Principal Property Income Retirement Mutual Fund (PRINCIPAL iPROPRMF)

Dividend/Auto-Redemption History

Fund Details

Support Provident Fund. 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 iPROPRMF Risk Level 8 (Very High Risk)
Inception Date 20 December 2012 Registered fund size 2,000 Million THB
Foreign Investment Policy Yes (≤79%) Dividend Policy None
Foreign exchange rate According to the discretion of fund manager
Fund Type  Alternative Fund, Fund of Funds, Sector Fund, RMF
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
  • 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 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 from NAV calculation date (NAV announce T+1)
(Settlement T+5, 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 1.07% (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 1.61% (Currently 0.8562%)
Trustee Fee Not exceed 0.11% (Currently 0.0321%)
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
  • Bank of Ayudhya Public Company Limited
  • Land and Houses Bank Public Company Limited
  • Government Savings Bank
  • TISCO Bank Public Company Limited
  • Muang Thai Life Assurance PCL
  • Rabbit Care Broker Company Limited
  • KGI Securities (Thailand) Public Company Limited
  • Krungthai XSpring Securities Co., Ltd.
  • KTB Securities (Thailand) Public Company Limited
  • Maybank 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
  • KASIKORN Securities Public Company Limited
  • Pi Securities Public Company Limited

Distribution Channel

  • 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
  • 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
  • Treasurist Mutual Fund Brokerage Securities Co.,Ltd
  • Pine Wealth Solution Securities Company Limited
  • ASL Securities Company Limited

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 Retirement Mutual Fund (PRINCIPAL iPROPRMF) -4.81 % -3.08 % 2.65 % -5.86 % -4.46 % 2.89 % 4.85 % 15.7556 1395.38
Benchmark : -3.82 % -3.05 % 3.28 % -3.22 % -2.79 % 3.96 % 6.90 %
Benchmark :
SET PF&REIT TRI Index 50% + FSTREI TRI Index (THB) 7.5% + FSTREI TRI Index adjusted with FX hedging cost 42.5%