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SCB Asset Management Company Limited (SCBAM) would like to inform the unitholder that SCB EUROPEAN EQUITY FUND (SCBEUEQFUND) and SCB EUROPEAN EQUITY RMF (SCBRMEU) has been approved by the Securities and Exchange Commission Office on the Master Fund change. Such change will be effective from 19 July 2024 onwards per following details.
| Subject | Existing | New |
| Master Fund |
iShares STOXX Europe 600 (DE) ISIN: DE0002635307 Fund Type: Exchange Traded Fund (ETF) Management Company: BlackRock Asset Management Deutschland AG Listed Exchange: Exchange Electronic Trading (Xetra) Base Currency: Euro Investment Policy: The Master Fund seeks to track the performance of STOXX Europe 600 index by investing in the constituent stocks of the index. Benchmark: STOXX Europe 600 Index Management Fee and Other Expenses: 0.20% |
AMUNDI STOXX EUROPE 600 ISIN: LU0908500753 Fund Type: Exchange Traded Fund (ETF) Management Company: Amundi Luxembourg S.A. Listed Exchange: Deutsche Börse
Base Currency: Euro Investment Policy: The Master Fund seeks to track the performance of STOXX Europe 600 index by investing in the constituent stocks of the index. Benchmark: STOXX Europe 600 Index Management Fee and Other Expenses: 0.07% |
The AMUNDI STOXX EUROPE 600 aims to closely track the performance of STOXX Europe 600 Index similar to the existing Master Fund with significantly lower total expense ratio. The new Master Fund is also able to track the underlying index more efficiently based on historical performance. SCBAM believe this change will be best benefited to unitholders and overall performance of SCBEUEQFUND and SCBRMEU in long term.
You may visit SCBAM’s website for more details of the Master Fund or contact Client Relations 0-2777-7777 during business days between 08.30 – 17.00 for any further inquiries.
Announced on 2 July 2024
SCB Asset Management Company Limited
SCB LOW VOLATILITY EQUITY FUND (Dividend)
SCB LOW VOLATILITY EQUITY FUND
(Accumulation)
SCB Low Volatility Equity RMF
SCB Global Equity Absolute Return Fund (Accumulation)
SCB Mixed – Spicy Fund (Accumulation)
SCB Income Fund (Accumulation)
SCB Income Fund (Auto Redemption)
SCB Global Robotics Fund (Accumulation)
