FAQ

Contact the SCBAM Call Center at Tel: 02-777-7777 press 0 and press 6

Fund prices or NAV may be obtained from the following sources:

  1. Contact the SCBAM Call Center at Tel: 02-777-7777 press 0 and press 6
  2. Check listings in the newspaper
  3. Visit the website of SCB Asset Management Co., Ltd. (www.scbam.com )
  1. Initial subscription will have an offering price at par, which is normally 10 baht per unit (plus a purchase fee, if applicable).
  2. For regular transactions, the transaction price of the units will be disclosed on the following day or T+1. Investors will not know the exact transaction price in advance, but may use the latest price as reference (latest price is of the prior working day).

You can contact any conveniently located branch of the Siam Commercial Bank to submit the form requesting the change in mailing address. Submit a certified true copy of your ID as supporting document to request the amendment.​

For SCB Foreign Note Open End Funds, SCBAM will hedge against foreign exchange risks. Therefore, the value of the closing NAV per unit will be determined from the value of the foreign securities held plus the value of the foreign exchange hedging contract in the secondary market, in order to reflect the proper value of the units and to provide an indicative price of the value of the units at each interval. Unitholders can continue to expect the rate of return which has been indicated in the fund prospectus prepared by SCBAM.

SCBAM presently offers investors a selection of 6 LTF funds. Each has a unique investment policy as described below

 

Fund Symbol Investment Policy Dividend Policy
1. SCB SMART LONG TERM EQUITY FUND SCBLTS Investment portfolio is approximately 65% equities, 28.5% fixed income, and 3.5% SET 50 Index Futures. No dividend payment
2. SCB DIVIDEND STOCK 70/30 LTF SCBLT1 Invest in fundamentally strong dividend paying stocks, averaging no more than 70% of the net asset value of the fund. Pays dividends
3. SCB STOCK PLUS LTF SCBLT2 Invest in fundamentally strong dividend-paying stocks. No dividend payment
4. SCB MAI STOCK LTF SCBLT3 Invest in fundamentally strong stocks that are listed on the SET and MAI. No dividend payment
5. SCB INTER LONG TERM EQUITY FUND SCBLT4 Investment portfolio is approximately 70% Thai equities and 25% foreign equities. Pays dividends
6. SCB TARGET LONG TERM EQUITY FUND SCBLTT Invest in fundamentally strong Big Cap Stocks and Small Cap Stocks listed on the SET and MAI. Pays dividends

 

SCBAM presently offers investors a selection of 4 RMF funds. Each has a unique investment policy as described below

 

