Principal Global Managed Volatility Equity Fund A (PRINCIPAL GMV-A)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short)PRINCIPAL GMV-ARisk Level6 (High Risk)
Fund Type Feeder Fund, Equity FundInception Date2 March 2018
Registered fund size5,000 Million THBForeign Investment PolicyYes
Dividend PolicyNoneForeign exchange rateAccording to the discretion of fund manager
Investment Policy 
  • The fund has a policy to invest in only a foreign mutual fund, iShares Edge MSCI World Minimum Volatility UCITS ETF (Master Fund) Share Class USD Accumulation average not less than 80% of the net asset value of the fund (feeder fund), registered in Ireland. The fund is managed by BlackRock Asset Management Ireland Limited. iShares Edge MSCI World Minimum Volatility UCITS ETF (Master Fund) Share Class USD Accumulation aims to deliver investment returns that reflect the return from the MSCI World Minimum Volatility Index. By having investment policy that invests in equity instruments which are components of the MSCI World Minimum Volatility Index, which is the fund's standard index, by using optimization techniques in order to receive returns close to the standard index.
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote
  • Viriya Phokaisawan

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 2.14% (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 2.14% (Currently 1.609%)
Trustee FeeNot exceed 0.33% (Currently 0.032%)
Registrar FeeNot exceed 0.54% (Currently 0.322%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • Bank of Ayudhya 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
  • 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
  • CGS-CIMB Securities (Thailand) Company Limited

Distribution Channel

  • 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
  • DBS Vickers Securities (Thailand) Company Limited
  • Wealth Republic Brokerage Securities Company Limited
  • Wealth Magic 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 Managed Volatility Equity Fund A (PRINCIPAL GMV-A) 5.65 % 5.65 % 10.08 % 7.13 % 1.88 % 2.76 % 1.74 % 11.1083 40.83
Benchmark: 6.19 % 6.19 % 11.27 % 9.14 % 4.86 % 5.03 % 4.40 %
Benchmark :
M00IWO$O Index adjusted with FX hedging cost 85% + M00IWO$O Index (THB) 15%
Standard Deviation Performance 5.99 % 5.99 % 7.98 % 7.68 % 10.72 % 11.33 % 13.18 %
Standard Deviation Benchmark 5.21 % 5.21 % 6.89 % 6.90 % 11.31 % 12.33 % 13.65 %