Principal Property Income Fund R (PRINCIPAL iPROP-R)

Dividend/Auto-Redemption History

Period XD Dividend/Auto-Redemption Payment (Baht/Unit)
1 0.11
2 0.10
3 0.12
4 0.10
5 0.20
6 0.22
7 0.25
8 0.22
9 0.22
10 0.21
11 0.21
12 0.21
13 0.21
14 0.20
15 0.20

Fund Details

This fund is concentrated in the property sector. Therefore, if there are negative factors that affect the investment, Investors may lose a lot of money.

Fund Name (Short) PRINCIPAL iPROP-R Risk Level 8 (Very High Risk)
Inception Date 17 February 2012 Fund Type  Fund of Funds, Alternative, Sector Fund
Registered fund size 30,000 Million THB Foreign Investment Policy Yes (≤79%)
Foreign exchange rate According to the discretion of fund manager
Dividend Policy
  • Consider to pay not more than 12 times a year (Only PRINCIPAL iPROP-D),
    Asset Management Company will consider to pay dividend at least once every year for in line with the Notification of the SEC No. Sor Nor. 15/2556 Re: Rules, Conditions and Procedures for Management of Funds(No. 11)
    (Please study more details of dividend payment criteria in the fund prospectus)
Investment Policy 
  • The fund’s policy is to mainly invest in securities or financial instruments in the property sector for both onshore and offshore by
        1) The fund will mainly invest in unit trust of Property Funds that listed on the Stock Exchange or unit trust or Real Estate Investment Trusts (REITs) (Property Fund), Exchange Traded Fund that focus on investment in instruments of Property funds (REITs ETF), unit of Infrastructure Fund which is in the Property Sector (Infrastructure Fund) including other instruments that grant the rights to acquire those certain instruments or group of the instruments, both onshore and offshore.
        2) Listed stocks in property sector or in sector that its characteristic equivalent to the property sector, including other instruments or financial contracts that having rights to obtain the stocks or provide benefits to those stocks, that according to the fund manager’s discretion and/or receive return referring to the stocks/groups of the stock, according to the discretion or fund manager and/or
        3) Structured note that provide returns based on securities or securities index or any instruments which related to property sector or in sector that its characteristic equivalent to the property sector, both onshore and offshore, such as the structured note that provide return referring to PFUND Index performance, the structured note that provide return referring to Starhill Global REIT’s performance, the structured note that provide return referring to property’s income etc.
     
  • In this regards, the fund will invest in or hold securities or instruments in property sector that have been mentioned in clause 1-3 at average of fiscal year not less than 80% of NAV.
     
  • And the fund must invest via units of CIS, units of Infrastructure fund or units of Property fund both onshore and offshore at average of fiscal year not less than 80% of NAV.
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote 
  • Viriya Phokaisawan
  • Paniti Jittriphot
  • Waroon Saptaweekul
  • Thana Sheanakul
  • Prapot Uancharoenkul

Purchase/ Redemption

Subscription Period Every business day from bank business hours to 3.30 pm
Minimum Subscription 1,000 THB
Redemption Period Not more than 12 times a year by transfer the redemption money to subscribe PRINCIPAL TREASURY fund for whole amount.
Minimum Redemption Not defined
Minimum Balance Not defined
Redemption Policy Within 5 business days from NAV calculation date (NAV Annouce T+1)
(Settlement T+5, CIMBT at 11.30 a.m. Other Banks at 1.00 p.m.)

Fee & Charges

Fees to Unitholder (% of Trading Value)*
Front-end fee  Not exceed 1.07% (Currently 1.00%)
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  1.07% (Currently 0.8562%)
Trustee Fee Not exceed 0.11% (Currently 0.0401%)
Registrar Fee Not exceed 0.54% (Currently 0.3211%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  • Principal TH Application
  • CIMB Thai Bank Public Company Limited
  • Krungthai Bank PCL (UHN clients only)
  • Bank of Ayudhya Public Company Limited
  • Land and Houses Bank Public Company Limited
  • TMBThanachart Bank Public Company Limited
  • Government Savings Bank
  • Muang Thai Life Assurance PCL
  • Advance Life Assurance Public Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • KT ZMICO SECURITIES Company Limited
  • KTB Securities (Thailand) Public Company Limited
  • Maybank Kim Eng 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

Distribution Channel

  • KASIKORN Securities Public Company Limited
  • Country Group Securities Public Company Limited
  • CGS-CIMB Securities (Thailand) Company Limited
  • Trinity Securities Group
  • Thanachart Securities Public Company Limited
  • Bualuang Securities Public Company Limited
  • Finansia Syrus Securities Public Company Limited
  • Finansa Securities 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
  • Finnomena
  • Phillip Life Co.,Ltd
  • Ascend Wealth Co.,Ltd

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 Property Income Fund R (PRINCIPAL iPROP-R) 1.32 % 2.45 % 8.02 % -1.23 % 2.26 % 3.79 % 7.70 % 18.4962 1098.72
Benchmark : 6.86 % 4.61 % 13.00 % 5.12 % 3.86 % 5.73 % 10.00 %
Benchmark :
SET PF&REIT TRI Index 50% + FSTREI TRI Index (THB) 25% + FSTREI TRI Index adjusted with FX hedging cost 25%