Principal Japanese Equity Fund (PRINCIPAL JEQ)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short) PRINCIPAL JEQ Risk Level 6 (High Risk)
Fund Type  Feeder Fund, Equity Fund Inception Date 13 February 2014
Registered fund size 1,500 Million THB Dividend Policy None
Foreign Investment Policy Yes Foreign exchange rate According to the discretion of fund manager
Investment Policy  The fund has a policy to invest in or hold investment units of only one foreign fund, namely, T. Rowe Price Funds SICAV Japanese Equity Fund (Master Fund), Share Class I (JPY) for not less than 80% of the net asset value of the fund in average fiscal year (Feeder Fund). The master fund registered in Luxembourg and established according to UCITS criteria, administered by T. Rowe Price (Luxembourg) Management S.a.r.l. and managed the investment by T. Rowe Price International Ltd.
The master fund has a long-term investment policy through the growth of investment value by focusing on investing in stocks of company in Japan. The master fund will invest at least 70% of the net asset value of the fund in equity instruments and related to
equity instruments of companies established in Japan or operating mainly in Japan. The type of securities that may be invested including ordinary shares, preferred shares, Warrant American Depository Receipts (ADRs), European Depository Receipts (EDRs) and Global Depository Receipts (GDRs) and the fund will invest no more than 30% in debt and money market instruments.
Fund Manager   Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan 
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanakul
Prapot Uancharoenkul

Master fund has highly concentrated investment in Japan. 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% (Currently 1.50%)
Back-end fee Not exceed 1.07 (Currently 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 1.61% (Currently 1.6052%)
Trustee Fee Not exceed 0.11% (Currently 0.0321%)
Registrar Fee Not exceed  0.54% (Currently 0.3210%)

*as of 1 Feb 18 - 31 Jan 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 Japanese Equity Fund (PRINCIPAL JEQ) -7.54 % -5.60 % -1.90 % -0.19 % -0.03 % -1.38 % 3.03 % 12.0364 92.36
Benchmark : -8.03 % -9.47 % -5.88 % -4.88 % -1.20 % 0.89 % 3.22 %
Benchmark :
TPXNTR Index (THB) 50% + TPXNTR Index adjusted with FX hedging cost 50%