Principal Global Infrastructure Equity Fund (PRINCIPAL GIF)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short)PRINCIPAL GIFRisk Level6 (High Risk)
Fund Type Equity Fund, Feeder FundInception Date9 February 2016
Registered fund size3,000 Million THBForeign Investment PolicyYes
Dividend PolicyNoneForeign exchange rateAccording to the discretion of fund manager
Investment Policy 
  • The fund has a policy to invest in Lazard Global Listed Infrastructure Equity Fund (master fund) which will result in net exposure in CIS units of such fund on average in the fiscal year is not less than 80% of the net asset value of the fund (feeder fund). The master fund is managed by Lazard Asset Management Limited registered under the laws of Ireland and under UCITS. The master fund focuses on investing in equity and equities equivalent instruments (ordinary shares, preferred shares and deposit receipts) of the global infrastructure business listed or traded in regulated markets. In addition, in order to achieve investment objectives, the master fund may invest in the mutual funds or other collective investment scheme (CIS) which includes the ETF in accordance with the fund's investment policy through investment in equity instruments of companies that do business on the global infrastructure sector and the master fund also has a policy to prevent risks from exchange rates for some time. The master fund registered in Ireland. Thmanagement company will send the trading order of the master fund to Ireland to buy and sell investment units of the master fund. The management company reserves the right to change the order delivery from Ireland to other countries by taking into account and protect the interests of unitholders and the appropriateness in practice which shall be deemed that the unitholders have been informed and have given consent.
Fund Manager  
  • Supakorn Tulyathan
  • Prapot Uancharoenkul
  • Thana Sheanakul

Purchase/ Redemption

Subscription PeriodEvery business day from bank business hours to 3.30 pm
Minimum Subscription1,000 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+6, CIMBT at 11.30 a.m., SCB/ KBANK/ BAY/ ttb/ BBL/ LHBANK/ KK at 1.00 p.m.)

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end feeNot exceed 1.61% (Currently 1.50%)
Back-end feeNot exceed 1.07% (Waived)
Switching FeeAccording to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management FeeNot exceed 1.61% (Currently 1.6019%)
Trustee FeeNot exceed 0.11% (Currently 0.0320%)
Registrar FeeNot exceed 0.54% (Currently 0.3204%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • Krungthai Bank PCL (UHN clients only)
  • Kasikorn Bank Company Limited (Private Banking only)
  • Bank of Ayudhya Public Company Limited
  • Land and Houses Bank Public Company Limited
  • The Siam Commercial Bank PCL (Private Banking only)
  • TISCO Bank Public Company Limited
  • Muang Thai Life Assurance PCL
  • Phillip Life Assurance Public Company Limited
  • Rabbit Care Broker Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • Krungthai XSpring Securities Co., Ltd.
  • DAOL Securities (Thailand) Public Company Limited
  • Maybank Securities (Thailand) PLC
  • Merchant Partners Securities Public Company Limited
  • Asia Plus Securities Company Limited
  • Beyond Securities Public Company Limited
  • LH Securities Company Limited
  • Globlex Securities Company Limited
  • Krungsri Capital Securities Public Company Limited
  • InnovestX Securities Company Limited
  • IV Global Securities Public Company Limited
  • AIRA Securities Public Company Limited
  • Krungsri Securities Public Company Limited
  • KASIKORN Securities Public Company Limited
  • Pi Securities Public Company Limited

Distribution Channel

  • CGS-CIMB Securities (Thailand) Company Limited
  • Trinity Securities Group
  • Thanachart Securities Public Company Limited
  • Bualuang Securities Public Company Limited
  • Finansia Syrus Securities Public Company Limited
  • Phillip Securities (Thailand) Public Company Limited
  • Kiatnakin Phatra Securities Public Company Limited
  • UOB KayHian Securities (Thailand) Public Company Limited
  • Yuanta Securities (Thailand) Company Limited
  • Siam Wealth Securities Company Limited
  • RHB Securities Thailand
  • Merchant Partners Asset Management Company Limited
  • Just Asset Management Company Limited
  • XSpring Asset Management Company Limited
  • DBS Vickers Securities (Thailand) Company Limited
  • Wealth Republic Brokerage Securities Company Limited
  • Wealth Magik Mutual Fund Brokerage Company Limited
  • Robowealth Mutual Fund Brokerage Securities Co., Ltd
  • Finnomena
  • Ascend Wealth Co.,Ltd
  • Treasurist Mutual Fund Brokerage Securities Co.,Ltd
  • Pine Wealth Solution Securities Company Limited
  • ASL Securities Company Limited
  • KKP Dime Securities Company Limited
  • Wealth Concept Mutual Fund Brokerage Securities Co., Ltd.
  • TISCO Securities Company Limited

Fund Performance

Date as of:
As at date :
Fund Year To Date Performance (%) 3M (%) 6M (%) 1Year (% p.a.)* 3Year (% p.a.)* 5Year (% p.a.)* 10Year (% p.a.)* Since Inception (% p.a.) * NAV (THB) Fund size (THB Million)
Principal Global Infrastructure Equity Fund (PRINCIPAL GIF) 0.78 % 2.80 % 5.33 % 3.18 % 7.89 % 4.25 % 5.94 % 15.9167 264.12
Benchmark: -1.42 % 0.61 % 4.09 % 1.12 % 6.23 % 5.23 % 6.03 %
Benchmark :
HU706478 Index adjusted with FX hedging cost 85% + HU706478 Index (THB) 15%
Standard Deviation Performance 8.66 % 8.49 % 10.79 % 10.08 % 12.64 % 13.33 % 14.05 %
Standard Deviation Benchmark 9.82 % 9.95 % 11.84 % 11.30 % 13.69 % 13.68 % 14.26 %