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 Mirae Asset Global Discovery Fund-Mirae Asset Korea Equity Fund (master fund). The master fund has a policy to invest in equity instruments and related to equity instruments registered in Korea or doing business mainly in Korea. The fund will invest in or hold investment units of Mirae Asset Global Discovery Fund-Mirae Asset Korea Equity Fund registered in Luxembourg. In this initial stage, the fund will invest in US dollars but may later change to another currency. The management company therefore reserves the right to change the currency traded in the
master fund as appropriate.
Fund Manager   Win Phromphaet
Witthaya Chancharuschote
Viriya Phokaisawan 
Paniti Jittriphot
Waroon Saptaweekul
Thana Sheanakul
Prapot Uancharoenkul

Master fund has highly concentrated investment in Korea. 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 1.60%)
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.

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) -15.70 % -9.95 % -11.49 % -17.84 % -10.98 % -7.93 % -7.39 % 6.3704 14.14
Benchmark : -10.92 % -7.61 % -6.76 % -16.32 % -9.13 % -5.14 % -3.81 %
Benchmark :
KOSPI USD Index (THB) 50% + KOSPI USD Index adjusted with FX hedging cost 50%