Principal Korea Stock Fund (PRINCIPAL KOS)

Dividend/Auto-Redemption History

Fund Details

Fund Name (short) PRINCIPAL KOS Risk Level 6 (High Risk)
Fund Type  Feeder Fund, Equity Fund Inception Date 17 Jun 2014
Registered fund size 1,000 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 only in the investment units of the iShare MSCI South Korea ETF (master fund). The master fund seek to track the investment results of MSCI Korea 25/50 (Benchmark), which primarily consists of stocks traded on the Stock Market Division of the Korea Exchange. The Underlying Index is a free floatadjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not cumulatively exceed 50% of the Underlying Index weight. The Underlying Index will include large- and midcapitalization companies and may change over time. 

The Fund will at all times invest at least 80% of its assets in the securities of its Underlying Index and in depositary receipts representing securities in its Underlying Index. The Fund may invest the remainder of its assets in other
securities, including securities not in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index, and in other investments, including futures contracts, options on futures contracts, other types of options and swaps related to its Underlying Index, as well as cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.
Fund Manager   Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan 
Waroon Saptaweekul

Purchase/ Redemption

Subscription Period Every business day from bank business hours to 3.30 pm
Minimum Subscription 1,000 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

*Effective From 17 Aug 2020 onwards. 

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 1.60%)
Trustee Fee Not exceed 0.11% (Currently 0.03%)
Registrar Fee Not exceed 0.75% (Currently 0.54%)

*as of 1 Jun 18 – 31 May 19., Fee included VAT.

Disclaimer

Investors should understand product characteristics (mutual funds), conditions of return and risk before making an investment decision.

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 Korea Stock Fund (PRINCIPAL KOS) 30.80 % 28.90 % 44.93 % 30.71 % -1.47 % 1.91 % -0.18 % 9.8848 14.80
Benchmark : 41.02 % 28.99 % 48.22 % 40.89 % 1.91 % 5.75 % 3.60 %
Benchmark :
KOSPI USD Index (THB) 50% + KOSPI USD Index adjusted with FX hedging cost 50%