Principal Vietnam Trigger 7M1 Fund (PRINCIPAL VNTG7M1)

Dividend/Auto-Redemption History

Fund Details

Investors cannot redeem the investment units during first 7 months from the registration date, If there are negative factors affecting the investment, investors may be losing a lot of their money

Fund Name (Short) PRINCIPAL VNTG7M1 Risk Level 6 (High Risk)
Inception Date 8 April 2022 Fund Type Mix Fund
Registered fund size 3,000 Million THB (Green shoe 15%) Foreign exchange rate According to the discretion of fund manager
Foreign Investment Yes Dividend Policy  None
Fund Tenor Not specified. However, the fund will be terminated if the fund's NAV meets the conditions:
(a) If the fund's NAV reaches the target of 10.75 baht; and
(b) The Management Company can collect sufficient cash or liquid instruments in THB for automatic redemption of investment units to UH.
Investment Policy
  • The fund aims to achieve its targeted return by focus on investing in equity instruments. debt instrument, Hybrid instrument, Exchange Traded Fund (ETF), CIS, Property Fund, REITs, Infrastructure Fund, Deposits and/or deposit equivalents and/or other securities or assets as prescribed or approved by the SEC that are listed on the stock exchange or having a core business in Vietnam and/or benefiting from economic growth including the instruments of Vietnamese entrepreneurs listed on the stock exchanges of other countries. The fund will consider adjusting the investment ratio in each security from 0% to 100% of the mutual fund's NAV. The investment ratio is at the discretion of the fund manager and appropriate to the current situation.
Fund Manager
  • Supakorn Tulyathan
  • Chatree Meechaijaroenying
  • Punyanoot Punyaratabandhu
  • Sittikarn Pongpatanasuksa
  • Supree Suvaphan
  • Pathompong Ruangkanaruk

Purchase/ Redemption

Subscription Period IPO Period Only, from bank business hours – 15.30
Minimum Subscription 1,000 THB
Redemption Period

Normal Redemption: Unitholder cannot redeem the investment units during first 7 months from the registration date. After 7 months if fund’s NAV is not achieving the target, Unitholder can be redeemed every business day, from bank business hours - 12.00 pm. start from 8 November 2022 onwards. (Tentative)
However, if fund’s NAV achieves the target, the management company will automatically redeem to Unitholder.

Auto Redemption: During 7 months from registration date, Unitholder cannot redeem the investment units. However, if fund’s NAV achieves the target, the management company will automatically redeem to Unitholder.

  • The 1st time: if the fund's NAV reaches its target of 10.35, the management company will automatically redeem 0.35 to Unitholder (only 1 time).

Purchase/ Redemption

 
  • 2nd time: if the fund's NAV reaches the target of 10.75, the management company can collect enough cash or liquid instruments in Thai baht for auto-redemption of all investment units to Unitholder and terminate the fund
Minimum Redemption Not defined
Redemption Policy

Within 5 business days from NAV calculation date (NAV announce T+1)
(Settlement T+5, CIMBT at 11.30 a.m., SCB/ KBANK/ BAY/ ttb/ BBL/ LHBANK/ KK at 1.00 p.m.)

Auto-Redemption Policy Within 5 Business days from NAV calculation of Automatic Redemption date.
The money from automatic redemption will be transferred to subscription in PRINCIPAL TREASURY or other methods specified by the management company.
1,000 THB.

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end fee Not exceed 2.14% (Currently 1.07%)
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 0.10%)
Registrar Fee Not exceed 0.54% (Currently 0.321%)
*Fee included VAT, Brokerage Fee excluded VAT.
*Note: During the first 7 months from the registration date, the management company will collect management fees and registrar fees per annum based on the fund's registered value, which will be recognized as fund expenses in full on the date of registration and collect from the fund within 90 days from the registration date. 
In the event that there is no occurrence according to the conditions of fund termination within 7 months from the registration date, the management company will charge a management fee per annum of the fund’s NAV.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • The Siam Commercial Bank PCL (Private Banking only)
  • Bank of Ayudhya Public Company Limited
  • Phillip Life Co.,Ltd
  • Muang Thai Life Assurance PCL
  • Rabbit Care Broker Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • Krungthai XSpring Securities Co., Ltd.
  • KTB 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
  • Capital Nomura Public Company Limited
  • SCB 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 Limite
  • 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
  • SBI Thai Online Securities Co., Ltd
  • Merchant Partners Asset Management Company Limited
  • Asia Wealth 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
  • Ascend Wealth Co.,Ltd
  • Treasurist Mutual Fund Brokerage Securities Co.,Ltd
  • Pine Wealth Solution Securities Company Limited
  • ASL 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 Vietnam Trigger 7M1 Fund (PRINCIPAL VNTG7M1) -8.22 % 9.1777 756.05
Benchmark : -6.80 %
Benchmark :
VN30TR Index (THB) 15% + VN30TR Index adjusted with hedging cost 85%