Principal Global Cloud Computing Fund (PRINCIPAL GCLOUD-A)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short) PRINCIPAL GCLOUD-A Risk Level 7 (High Risk)
Fund Type  Equity Fund, Feeder Fund Inception Date 12 October 2020 (Tentative)
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 will invest in WisdomTree Cloud Computing UCITs ETF – USD Acc Class (Master Fund), registered in London Stock Exchange, United Kingdom, on average in the fiscal year not less than 80% of its NAV.

The master fund managed by WisdomTree Management Ltd. Master Fund will employ a “passive management” (or index tracking) investment approach and will invest in a portfolio of equities that, so far as possible and practicable, consists of a representative sample of the component securities of the BVP NASDAQ Emerging Cloud Index.

The BVP Nasdaq Emerging Cloud Index is designed to track the performance of emerging public companies primarily involved in providing cloud software and services to their customers (each an “Emerging Cloud Company”) as determined by Bessemer Venture Partners (“BVP”).
Fund Manager Win Phromphaet
Witthaya Chancharuschote 
Viriya Phokaisawan
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanakul
Prapot Uancharoenkul

This fund mainly invests in technology sector. Therefore, there is a risk for investors for losing lots of money./ Master fund has highly concentrated investment in USA. Therefore, investors have to diversify investment for their portfolios./ The Management Company reserves the right to change the fund type in the future to Fund of Funds or Direct investment or return to a Feeder Fund without increasing the risk level of the investment, which is at the discretion of the fund manager. / 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

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

Fee & Charges

Fees to Unitholder (% of Trading Value)*

Front-end fee Not exceed 2.14% (Currently 1.50%)
Back-end fee Not exceed 1.07% (Waived)
Switching Fee According to the conditions of sale and redemption of investment units
Brokerage Fee Not exceeding 0.54% (Waived)

*Fee included VAT.

Fund Fee (% of NAV)*

Management Fee Not exceed 2.14% (Currently 1.605%)
Trustee Fee Not exceed 0.33% (Currently 0.0321%)
Registrar Fee Not exceed 0.54% (Currently 0.3210%)

*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 Cloud Computing Fund (PRINCIPAL GCLOUD-A) -9.73 % 9.0274 1648.54
Benchmark : -9.78 %
Benchmark :
EMCLOUDN Index adjusted with FX hedging cost 50% + EMCLOUDN Index (THB) 50%