Principal European Equity Fund (PRINCIPAL EUEQ)

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
Foreign exchange rate According to the discretion of fund manager
Dividend Policy None
Benchmark M7EU Index (THB) 100.00%
Fund manager
Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanakul
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
Risk Involve
1. Market Risk
2. Country Risk
3. Liquidity Risk
4. Currency Risk
5. Derivatives Risk

 

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 5,000 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

Fee & Charges

Fees to Unitholder (% of Trading Value)*

Front-end fee Not more than 1.61% (Currently 1.50%)
Back-end fee Not more than 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 more than 1.61% p.a. (Currently 1.6052%)
Trustee Fee Not more than 0.11% p.a. (Currently 0.0321%)
Registrar Fee Not more than 0.54% p.a. (Currently 0.3210%)
Other Expense Not more than 3.09% p.a. (Currently 0.0251%)
Total Expense(TER) Not more than 5.35% p.a. (Currently 1.9834%)

*as of 1Jun’17 – 31 May’18, 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) 25.93 % 5.95 % 6.88 % 25.69 % 8.22 % 5.00 % 12.4810 43.03
Benchmark : 14.18 % 6.36 % 4.42 % 14.06 % 3.96 % 1.09 %
Benchmark :
M7EU Index (THB) 100.00%