Principal Daily Income Fund I (PRINCIPAL iDAILY-I)

Dividend/Auto-Redemption History

Period XD Dividend/Auto-Redemption Payment (Baht/Unit)
1 0.02
2 0.03
3 0.04
4 0.03
5 0.02
6 0.02
7 0.02
8 0.02
9 0.02

Fund Details

Fund Name (short) PRINCIPAL iDAILY-I 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%  
Dividend Policy 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)
Investment Policy  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.
Fund Manager Win Phromphaet
Chanaikan Swadirurk
Wasuchon Saikaew
Piyasak Duangbunditkun

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
First Subscription 30,000,000 THB
Next subscription 10,000,000 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 (Currently T+1) CIMBT / SCB / KBANK / BAY / TMB / BBL/ LHBANK/ KK/ TBANK

Fee & Charges

Fees to Unitholder (% of Trading Value)*

Front-end fee  None
Back-end fee  None
Switching Fee  None

*Fee included VAT.

Fund Fee (% of NAV)*

Management Fee Not exceed 0.75% (Currently 0.321%)
Trustee Fee Not exceed 0.11% (Currently 0.040%)
Registrar Fee Not exceed 0.22% (Currently Waived)

*as of 1 Sep’18 – 31 Aug’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 Daily Income Fund I (PRINCIPAL iDAILY-I) 0.39 % 0.11 % 0.39 % 1.18 % 1.21 % 11.2857 50.45
Benchmark : 1.70 % 0.27 % 2.34 % 9.98 % 5.66 %
Benchmark :
STGovBond Index 40% + CommercialPaperA-up Index 30% + Avg12MFixed(BBL,KBANK,SCB) 30%