Principal China Equity Fund A (PRINCIPAL CHEQ-A)

Dividend/Auto-Redemption History

Fund Details

Fund Name (Short)PRINCIPAL CHEQ-ARisk Level6 (High Risk)
Inception Date13 September 2018Fund Type Equity Fund, Fund of Funds
Registered fund size3,000 Million THBForeign Investment PolicyYes
Dividend PolicyNoneForeign exchange rateAccording to the discretion of fund manager
Investment Policy 
  • The Fund has the policy to invest in, or hold, units in the share class of C (acc) - USD of only one foreign mutual fund: the Schroder International Selection Fund All China Equity, the primary fund, on average for the proportion of at least 80 percent of the net asset value of the feeder fund in a fiscal year. The Master Fund is managed by Schroder Investment Management (Europe) S.A., which is incorporated in Luxembourg, in compliance with the principles of UCITS. The Master Fund has an active management style, and primarily invests at least two-thirds in equity instruments, and securities relevant to the equity instruments, of Chinese companies. The Master Fund may invest directly in China B Shares and China H Shares, and may invest directly and indirectly up to 70 percent of its net asset value in China A Shares.
    *The fund has been changed to Feeder Fund from 6 Dec 2022 onwards 
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote
  • Viriya Phokaisawan

Purchase/ Redemption

Subscription PeriodEvery business day from bank business hours to 3.30 pm
Minimum Subscription1,000 THB
Redemption PeriodEvery business day from bank business hours to 3.00 pm
Minimum RedemptionNot defined
Redemption PolicyWithin 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.)

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end feeNot exceed 2.14% (Currently 1.50%)
Back-end feeNot exceed 1.07% (Waived)
Switching FeeAccording to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management FeeNot exceed 2.14% (Currently 1.607%)
Trustee FeeNot exceed 0.33% (Currently 0.032%)
Registrar FeeNot exceed 0.54% (Currently 0.321%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • TISCO Bank Public Company Limited
  • Muang Thai Life Assurance PCL
  • Phillip Life Assurance Public Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • Krungthai XSpring Securities Co., Ltd.
  • DAOL Securities (Thailand) Public Company Limited
  • Maybank Securities (Thailand) PLC
  • Asia Plus Securities Company Limited
  • Krungsri Capital Securities Public Company Limited
  • InnovestX Securities Company Limited
  • Krungsri Securities Public Company Limited
  • KASIKORN Securities Public Company Limited
  • Pi Securities Public Company Limited
  • CGS-CIMB Securities (Thailand) Company Limited
  • Thanachart Securities Public Company Limited
  • Bualuang Securities Public Company Limited
  • Finansia Syrus Securities Public Company Limited
  • Phillip Securities (Thailand) Public Company Limited

Distribution Channel

  • Kiatnakin Phatra Securities Public Company Limited
  • UOB KayHian Securities (Thailand) Public Company Limited
  • Yuanta Securities (Thailand) Company Limited
  • Siam Wealth Securities Company Limited
  • RHB Securities Thailand
  • Just Asset Management Company Limited
  • XSpring Asset Management Company Limited
  • DBS Vickers Securities (Thailand) Company Limited
  • Wealth Republic Brokerage Securities Company Limited
  • Wealth Magik Mutual Fund Brokerage Company Limited
  • Robowealth Mutual Fund Brokerage Securities Co., Ltd
  • Finnomena
  • Ascend Wealth Co.,Ltd
  • Treasurist Mutual Fund Brokerage Securities Co.,Ltd
  • Pine Wealth Solution Securities Company Limited
  • ASL Securities Company Limited
  • KKP Dime Securities Company Limited
  • Wealth Concept Mutual Fund Brokerage Securities Co., Ltd.
  • TISCO Securities 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 China Equity Fund A (PRINCIPAL CHEQ-A) -12.82 % -16.18 % -28.96 % -39.10 % -27.97 % -10.31 % -10.37 % 5.5459 553.56
Benchmark: -9.17 % -10.73 % -23.42 % -29.56 % -15.58 % 0.62 % -1.10 %
Benchmark :
MXCNANM index adjusted with FX hedging cost 85% + MXCNANM index (THB) 15%
Standard Deviation Performance 27.81 % 21.53 % 21.43 % 21.29 % 23.67 % 22.50 % 22.48 %
Standard Deviation Benchmark 23.23 % 19.84 % 19.05 % 19.59 % 20.64 % 22.10 % 22.56 %