Principal Global Preferred Securities Fund A (PRINCIPAL GPS-A)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short) PRINCIPAL GPS-A Risk Level 5 (Moderate to High Risk)
Fund Type  Feeder Fund, Mixed Fund Inception Date 10 April 2018
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 has a policy to invest in or hold only one foreign fund's investment unit, which is Principal Global Investors Funds - Preferred Securities Funds (master fund), Share Class I Acc USD, not less than 80% of the net asset value of the fund (feeder fund). The master fund registered in Ireland and established according to UCITS criteria. The master fund is administered by Principal Global Investors (Ireland) Limited and managed investments by Spectrum Asset Management.
     
  • Principal Global Investors Funds - Preferred Securities Fund (master fund) Share Class I Acc USD aims to invest in US dollar-denominated instruments and debt instruments. At the time of investing, the master fund will invest mainly in securities that are rated in the investment grade. Most issuers will be in America and/or Europe. The master fund will seek additional value for investment from the selection of securities including credit analysis. The investment process will have in-depth analysis and strategy formulation led to the creation of investment portfolios.
     
  • The master fund can invest in REITs which such REITs will be in the form of a funds or a partnership structure that has many investors which has income from property management and/or mortgage loans. Such REITs must be traded on the stock exchange and investing in REITs will not affect the redemption of the investors. The master fund may hold assets for liquidity such as deposit. However, the fund will invest in such securities not more than 1 in 3 of the net asset value.
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote
  • Viriya Phokaisawan
  • Prapot Uancharoenkul
  • Thana Sheanakul

Purchase/ Redemption

Subscription Period Every business day from bank business hours to 3.30 pm
Minimum Subscription 50,000 THB
Redemption Period Every business day from bank business hours to 3.00 pm
Minimum Redemption Not defined
Redemption Policy Within 5 business days from NAV calculation date (NAV announce T+3)
(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 fee Not exceed 2.14% (Currently 1.00%)
Back-end fee Not exceed 1.07 (Waived)
Switching Fee According to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management Fee Not exceed 2.14% (Currently 1.072%)
Trustee Fee Not exceed 0.33% (Currently 0.032%)
Registrar Fee Not exceed 0.54% (Currently 0.322%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • Krungthai Bank PCL
  • TISCO Bank Public Company Limited
  • Muang Thai Life Assurance PCL
  • 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
  • Capital Nomura 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
  • Trinity Securities Group

Distribution Channel

  • 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
  • SBI Thai Online Securities Co., Ltd
  • Merchant Partners Asset Management Company Limited
  • Asia Wealth 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
  • Phillip Life Co.,Ltd
  • Ascend Wealth Co.,Ltd
  • Treasurist Mutual Fund Brokerage Securities Co.,Ltd
  • Pine Wealth Solution Securities Company Limited
  • ASL Securities Company Limited
  • Thansettakij Capital Mutual Fund Brokerage Securities Co.,Ltd

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 Preferred Securities Fund A (PRINCIPAL GPS-A) -9.19 % -1.05 % -4.96 % -9.74 % -1.30 % 0.12 % 10.0523 24.25
Benchmark : -12.85 % -1.92 % -8.01 % -12.29 % -0.12 % 1.77 %
Benchmark :
BGAUTRUU Index adjusted with FX hedging cost 85% + BGAUTRUU Index (THB) 15%