Principal Balanced Income C (PRINCIPAL iBALANCED-C)

Dividend/Auto-Redemption History

Fund Details

Fund Name (Short) PRINCIPAL iBALANCED-C Risk Level 5 (Moderate to High Risk)
Fund Type  Mixed Fund Inception Date 6 September 2013
Registered fund size 2,000 Million THB Foreign Investment Policy Yes (≤79%)
Dividend Policy None FX Hedging Policy According to the discretion of fund manager
Investment Policy 

The fund has a policy to invest in equity instruments, debt instruments, convertible bond, units of CIS including Exchange Traded Fund (ETF), units of mutual funds under management of the same management company, deposits and/or other assets both onshore and offshore and/or Units of private equity that complied with the SEC regulations.In terms of proportion of equity instruments, the fund can invest with the range from 0-100% of NAV, the proportion according to the decision of the fund manager.
In this regard, the fund can invest in the units of mutual funds under management of the same management company (cross investing fund) not more than 100% of NAV by prohibiting the destination fund to reverse investment (circle investment) and prohibiting the destination fund to invest in other mutual funds under the management of the same management company (cascade investment).
*The fund allows to invest in the units of mutual funds under management of the same management company (cross investing fund) effective from 6 Nov 2019 onwards.

Fund Manager Win Phromphaet
Witthaya Chancharuschot
Viriya Phokaisawan
Paniti Jittriphot
Waroon Saptaweekul

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 unitholder 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 1 THB
Redemption Period Auto redemption
Not more than 12 times/year. The automatic redemption amount will be transferred to Unit holder account within 5 business days
Normal redemption
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 0.81% (Waived)
Back-end fee  Not exceed 0.81% (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 2.14% (Currently 1.8727%)
Trustee Fee Not exceed 0.11% (Currently 0.0321%)
Registrar Fee Not exceed 0.54% (Currently 0.3210%)

*Fee included VAT.
However, if the fund invests in the units of mutual funds under the management of the same management company (cross-investing fund), management company shall not charge duplicate fees of front-end fee and back-end fee with the destination funds.

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 Balanced Income C (PRINCIPAL iBALANCED-C) -7.65 % -7.83 % -7.10 % -8.73 % -6.68 % 11.8948 0.53
Benchmark : -6.03 % -6.30 % -6.22 % -5.22 % -2.70 %
Benchmark :
GovBond 1-3Yrs NTR Index 40% + SET TRI Index 15% + M1WO index adjusted with FX hedging cost 15% + Gold London PM Fix plus Hedging Cost (USD) 5% + SET PF&REIT TRI Index 12.5% + FSTREI TRI Index adjusted with FX hedging cost 12.5%