Principal Global Small Cap Equity Fund R (PRINCIPAL GSCEQ-R)

Dividend/Auto-Redemption History

Period XD Dividend/Auto-Redemption Payment (Baht/Unit)
1 0.75
2 0.24
3 0.10
4 0.31
5 0.10
6 0.10
7 0.34
8 0.22
9 0.47
10 0.17
11 0.22
12 0.62
13 0.16
14 0.35
15 0.69

Fund Details

Fund Name (short) PRINCIPAL GSCEQ-R
Risk Level 6 (High Risk)
Fund Type  Equity Fund, Feeder Fund
Inception Date 14 May 2014
Registered fund size 4,000 Million THB
Foreign Investment Policy Yes
Foreign exchange rate According to the discretion of fund manager
Dividend Policy None
Fund Manager   Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan 
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanakul
Prapot Uancharoenkul
Investment Policy 

The Fund has a policy to invest in the investment units only of Principal Global Investors Funds - Origin Global Smaller Companies Fund (master fund) in the share class of I-Acc USD, on average, in the fiscal year not less than 80% of the net asset value (Feeder Fund). The master fund registered in Ireland and established according to UCITS criteria. The fund is administered by Principal Global Investors (Ireland) Limited and managed the investment by Origin Asset Management LLP. The master fund has a policy to invest in (transferable equities) and equity-related securities of companies around the world which has a market value of not more than US $5,000 million. These securities are basically ordinary shares and instruments that are related with equities. Also, the securities are not limited to just preferred stocks or warrant to purchase ordinary shares (the fund will hold the warrant to purchase ordinary shares not more than 5% of the net asset value of the fund) and rights to subscribe for new shares (Rights) also include the depository receipts of benefits arising from underlying securities such as ADRs and GDRs. These securities are securities that are traded on the stock exchange or market with regulated by laws. For markets that have legal restrictions, prohibit the directly holding
of equity instruments directly, the fund may access these equity instruments indirectly through purchases participation notes and the fund will not leverage on any of the above instruments.

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 Normal Redemption
Within 5 business days from NAV calculation date (Currently T+6)
Auto Redemption
Not more than 12 times/year according to the discretion of management company Within 5 business days from NAV calculation date (Currently T+6)

Fee & Charges

Fees to Unitholder (% of Trading Value)*

Front-end fee Not more than 2.14% (Currently 1.50%)
Back-end fee Not more than 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 more than 1.61% p.a. (Currently 1.61%)
Trustee Fee Not more than 0.11% p.a. (Currently 0.03%)
Registrar Fee Not more than 0.75% p.a. (Currently 0.54%)
Other Expense Not more than 2.88% p.a. (Currently 0.06%)
Total Expense (TER) Not more than 5.35% p.a. (Currently 2.24%)

as of 1 May’18 – 30 Apr’19, Fee included VAT

Auto-Redemption History

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 Small Cap Equity Fund R (PRINCIPAL GSCEQ-R) -11.71 % -8.18 % -0.82 % -3.13 % 0.02 % 1.70 % 2.22 % 11.3576 70.52
Benchmark : -7.32 % -4.71 % 1.65 % -3.45 % -0.01 % 3.11 % 3.10 %
Benchmark :
MSLUAWON Index (THB) 50% + MSLUAWON Index adjusted with FX hedging cost 50%