Principal Daily Fixed Income Fund (PRINCIPAL DAILY FIX)
Fund Details
| Fund Name (Short) | PRINCIPAL DAILY FIX |
| Risk Level | 4 (Low to Moderate Risk) |
| Fund Type | Fixed Income Fund |
| Inception Date | 1 March 2007 |
| Registered fund size | 8,000 Million THB |
| Foreign Investment Policy | None |
| Foreign exchange rate | None |
| Dividend Policy | None |
| Benchmark | GovBond NTR Index 50.00% + MTMCorpBBBup NTR Index 50.00% |
| Fund Manager | Win Phromphaet Chanaikan Swadirurk Wasuchon Saikaew Piyasak Duangbunditkun |
| Investment Policy | Fixed income funds that have a policy to invest in or hold quality debt instruments in both public and private sectors having the ability to pay interest and repay principal, deposits, or other securities or assets, or any other investments and means of generating return as permitted or approved by SEC |
| Risk Involve | 1. Credit Risk 2. Market Risk 3. Liquidity Risk |
Investing in Investment Units is not a deposit and there is a risk of investment, Investors may receive more or less return investment than the initial investment. Therefore, investors should invest in this fund when seeing that investing in this fund suitable for investment objectives of investors and investors accept the risk that may arise from the investment. /In an unusual situation unitholder may not be able to redeem the investment units or may receive the redemption money later than the period that specified in the prospectus. /Investors should study the information in the prospectus to understand and should keep the prospectus as information for future reference and when in doubt, please contact the selling agent before investing. /Investors should understand product characteristics (mutual funds), conditions of return and risk before making an investment decision
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 |
| Minimum Balance | Not defined |
| Redemption Policy | Within 5 business days (Currently T+1) for bank account CIMBT / SCB / KBANK / BAY / TMB / BBL/ LHBANK/ KK/ TBANK only |
Fee & Charges
Fees to Unitholder (% of Trading Value)*
| Front-end fee | Not more than 0.27% (Waived) |
| Back-end fee | Not more than 0.27% (Waived) |
| Switching Fee | According to the conditions of sale and redemption of investment units |
*Fee included VAT.
Fund Fee (% of NAV)*
| Management Fee | Not more than 0.65% p.a. (Currently 0.375%) |
| Trustee Fee | Not more than 0.11% p.a. (Currently 0.024%) |
| Registrar Fee | Not more than 0.15% p.a. (Currently 0.075%) |
| Other Expense | Not more than 1.98% p.a. (Currently 0.133%) |
| Total Expense (TER) | Not more than 1.98% p.a. (Currently 0.607%) |
*as of 1 Dec’17 – 30 Nov’18, Fee included VAT
Fund Performance
| Fund | Year To Date Performance (%) | 3Month (%) | 6Month (%) | 1Year (%) | 3Year (%) | 5Year (%) | 10Year (%) | Since Inception (%) | NAV (THB) | Fund size (THB Million) |
|---|---|---|---|---|---|---|---|---|---|---|
| Principal Daily Fixed Income Fund (PRINCIPAL DAILY FIX) | 0.94 % | 0.21 % | 0.52 % | 0.86 % | 0.92 % | 1.46 % | 1.68 % | 12.3643 | 41.2 |
| Benchmark : | 9.48 % | -0.44 % | 7.43 % | 5.07 % | 4.65 % | 4.83 % | 4.98 % |
