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

Dividend/Auto-Redemption History

Fund Details

Fund Name (short) PRINCIPAL GMV-X Risk Level 6 (High Risk)
Fund Type  Feeder Fund, Equity Fund Inception Date 2 March 2018
Registered fund size 5,000 Million THB Foreign Investment Policy Yes
Dividend Policy None Foreign exchange rate According 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.
*Since inception to 24 November 2019, the fund invest in Acadian Global Managed Volatility Equity UCITS Fund. From 25 November 2019, the fund invest in iShares Edge MSCI World Minimum Volatility UCITS ETF.
Fund Manager   Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanaku
Prapot Uancharoenkul

Master fund has highly concentrated investment in America. So, investors have to diversify investment for their portfolios. 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 5,000 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% (Wavied)
Back-end fee Not exceed 1.07% (Waived)
Switching Fee According to the conditions of sale and redemption of investment units

*Fee included VAT.

Fund Fee (% of NAV)*

Management Fee Not exceed 2.14% p.a. (Wavied)
Trustee Fee Not exceed 0.33% p.a. (Currently 0.032%)
Registrar Fee Not more than 0.54% p.a. (Currently 0.321%)

**as of 2 Mar 18 - 28 Feb 19., 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 Managed Volatility Equity Fund X (PRINCIPAL GMV-X) 4.62 % 3.64 % 9.8397 20.05
Benchmark : 4.56 % 2.91 %
Benchmark :
M00IWO$O Index (THB) 50% + M00IWO$O Index adjusted with FX hedging cost 50%