Principal Global Clean Energy Fund C (PRINCIPAL GCLEAN-C)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short)PRINCIPAL GCLEAN-CRisk Level6 (High Risk)
Fund Type Equity Fund, Feeder FundInception Date1 April 2021
Registered fund size5,000 Million THB (Greenshoe 15%)Foreign Investment PolicyYes
Dividend PolicyNoneForeign exchange rateAccording to the discretion of fund manager
Investment Policy 
  • The fund has a policy to invest in or hold investment units of only one  foreign mutual fund named VanEck Uranium and Nuclear ETF (the master fund), on average in an accounting year not less than 80% of the fund’s NAV(Feeder Fund), which is registered in the United States and listed on the New York Stock Exchange Arca (NYSE Arca), which is part of the New York Stock Exchange (NYSE), United States. The fund is managed by Van Eck Associates Corporation. In normal circumstances, the VanEck Uranium and Nuclear ETF will invest at least 80% of the total assets of the master fund in order to achieve investment returns close to the MVIS Global Uranium & Nuclear Energy Index (MVNLRTR).

  • The master fund invests in equity instruments and deposit receipts issued by companies related to uranium and nuclear energy. Securities to be included in the Reference Index must be companies that derive at least 50% of their revenue from: 
    (i) uranium mining or uranium mining projects that have the potential to generate at least 50% of the company's revenue
    (ii) construction, engineering and maintenance of nuclear power plants and nuclear reactors 
    (iii) generation of electricity from nuclear sources or 
    (iv) equipment, technology or services to the nuclear energy industry

Fund Manager
  • Supakorn Tulyathan
  • Pochara Thimasan
  • Pancharas Siwarapornsakul

Purchase/ Redemption

Subscription PeriodEvery business day from bank business hours to 3.30 pm
Minimum Subscription1 THB
Redemption PeriodEvery business day from bank business hours to 3.00 pm
Minimum RedemptionNot defined
Redemption PolicyWithin 5 business days from NAV calculation date (NAV announce T+2)
(Settlement T+4, CIMBT at 11.30 a.m., SCB/ KBANK/ BAY/ TTB/ BBL/ LHBANK/ KK /TISCO at 1.00 p.m.)

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end feeNot exceed 2.14% (Currently Waived)
Back-end feeNot exceed 1.07% (Currently Waived)
Switching FeeAccording to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management FeeNot exceed 2.14% (Currently 1.6050%)
Trustee FeeNot exceed 0.33% (Currently 0.0375%)
Registrar FeeNot exceed 0.54% (Currently 0.3210%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

Tokio Marine Life Insurance (Thailand) Public Company Limited 

Master Fund

 VanEck Uranium and Nuclear ETF (effective from 8 April 2025 onwards.)

Fund Performance