Principal Enhanced Property and Infrastructure Flex Income Fund C (PRINCIPAL iPROPEN-C)

Dividend/Auto-Redemption History

Fund Details

Fund Name (Short) PRINCIPAL iPROPEN-C Risk Level 8 (Very High Risk)
Inception Date 26 November 2019 Fund Type  Alternative Fund, Fund of Funds
Registered fund size 20,000 Million THB Foreign Investment Policy Yes (≤79%)
Dividend Policy None Foreign exchange rate According to the discretion of fund manager
Investment Policy 
  • The fund has domestic and foreign investment policies. Including investment units of property funds and/or real estate investment trust (REITs) and/or infrastructure funds and/or investment units of mutual funds, also Exchange Traded Fund (ETF) and/or units of private equity funds that focus on investment units of property funds or real estate investment trusts (REITs) or infrastructure funds or investing in real estate-related instruments or infrastructure and/or instruments of the property fund/infrastructure fund instruments including any other instruments granting the right to acquire such instruments or groups of such instruments, on average, in the accounting period of not less than 80% of the net asset value of the fund. The fund will invest in foreign countries, on average, in an accounting period not more than 79% of the net asset value of the fund.
     
  • The fund may invest in derivatives to have efficient portfolio management and to prevent the risk of exchange rates (hedging) at the discretion of the fund manager. Which is considered from the condition of the financial market at that time and other relevant factors such as the direction of the securities price, the interest rate direction, the cost of hedging, etc.
     
  • However, if the fund manager considers that exchange rate hedging may not be beneficial to unit holders or causing unit holders to lose benefits that may be received, fund managers may not prevent the risk of exchange rates.
Fund Manager  
  • Supakorn Tulyathan
  • Witthaya Chancharuschote 
  • Viriya Phokaisawan
  • Thana Sheanakul
  • Prapot Uancharoenkul

Purchase/ Redemption

Subscription Period Every business day from bank business hours to 12.00 pm**
Minimum Subscription 1 THB
Redemption Period Every business day from bank business hours to 12.00 pm**
Minimum Redemption Not defined
Redemption Policy Within 5 business days from NAV calculation date (NAV Announce 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 1.605% (Waived)
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 1.605% (Currently 0.963%)
Trustee Fee Not exceed 0.33% (Currently 0.0321%)
Registrar Fee Not exceed 0.54% (Currently 0.321%)
*Fee included VAT, Brokerage Fee excluded VAT.

Distribution Channel

  •  Bangkok Life Assurance PLC

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 Enhanced Property and Infrastructure Flex Income Fund C (PRINCIPAL iPROPEN-C) -16.86 % -7.42 % -12.35 % -15.67 % -15.13 % 8.0537 12.94
Benchmark : -15.45 % -8.10 % -11.97 % -14.08 % -13.10 %
Benchmark :
SET PF&REIT TRI Index 21% + FSTREI TRI Index adjusted with FX hedging cost 17% + FSTREI TRI Index (THB) 3% + AS51PROT Index adjusted with FX hedging cost 25.5% + AS51PROT Index (THB) 4.5% + TREITNTR Index adjusted with FX hedging cost 17% + TREITNTR Index (THB) 3% + HSI 33 Index adjusted with FX hedging cost 7.65% + HSI 33 Index (THB) 1.35%