Fund Symbol Investment Policy Investor
1. SCB SHORT TERM FIXED INCOME RMF SCBRM1 Invest in short term government debt or high quality corporate debt with an aim of achieving returns that are similar to cash deposits. Investors approaching retirement will appreciate the fund’s low volatility.
2. SCB GOVERNMENT BOND RMF SCBRM2 Invest in government bonds or debt instruments guaranteed by the Ministry of Finance averaging at least 50% of the net asset value of the fund.  Potential returns are higher than cash deposits and principal is very secure. Investors requiring principal protection but with returns that are higher that cash deposits over the medium or long term.
3.  SCB FLEXIBLE FUND RMF SCBRM3 The fund’s investment portfolio is diversified, consisting of equities listed on the stock exchange and fixed income instruments.  Allocation varies to fit the prevailing investment climate. Investors aiming for high returns over the medium or long term, from returns generated by investing in both the equities and fixed income.
4. SCB EQUITY RMF SCBRM4 Invest in equities with strong fundamentals and good liquidity.  The fund aims to generate returns that correlate with the SET 50 Index and expect to earn long term gains by investing in equities. Investors looking to generate high returns over the long term and able to accept the short term risks inherent in equity markets.
5. SCB GOLD THB HEDGED RMF SCBGOLDHRMF Core investment in the investment units of the foreign mutual fund namely “SPDR Gold Trust” listed in Singapore, the average investment in an accounting year in such foreign fund will be of not less than 80% of the fund’s net asset value.  
6. SCB SET50 INDEX RMF SCBRMS50 The fund will invest in equities listed on the Stock Exchange of Thailand which are in constituent stocks of SET50 Index.  
7. SCB GLOBAL WEALTH RMF SCBRMGW The Fund has policy to invest in or to acquire the investment units of foreign fund and/or foreign ETF, for instance, foreign debt instrument, foreign equity instrument fund, commodities fund, etc. by diversifying the investment in investment units of such foreign funds according to the Fund’s Manager discretion.  
8. SCB GLOBAL WEALTH PLUS RMF SCBRMGWP The Fund has policy to invest in or to acquire the investment units of foreign fund and/or foreign ETF, for instance, foreign debt instrument, foreign equity instrument fund, commodities fund, etc. by diversifying the investment in investment units of such foreign funds according to the Fund’s Manager discretion.  
9. SCB EUROPEAN EQUITY RMF SCBRMEU SCBRMEU has the policy to focus on the investment in only one foreign mutual fund (“Feeder Fund”) whose its average investment per accounting year will be not less than 80 % of the Fund Net Assets Value (NAV).  
10. SCB JAPAN EQUITY RMF SCBRMJP SCBRMJP has the policy to bring the money to invest in the investment units of the Fund Nikkei 225 Exchange Traded Fund (“Master Fund”) which is Exchange Traded Fund (Equity ETF) manage by Nomura Asset Management Co., Ltd. are listed on The Stock Exchange of Tokyo Japan and invest in Japanese Yen.  
11. SCB GLOBAL HEALTH CARE RMF SCBRMGHC SCBRMGHC has the policy to focus on the investment in only one foreign mutual fund (“Feeder Fund”) whose its average investment per accounting year will be not less than 80 % of the Fund Net Assets Value (NAV)  
12. SCB GLOBAL INFRASTRUCTURE RMF SCBRMGIF SCBGIF has the policy to focus on the investment in only one foreign mutual fund (“Feeder Fund”) whose its  average investment per accounting year will be not less than 80 % of the Fund Net Assets Value (NAV).  

 

  • Funds with a Fund Book service, unitholders may either choose to receive a Fund Book or obtain a Unitholder Certificate (a certificate of ownership) . Note that unitholders opting for a Fund Book will not receive a Unitholder Certificate.
  • Term Funds (Close End Funds) may either choose to receive a Fund Book or obtain a Unitholder Certificate (a certificate of ownership) . Note that unitholders opting for a Fund Book will not receive a Unitholder Certificate
  • Unitholders will receive a Unitholder Certificate within 7 working days (after the transaction was made).

For funds without Fund Book Service, unitholders will receive a Unitholder Certificate

At any branch nationwide

  • Open End Funds may be transacted anytime during bank operating hours from 8.30 – 15.30 (except the SCBAEM Fund which may be transacted only during 8.30 - 13.00)
  • Term Funds, which are funds with fixed maturities, have designated subscription periods, such as 1-10 January 2009.

Through Electronic Channels (Only open end funds can be transacted)

  • SCB Easy Fund (www.scbeasy.com) from 6.00 – 16.00. No transactions permitted after 16.00 (except for SCBSET Fund which may be transacted from 6.00 – 15.30 only and SCBAEM Fund which may be transacted from 6.00 – 13.00 only)
  • ATM can be used to transact the following funds: SCBSFF ,SCBSET, SCBRMF, SCBLTF, SCBSET 50, SCBGOLD, SCBGOLDH , SCBGLOW

Savings account or checking account at Siam Commercial Bank Public Co., Ltd. The bank account name must match the fund account name.

No. A fund account name cannot be named as joint accounts or consist of a name of a person below legal age. An investor opening a fund account must be at least 20 years old.

