Principal wins ‘Best Mutual Fund of the Year’ award, says it’s a tribute to its efficiency

Principal Asset Management Co Ltd has won the Best Mutual Fund of the Year 2021 honour at the Money & Banking Magazine Awards in the “RMF Fixed Income Fund” category for the outstanding performance of its product, Principal FIRMF.

Jumpon Saimala, Chief Executive Officer of Principal Asset Management Co Ltd, said that the company’s policy focuses on managing funds to generate outstanding returns for investors.

Principal Asset Management Co Ltd is a subsidiary of global financial investment management giant Principal Financial Group, which is listed in the Fortune 500 and is traded on the Nasdaq. Its headquarters is in the United States.

“As Principal Financial Group has expertise in investment management for the long term, such as the large pension fund, it could display its proficiency in investment. It is also Principal’s DNA to receive this award,” Jumpon said.

“We are proud to win this award because the fund not only generates good returns for investors and RMF [retirement mutual fund], it also aims to appreciate funds for after retirement, which is important.

“Winning the Best Mutual Fund of the Year 2021 award reflects our expertise and efficiency in mutual fund investment. The criteria for this award included total returns, volatility of daily prices, and average performance of the fund investment company. It is also in line with the current investment climate that we must take into account the risks in investment, not just the returns.”