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

Dividend/Auto-Redemption History

Fund Details

Fund Name (short)PRINCIPAL GPS-ARisk Level5 (Moderate to High Risk)
Fund Type Feeder Fund, Mixed FundInception Date10 April 2018
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 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
  • Woraphot Kunaprasit
  • Pancharas Siwarapornsakul
  • Nantanach Kitichalermkiat
  • Witthaya Chancharuschote
  • Viriya Phokaisawan

Purchase/ Redemption

Subscription PeriodEvery business day from bank business hours to 3.30 pm
Minimum Subscription50,000 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+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 feeNot exceed 2.14% (Currently 1.00%)
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 1.072%)
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
  • Krungthai Bank PCL
  • 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
  • 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
  • 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 Preferred Securities Fund A (PRINCIPAL GPS-A) 1.64 % 3.81 % 4.92 % 2.95 % -1.45 % 0.82 % 0.50 % 10.2955 22.40
Benchmark: -1.18 % 2.28 % 2.96 % 3.26 % -1.76 % 0.92 % 1.41 %
Benchmark :
BGAUTRUU Index adjusted with FX hedging cost 85% + BGAUTRUU Index (THB) 15%
Standard Deviation Performance 2.17 % 2.34 % 2.54 % 5.06 % 6.02 % 9.25 % 6.25 %
Standard Deviation Benchmark 5.95 % 6.81 % 7.15 % 7.00 % 7.97 % 7.76 % 6.76 %