Principal Daily Income Fund A (PRINCIPAL iDAILY-A)
|Fund Name (short)||PRINCIPAL iDAILY-A|
|Risk Level||4 (Low to Moderate Risk)|
|Fund Type||Fixed Income Fund|
|Inception Date||11 April 2012|
|Registered fund size||10,000 Million THB|
|Foreign Investment Policy||Yes (≤79%)|
|FX Hedging Policy||Not less than 90%|
|Benchmark||GovBond NTR Index 50.00% + MTMCorpBBBup NTR Index 50.00%|
The fund has a policy to invest in or hold debt instruments, financial instruments and/or deposits (by investing at any time not less than 80% of the net asset value of the fund) offered for sale both onshore and offshore issued by the government sector, state enterprises, financial institutions and/or private sectors that have received credit ratings from institutions of credit rating that have been accepted by SEC which has the Issue Rating or Issuer Rating in the investment grade. In the case of being a subordinated debt, it must receive the Issue Rating in the investment grade only. The fund will invest in foreign market not more than 79% of the net asset value of the fund.
1. Business Risk
2. Credit Risk
3. Market Risk
4. Liquidity Risk
5. Interest Rate Risk
6. Country Risk
7. Currency Risk
9. Structured Note Risk
Consider to pay not more than 12 times a year (Only for iDAILY-D and iDAILY-I).
*Please study the details of dividend payment conditions in the prospectus.
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.
|Subscription Period||Every business day from bank business hours to 3.30 pm|
|Minimum Subscription||1,000 THB|
|Redemption Period||Auto redemption
Not more than 12 times a year by transfer the redemption money to invest in PRINCIPAL TREASURY fund for whole amount.
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 (Currently T+1) CIMBT / SCB / KBANK / BAY / TMB / BBL/ LHBANK/ KK/ TBANK|
Fee & Charges
Fees to Unitholder (% of Trading Value)*
*Fee included VAT.
Fund Fee (% of NAV)*
|Management Fee||Not more than 0.81% p.a. (Currently 0.428%)|
|Trustee Fee||Not more than 0.11% p.a. (Currently 0.040%)|
|Registrar Fee||Not more than 0.22% p.a. (Currently 0.075%)|
|Other Expense||Not more than 0.22% p.a. (Currently 0.075%)|
|Total Expense (TER)||Not more than 1.72% p.a. (Currently 0.021%)|
*as of 1 Sep’17 – 31 Aug’18, Fee included VAT
|Fund||Year To Date Performance (%)||3Month (%)||6Month (%)||1Year (%)||3Year (%)||5Year (%)||10Year (%)||Since Inception (%)||NAV (THB)||Fund size (THB Million)|
|Principal Daily Income Fund A (PRINCIPAL iDAILY-A)||1.29 %||0.32 %||0.74 %||1.21 %||1.35 %||1.78 %||11.4446||566.79|
|Benchmark :||9.48 %||-0.44 %||7.43 %||4.51 %||3.41 %||3.11 %|