Principal Japanese Equity Fund A (PRINCIPAL JEQ-A)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short)PRINCIPAL JEQ-ARisk Level6 (High Risk)
Fund Type Feeder Fund, Equity FundInception Date13 February 2014
Registered fund size1,500 Million THBDividend PolicyNone
Foreign Investment PolicyYesForeign exchange rateAccording to the discretion of fund manager

Investment Policy 

 

 

 

 

 

 

 

 

  • The fund's investment policy is to hold units of only one foreign mutual fund: DWS Concept Nissay Japan Value Equity (master fund), share class JPY XC, averaging no less than 80% of the fund's net asset value (Feeder Fund) over the accounting year. The master fund is registered in Luxembourg and is established under UCITS criteria. The fund is managed by DWS Investment S.A.

  • The master fund will consider holding shares of approximately 60-100 Japanese companies, selected from all industry sectors and market capitalization sizes. The fund manager will use discretion, in conjunction with investment advice from investment advisors, to select companies deemed to be significantly undervalued (intrinsic value) (e.g., the company's strategic goals coupled with financial projections). This intrinsic value is calculated from the specific fundamentals of each company (e.g., financial indicators from annual reports), focusing primarily on the company's actual ability to generate future cash flows (forward-looking basis).
     

Fund Manager  

 

 

 

 

  • Supakorn Tulyathan
  • Pochara Thimasan
  • Pancharas Siwarapornsakul

Purchase/ Redemption

Subscription PeriodEvery business day from bank business hours to 3.30 pm

Minimum Subscription

JEQ -A

JEQ- C

JEQ-X

 

 

 

 

1,000 THB

1 THB

1 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+2) Settlement T+6, CIMBT at 11.30 a.m., SCB/ KBANK/ BAY/ TTB/ BBL/ LHBANK/ KK / TISCO at 1.00 p.m.)

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end feeNot exceed 2.14% (Currently 1.50%)
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 1.61% (Currently 1.6055%)
Trustee FeeNot exceed 0.11% (Currently 0.0321%)
Registrar FeeNot exceed  0.54% (Currently 0.3211%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • Krungthai Bank PCL (UHN clients only)
  • Kasikorn Bank Company Limited (Private Banking only)
  • Land and Houses Bank Public Company Limited
  • TMBThanachart Bank Public Company Limited
  • Government Savings Bank
  • TISCO Bank Public Company Limited
  • Muang Thai Life Assurance PCL
  • Phillip Life Assurance Public Company Limited
  • Rabbit Care Broker Company Limited
  • Thai Life Insurance Public Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • Krungthai XSpring Securities Co., Ltd.
  • DAOL Securities (Thailand) Public Company Limited
  • Maybank Securities (Thailand) PLC
  • Merchant Partners Securities Public Company Limited
  • Asia Plus Securities Company Limited
  • Beyond Securities Public Company Limited
  • LH Securities Company Limited
  • Globlex Securities 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

Distribution Channel

  • Pi Securities Public Company Limited
  • CGS-CIMB Securities (Thailand) Company Limited
  • Trinity Securities Group
  • 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
  • Wise 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
  • Liberator 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 Japanese Equity Fund A (PRINCIPAL JEQ-A) 13.38 % 8.88 % 12.53 % 40.64 % 17.35 % 6.10 % 7.15 % 6.55 % 21.7182 50.98
Benchmark: 10.51 % 5.46 % 12.60 % 39.77 % 24.31 % 16.81 % 11.51 % 10.55 %
Benchmark :
TPXNTR Index (THB) 15% + TPXNTR Index adjusted with FX hedging cost 85%
Standard Deviation Performance 26.56 % 29.34 % 23.80 % 19.80 % 22.15 % 20.59 % 18.92 % 19.38 %
Standard Deviation Benchmark 27.52 % 30.19 % 24.55 % 20.25 % 21.49 % 19.75 % 18.47 % 19.02 %