Principal Global Commodities Fund (PRINCIPAL GCF)

Dividend/Auto-Redemption History

Period XD Dividend/Auto-Redemption Payment (Baht/Unit)
1 0.50
2 1.00

Fund Details

Fund Name (short) PRINCIPAL GCF
Risk Leve 8 (Very High Risk)
Fund Type  Feeder Fund, Alternative
Inception Date 2 February 2007
Registered fund size 3,000 Million THB
Foreign Investment Policy Yes
Foreign exchange rate According to the discretion of fund manager
Fund Manager   Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanaku
Prapot Uancharoenkul
Investment Policy  Principal Global Commodities Fund has a policy to invest mostly in the fund units of only one foreign fund (feeder fund) such as the Merrill Lynch MLCX Commodity Enhanced Beta Fund, which has a policy to invest in debt or equity instruments that are operated in any way in order to create a fund performance that is close to the return on investment in the commodity index. Merrill Lynch Commodity Index eXtra 03 (MLCX03 Index) by Merrill Lynch MLCX Commodity Enhanced Beta Fund is a sub-fund under the management of Merrill Lynch Investment Solutions, Luxembourg, which has an umbrella structure with a variable capital structure. Merrill Lynch Investment Solutions is authorized to be established by Luxembourg regulator - Commission de surveillance du secteur financier (CSSF) type UCITS, which meets the latest rules of the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2010. The master fund is managed by Merrill Lynch International (MLI), a sub-wholly owned by Bank of America Corporation.
Dividend Policy Consider to pay not more than once a year.
*Please study the details of dividend payment conditions in the prospectus

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 2,000 THB
Redemption Period Every business day from bank business hours to 3.30 pm
Minimum Redemption Not defined
Minimum Balance Not defined
Redemption Policy Within 5 business days (Currently T+4)

Fee & Charges

Fees to Unitholder (% of Trading Value)*

Front-end fee Not more than 3.21% (Currently, 1.07%)
Back-end fee Not more than 2.14% (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 0.27% p.a. (Currently 0.268%)
Trustee Fee Not more than 0.06% p.a. (Currently 0.036%)
Registrar Fee Not more than 0.11% p.a. (Currently 0.107%)
Other Expense Not more than 2.14% p.a. (Currently 0.202%)
Total Expense (TER) Not more than 2.14% p.a. (Currently 0.613%)

*as of 1 Jan 18 - 31 Dec 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 Global Commodities Fund (PRINCIPAL GCF) -11.61 % -8.03 % -4.65 % -9.34 % -4.57 % -4.33 % -4.13 % -3.64 % 5.5184 33.95
Benchmark : -8.71 % -3.70 % -1.48 % -7.51 % -4.56 % -3.43 % -2.46 % -0.83 %
Benchmark :
MLCX03TR Index adjusted with FX hedging cost 50% + MLCX03TR Index (THB) 50%