XD Dividend/Auto-Redemption Payment (Baht/Unit)
28 0.100
27 0.100
26 0.290
25 1.140
24 0.750
23 1.230
22 0.100
21 0.100
20 0.750
19 0.240
18 0.100
17 0.310
16 0.100
15 0.100
14 0.340

Fund Details

Fund Name (short) PRINCIPAL APEQ Risk Level 6 (High Risk)
Inception Date 31 July 2014 Fund Type  Equity Fund, Feeder Fund
Registered fund size 5,000 Million THB Foreign Investment Policy Yes
Dividend Policy None Foreign exchange rate According to the discretion of fund manager
Investment Policy 
  • The fund has a policy to invest in the investment units only of Principal Asia Pacific Dynamic Income Fund (the Master Fund) registered in Malaysia. The Master Fund has a policy of aiming to manage the return of the fund to be stable and positive from investment in the Asia-Pacific region (except Japan). The master fund will invest in a company established, registered, and/or operated mainly in the Asia-Pacific region (Except Japan). In the part of listed companies, there must be a trade in foreign country that is a member of WFE as well. The master fund will invest in stocks with high dividend payouts and attractive return with consistent dividend payment and with high growth trend when compared to the overall market. In addition, the Master fund may invest in companies that have good growth potential and the fund manager foresees the good dividend payment/return in the future.
     
  • However, in the event that the equity market is volatile or when the situation is not suitable for investment in equity instruments such as political changes, etc., the fund may also invest up to 20% of the Fund’s NAV in debt securities to be in line with the Fund’s objective. The Fund’s investments in debt securities will generally be restricted to debt securities with a minimum credit rating of “BBB” by an international rating agency as prescribed under the Standard of Qualifying CIS or its equivalent rating by other international rating agencies. The Fund may also opt to access into the equities and/or debt securities market via the investment in units of other CIS that is in line with the Fund’s objectives, subject to the requirements of the SC Guidelines and the Standards of Qualifying CIS.
     
  • The asset allocation strategy for this Fund is as follows:
        - between 60% to 98% (both inclusive) of the Fund’s NAV will be invested in equities;
        - up to 20% of the Fund’s NAV may be invested in debt securities
        - up to 20% of the Fund’s NAV may be invested in units of other CIS that is in line with the Fund’s objectives; an
        - at least 2% of its NAV will be invested in liquid assets for liquidity purpose.
     
  • The fund will invest in or hold investment units of Principal Asia Pacific Dynamic Income Fund, registered in Malaysia, on an average of not less than 80% of the net asset value of the fund which will result in net exposure in the CIS unit of such master fund which has the average in the fiscal year that is not less than 80% of the net asset value of the fund and the fund will invest in foreign average not less than 80% of net asset value of the fund.
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote
  • Viriya Phokaisawan
  • Waroon Saptaweekul
  • Prapot Uancharoenkul
  • Thana Sheanakul

Purchase/ Redemption

Subscription Period Every business day from bank business hours to 3.30 pm
Minimum Subscription 1,000 THB
Redemption Period Every business day from bank business hours to 3.00 pm
Minimum Redemption Not defined
Redemption Policy Normal Redemption
Within 5 business days from NAV calculation date (NAV announce T+2)
(Settlement T+6, CIMBT at 11.30 a.m., SCB/ KBANK/ BAY/ ttb/ BBL/ LHBANK/ KK at 1.00 p.m.)
Auto-Redemption
Not more than 12 times/year according to the discretion of management company by transfer the money to unitholder’s account within 5 business days from NAV calculation date

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end fee Not exceed 2.14% (Currently 1.50%)
Back-end fee Not exceed 1.07% (Waived)
Switching fee According to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management Fee Not exceed 1.61% (Currently 1.607%)
Trustee Fee Not exceed 0.11% (Currently 0.032%)
Registrar Fee Not exceed 0.75% (Currently 0.536%)

Distribution Channel

  • TMBThanachart Bank Public Company Limited

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 Asia Pacific Equity Fund (PRINCIPAL APEQ) -0.86 % -1.96 % -6.25 % -0.86 % 10.36 % 8.95 % 5.73 % 15.1268 31.02
Benchmark : 1.88 % -2.10 % -7.83 % 1.88 % 11.94 % 8.40 % 4.62 %
Benchmark :
M1APJ Index (THB) 50% + M1APJ Index adjusted with FX hedging cost 50%