Principal Global Commodities Fund C (PRINCIPAL GCF-C)

Dividend/Auto-Redemption History

Fund Details

High Risk or Complex Mutual Funds

Fund Name (short)PRINCIPAL GCF-CRisk Level8 (Very High Risk)
Fund Type Feeder Fund, AlternativeInception Date2 February 2007
Registered fund size3,000 Million THBForeign Investment PolicyYes
Foreign exchange rateAccording to the discretion of fund manager
Dividend Policy
  • Consider to pay not more than once a year.
    (Please study the details of dividend payment conditions in the prospectus)
Investment Policy 
  • Principal Global Commodities Fund has a policy to invest mostly in the fund units of only one foreign fund (feeder fund) such as the Merrill Lynch MLCX Commodity Enhanced Beta Fund, which has a policy to invest in debt or equity instruments that are operated in any way in order to create a fund performance that is close to the return on investment in the commodity index. Merrill Lynch Commodity Index eXtra 03 (MLCX03 Index) by Merrill Lynch MLCX Commodity Enhanced Beta Fund is a sub-fund under the management of Merrill Lynch Investment Solutions, Luxembourg, which has an umbrella structure with a variable capital structure. Merrill Lynch Investment Solutions is authorized to be established by Luxembourg regulator - Commission de surveillance du secteur financier (CSSF) type UCITS, which meets the latest rules of the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2010. The master fund is managed by Merrill Lynch International (MLI), a sub-wholly owned by Bank of America Corporation.
Fund Manager  
  • Supakorn Tulyathan
  • Woraphot Kunaprasit
  • Pancharas Siwarapornsakul
  • Nantanach Kitichalermkiat
  • Witthaya Chancharuschote

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 3.30 pm
Minimum RedemptionNot defined
Redemption PolicyWithin 5 business days from NAV calculation date (NAV Announce T+3)
(Settlement T+4, 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 feeNot exceed 3.21% (Currently 1.07%)
Back-end feeNot exceed 2.14% (Waived)
Switching FeeAccording to the conditions of sale and redemption of investment units
Fund Fee (% of NAV)*
Management FeeNot exceed 0.27% (Currently 0.268%)
Trustee FeeNot exceed 0.06% (Currently 0.036%)
Registrar FeeNot exceed 0.11% (Currently 0.107%)
*Fee included VAT, Brokerage Fee excluded VAT.

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 Global Commodities Fund C (PRINCIPAL GCF-C) 2.37 % 0.01 % -5.16 % -0.82 % -1.39 % 9.2465 75.13
Benchmark: 3.56 % 0.40 % -4.64 % 0.72 % -0.04 %
Benchmark :
MLCX03TR Index adjusted with FX hedging cost 85% MLCX03TR Index (THB) 15%
Standard Deviation Performance 11.54 % 13.77 % 12.73 % 11.91 % 12.63 %
Standard Deviation Benchmark 11.85 % 14.31 % 13.16 % 12.21 % 12.87 %