Principal China Trigger 6M1 Fund (PRINCIPAL CHTG6M1)

Dividend/Auto-Redemption History

Fund Details

Investors cannot redeem the investment units during first 6 months from the registration date, If there are negative factors affecting the investment, investors may be losing a lot of their money.

Fund Name (Short) PRINCIPAL CHTG6M1 Risk Level 4 (High Risk)
Inception Date 2 September 2022 (Tentative) Fund Type Mix Fund
Registered fund size 1,000 Million THB (Green shoe 15%) Foreign exchange rate According to the discretion of fund manager
Foreign Investment Yes Dividend Policy  None
Fund Tenor

Not specified.

However, the fund will be terminated if the fund's NAV meets the conditions:
(a) If the fund's NAV reaches the target of 10.75 baht; and
(b) The Management Company can collect sufficient cash or liquid instruments for automatic redemption of investment units to UH.

Investment Policy
  • The fund aims to achieve its targeted return by focus on investing in equity instruments. debt instrument, Hybrid instrument, Exchange Traded Fund (ETF), CIS, Property Fund, REITs, Infrastructure Fund, Deposits , Deposit equivalents and/or other securities or assets as prescribed or approved by the SEC that are listed on the stock exchange or having a core business in China and/or benefiting from economic growth including the instruments of China entrepreneurs listed on the stock exchanges of other countries. The fund will consider adjusting the investment ratio in each security from 0% to 100% of the mutual fund's NAV. The investment ratio is at the discretion of the fund manager and appropriate to the current situation.
Fund Manager
  • Supakorn Tulyathan
  • Witthaya Chancharuschote
  • Viriya Phokaisawan
  • Prapot Uancharoenkul
  • Thana Sheanakul

Purchase/ Redemption (1)

Subscription Period IPO Period Only, from bank business hours – 15.30
Minimum Subscription 1,000 THB
Redemption Period

Normal Redemption:  Unitholder cannot redeem the investment units during first 6 months from the registration date. After 6 months if fund’s NAV is not achieving the target, Unitholder can be redeemed every business day, from bank business hours - 15.00 pm. start from 2 March 2023 onwards. (Tentative)
However, if fund’s NAV achieves the target, the management company will automatically redeem to Unitholder. 

Auto Redemption: During 6 months from registration date, Unitholder cannot redeem the investment units. However, if fund’s NAV achieves the target, the management company will automatically redeem to Unitholder

Purchase/ Redemption (2)

 
  • The 1st time: if the fund's NAV reaches its target of 10.30, the management company will automatically redeem 0.30 to Unitholder (only 1 time).
  • The 2nd time: if the fund's NAV reaches the target of 10.65, the management company can collect enough cash or liquid instruments baht for auto-redemption of all investment units to Unitholder and terminate the fund
Minimum Redemption Not defined
Redemption Policy

Within 5 Business days from NAV calculation date (NAV announcement T+2, Payment T+6)
(CIMBT / SCB / KBANK / BAY / TTB / BBL / LHBANK/ KK)

Auto-Redemption Policy Within 5 Business days from NAV calculation of Automatic Redemption date.
The money from automatic redemption will be transferred to subscription in PRINCIPAL TREASURY or other methods specified by the management company.

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end fee Not exceed 2.14% (Currently 1.07%)
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 2.14% (Currently 1.605%)
Trustee Fee Not exceed 0.33% (Currently 0.0321%)
Registrar Fee Not exceed 0.54% (Currently 0.321%)

*Fee included VAT, Brokerage Fee excluded VAT.
*Note: During the first 6 months from the registration date, the management company will collect management fees and registrar fees per annum based on the fund's registered value, which will be recognized as fund expenses in full on the date of collection and will be collected from the fund within 90 days from the registration date.

In the event that there is no occurrence according to the conditions of fund termination within 6 months from the registration date, the management company will charge a management fee per annum of the fund’s NAV.

Distribution Channel

  • Principal TH Application
  • Bank of Ayudhya Public Company Limited
  • Phillip Life Co.,Ltd
  • Muang Thai Life Assurance PCL
  • Rabbit Care Broker Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • Krungthai XSpring Securities Co., Ltd.
  • KTB Securities (Thailand) Public Company Limited
  • Maybank Securities (Thailand) PLC
  • Merchant Partners Securities Public Company Limited
  • Asia Plus Securities Company Limited
  • Beyond Securities Public Company Limited
  • LH Securities Company Limited
  • Globlex Securities Company Limited
  • Capital Nomura Public Company Limited
  • SCB Securities Company Limited
  • IV Global Securities Public Company Limited
  • AIRA Securities Public Company Limited
  • Krungsri Securities Public Company Limited
  • KASIKORN Securities Public Company Limited
  • Pi Securities Public Company Limited
  • CGS-CIMB Securities (Thailand) Company Limited

Distribution Channel

  • Trinity Securities Group
  • Thanachart Securities Public Company Limited
  • Bualuang Securities Public Company Limited
  • Finansia Syrus Securities Public Company Limited
  • Finansa Securities Limited
  • Phillip Securities (Thailand) Public Company Limited
  • 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
  • SBI Thai Online Securities Co., Ltd
  • Merchant Partners Asset Management Company Limited
  • Asia Wealth Asset Management Company Limited
  • DBS Vickers Securities (Thailand) Company Limited
  • Wealth Republic Brokerage Securities Company Limited
  • Wealth Magic Company Limited
  • Robowealth Mutual Fund Brokerage Securities Co., Ltd
  • Ascend Wealth Co.,Ltd
  • Treasurist Mutual Fund Brokerage Securities Co.,Ltd
  • Pine Wealth Solution Securities Company Limited
  • ASL Securities Company Limited

Fund Performance