Principal Core Fixed Income Fund for Provident Fund (PRINCIPAL iFIXEDPVD)

Dividend/Auto-Redemption History

Fund Details

Fund Name (Short)PRINCIPAL iFIXEDPVDRisk Level4 (Low to Moderate Risk)
Fund Type Fixed Income FundInception Date16 August 2019
Registered fund size10,000 Million THBForeign Investment PolicyYes (≤79%)
Foreign exchange rateNot less than 90%Dividend PolicyNone
Investment Policy 
  • The fund has a policy to invest in or hold debt instruments, financial instruments and/or deposits offered for sale both onshore and offshore issued by 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 investment grade only. The fund will invest in foreign market not more than 79% of the net asset value of the fund
Fund Manager  
  • Supakorn Tulyathan
  • Verayuth Halilamien
  • Nick Sriveeravanichkul
  • Temduean Patjanjun
  • Phatrabhorn Wongthaveepkij 

Purchase/ Redemption

Subscription PeriodEvery business day from bank business hours to 3.30 pm
Minimum Subscription1 THB
Redemption PeriodEvery business day from bank business hours to 3.00 pm
Minimum RedemptionNot defined
Minimum BalanceNot defined
Redemption PolicyWithin 5 business days (NAV Announce T+1)
(Settlement T+2, 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 0.54% (Waived)
Back-end fee Not exceed 0.54% (Waived)
Switching FeeAccording to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management FeeNot exceed1.07% (Currently 0.514%)
Trustee FeeNot exceed 0.11% (Currently 0.039%)
Registrar FeeNot exceed 0.54% (Waived)
*Fee included VAT, Brokerage Fee excluded VAT.

Disclaimer

Investors should understand product characteristics (mutual funds), conditions of return and risk before making an investment decision.

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 Core Fixed Income Fund for Provident Fund (PRINCIPAL iFIXEDPVD) 2.62 % 1.07 % 1.71 % 3.69 % 1.64 % 1.56 % 1.55 % 10.8219 11526.24
Benchmark: 2.04 % 0.86 % 1.19 % 2.94 % 1.28 % 1.41 % 1.41 %
Benchmark :
GovBond 1-3Yrs Index 50% MTMCorpA-up 1-3Yrs Index 25% Avg12MFixed 25%
Standard Deviation Performance 0.41 % 0.40 % 0.45 % 0.40 % 0.81 % 0.84 % 0.59 %
Standard Deviation Benchmark 0.36 % 0.27 % 0.38 % 0.34 % 0.79 % 0.69 % 0.44 %