Principal US Equity Fund C (PRINCIPAL USEQ-C)

Dividend/Auto-Redemption History

Fund Details

Fund Name (Short) PRINCIPAL USEQ-C Risk Level 6 (High Risk)
Inception Date 17 September 2021 Fund Type  Equity Fund, Feeder Fund
Registered fund size 3,000 Million THB (Greenshoe 15%) Foreign Investment Policy Yes
Dividend Policy None Foreign exchange rate According to the discretion of fund manager
Investment Policy 
  • The Fund will feed not less than 80% of its NAV in average per year into iShares Russell 1000 ETF (Master Fund). The Master Fund seeks to track the investment results of the Russell 1000® Index (the “Underlying Index”), which measures the performance of the large and mid-capitalization sectors of the U.S. equity market, as defined by FTSE Russell (the “Index Provider”)
  • Russell 1000 Index (Underlying Index) is a subset of the Russell 3000 Index, which measures the performance of the broad U.S. equity market, as defined by Russell. As of March 31, 2020, the Underlying Index included issuers representing approximately 93% of the market capitalization of all publicly - traded U.S. equity securities. The Underlying Index is a float-adjusted capitalization-weighted index of equity securities issued by the approximately 999 largest issuers in the Russell 3000 Index. As of March 31, 2020, the Underlying Index represented approximately 93% of the total market capitalization of the Russell 3000 Index. As of March 31, 2020, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote
  • Viriya Phokaisawan
  • Prapot Uancharoenkul
  • Thana Sheanakul

Purchase/ Redemption

Subscription Period Every business day, from bank business hours to 15.30 pm
Minimum Subscription 1 THB
Redemption Period Every business day, from bank business hours to 15.00 pm
Minimum Redemption Not defined
Redemption Policy Within 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 at 1.00 p.m.)

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% (Waived)
Switching Fee According to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management Fee Not exceed 2.14% (Currently 1.605%)
Trustee Fee Not exceed 0.33% (Currently 0.0374%)
Registrar Fee Not exceed 0.54% (Currently 0.321%)
*Fee included VAT, Brokerage Fee excluded VAT.

Fund Performance