Principal European Equity Fund (PRINCIPAL EUEQ)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short) PRINCIPAL EUEQ Risk Level 6 (High Risk)
Fund Type  Equity Fund, Feeder Fund Inception Date 16 June 2015
Registered fund size 3,000 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 unit only of Principal Global Investors Funds - European Equity Fund (master fund). The master fund has a policy to invest in equity instruments of companies that are registered or operate mainly in Europe (including eastern Europe) with high growth opportunities. The fund will invest in or hold investment units of Principal Global Investors Funds - European Equity Fund registered in Ireland. At this point, the fund will invest in Euro currency but may later change to another currency. The management company therefore reserves the right to change the currency traded in the master fund as appropriate by taking into account the benefits of the unitholders as a whole and the management company will notify the unitholders through the website of the management company
Fund manager Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanakul
Prapot Uancharoenkul

Master fund has highly concentrated investment in United Kingdom. So, investors have to diversify investment for their portfolios. /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 unitholders 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 from NAV calculation date (Currently T+6) CIMBT / SCB / KBANK / BAY / TMB / BBL/ LHBANK/ KK/ TBANK

*Effective From 17 Aug 2020 onwards. 

Fee & Charges

Fees to Unitholder (% of Trading Value)*

Front-end fee Not exceed 1.61% (Currently 1.50%)
Back-end fee Not exceed 1.07% (Waived)
Switching Fee According to the conditions of sale and redemption of investment units

*Fee included VAT.

Fund Fee (% of NAV)*

Management Fee Not exceed 1.61% (Currently 1.6044%)
Trustee Fee Not exceed 0.11% (Currently 0.0321%)
Registrar Fee Nt exceed  0.54% (Currently 0.3209%)

*as of 1 Jun’18 – 31 May’19, Fee included VAT

Fund Performance

As at date :
As at date :
Fund Year To Date Performance (%) 3Month (%) 6Month (%) 1Year (%) 3Year (%) 5Year (%) 10Year (%) Since Inception (%) NAV (THB) Fund size (THB Million)
Principal European Equity Fund (PRINCIPAL EUEQ) -2.87 % 7.70 % 3.88 % 5.45 % 4.26 % 4.82 % 3.76 % 12.1223 97.21
Benchmark : -5.94 % 7.30 % 1.27 % 2.75 % -1.92 % -0.45 % -0.47 %
Benchmark :
M7EU Index (THB) 50% + M7EU Index adjusted with FX hedging cost 50%