Announcement : Amendments of the SCBEMEQFUND to Changes of the master fund and subscription/redemption/switching order period

3 April 2020

SCB Asset Management Company Limited (SCBAM) would like to notify unitholders that SCBAM has obtained the approval from the Securities and Exchange Commission (the SEC Office) on April 2, 2020 to change the master fund of SCBEMEQFUND as the existing master fund has been underperforming its benchmark which consequently affect SCBEMEQFUND performance and the benefits of unitholders. In addition, the order cut-off time is amended to align with the new master fund.

Details	Existing	New
Master fund name	Schroder ISF QEP Global Emerging Markets share class “A Accumulation”	Fidelity Funds - Emerging Markets Focus share class “Y Accumulation”
Order cut-off time (subscription/redemption/switching)	SCBAM / selling agents From opening hour to 15.30 hrs. Internet Banking Service From opening hour to 16.00 hrs.	From opening hour to 15.00 hrs.
Inception date	29/03/2012	29/09/2014
Benchmark	MSCI Emerging Market NR USD	MSCI Emerging Markets NR USD
Investment Strategy	Bottom-up stock selection Quantitative model Focuses on valuations and quality	Bottom-up stock selection Both quantitative and qualitative analysis Focuses on governance and cashflows
Number of Holdings	More than 300	30-50
Weighting	Max : 1.5%	1-5%