There are 2 ways to get started

  1. Apply to open a fund account at any convenient Siam Commercial Bank branch during the bank's operating hours. You will be require to bring the following supporting documents:
    • Certified true copy of ID
    • Certified true copy of House Registration
    • Certified true copy of Siam Commercial Bank savings account passbook (if available)
  2. Fill out the fund account application form which may be downloaded (Click Here) and send this application form along with supporting documents indicated in Method 1 to:

Channel Development Department
SCB Asset Management Co., Ltd.
21st-22nd SCB Park Plaza 3
19 Ratchadapisek Rd.,Chatuchak, Bangkok 10900
Download Form Click Here

Investments in Open End Funds generate returns in two ways

  1. Capital Gains
  2. Dividends, However, dividends received depend on each fund's dividend policy. Investments in unit trusts of fixed income funds will receive returns in the form of interest income and generally contain less risk than investments in unit trusts of equity funds.

Investments in mutual funds contain risks; the amount of risk or type of risk vary depending on the investment policy of each particular fund (for description of a fund's risks please see the Fund Prospectus).

 

Private Fund fees include the following

  1. Management Fee that vary according to fund size and the investment policy selected by the client.
  2. Trustee Fee that vary according to fund size and financial institution chosen by the client.

The following are key components comprising a Private Fund

  1. The Investor who is the owner and titleholder to the assets owned by the fund. The investor is consistently kept informed by the investment management company and the investor will examine to ensure information provided by the investment management company is proper.
  2. An Investment Management Company is a securities company licensed by the Ministry of Finance, possessing qualified staff and operating procedures to mitigate conflict of interests. The investment management company manages the Private Fund in accordance with the investment policy jointly established with the investor. It prepares reporting disclosure on a monthly basis and ensures the investment process is effective.
  3. A Fund Trustee safekeeps the assets belonging to the accounts of the Private Fund. It is a financial institution that has the qualifications established by the SEC and is not associated with the investment management company.
  4. A Private Fund Auditor, having the necessary regulatory requirements, may audit and review the fund's accounts and documents, if the client requires.
  5. The Association of Investment Management Companies, in which every investment management company is a member, establishes the standards and best practices for the fund management industry.
  6. The Securities and Exchange Commission is a government agency established by the Securities and Exchange Act B.E. 2535 (1992) that lays out policies, regulations, guidelines and principles in its role to supervise and regulate the securities industry and its participants.
  7. Marketing Representatives service the Private Fund account belonging to each client, supplying information to the client and liaising with the investment management company. A Marketing Representative provides consultation and advice that is directly applicable to the client for the level of risk acceptable to the client.
  8. Fund Operations prepare reports submitted to the Private Fund client on a monthly basis (or as required by the client), which provides details regarding net asset values, fund performance, investment conditions, portfolio holdings, and transaction details, so that the client will be fully informed of the fund's progress.
  9. Portfolio Managers monitor the economy, investment climate, and formulate investment strategies for the fund, and reports on the past performance of the portfolio.
  1. Fixed Income Funds offer investments in cash deposits, promissory notes, treasury bills, government bonds, corporate debt and many other debt instruments, but these funds will not invest in equities. Their investment policies are low risk in nature.
  2. Balanced Funds provide a mixture of investments in fixed income, equities, and/or derivatives with clearly defined allocation weightings in equities at various levels to cater to clients' varied risk levels.
  3. Flexible Funds invest in both fixed income, equities, and/or derivatives but the allocation weightings in equities are not predetermined. The allocation between fixed income and equities is at the discretion of the portfolio manager.
  4. Equity Funds have an investment policy that focuses on equities such as common stocks, preferred stocks, and stock warrants.
  1. Level of expertise and understanding regarding investing
  2. Money to set aside for investment
  3. Investment objectives and targets
  4. Desired returns and acceptable level of risks
  5. Type of investment and investment horizon
  6. Tax considerations and limitations
  7. Time period expected to generate a return
  8. Personal preferences and limitations