Notification of Amendment to the Mutual Fund Scheme : Change of Master Fund / Switch out and Redemption Payment Date of SCBS&P500FUND SCBRMS&P500

4 August 2021

          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 August 3rd, 2021 to change the Master Fund of SCBS&P500FUND and SCBRMS&P500 as the new Master Fund has a similar investment policy, can generate performance close to the benchmark but there are lower fees and total annual expenses that is beneficial to the investors and has an opportunity to generate return in long term, including other amendments related to the new Master Fund and change the period of switching out and redemption payment date to be in line with the new Fund. The details
are as follows:

Master Fund

  Existing New
Name of the master fund SPDR S&P 500 ETF Trust iShares Core S&P 500 ETF
Management Company State Street Global Advisors BlackRock Fund Advisors
Inception date 22 January 1993 15 May 2000
Total Annual Expense Ratio
(per annum of NAV)
0.0945%  0.03%


SCBS&P500FUND และ SCBRMS&P500

  Existing New
Switching out date / Redemption payment date T+3 / T+4 T+2 / T+3
Receiving management fees back from the Master Fund (SCBS&P500FUND) No information In the event that the Master Fund partially refunds the management fee for compensation due to the Fund's investment in the Master Fund (Loyalty Fee or Rebate), the Management Company will make such money become assets. of the Fund

Note: T = subscription / redemption /switching date

          However, amendments to Investment Guidelines in other matters to comply with the SEC’s Notification, namely the initial amount of project capital, types of assets to be invested , ratio of investment in securities or other assets, channel for offering during IPO and after IPO, redemption of investment units, switching and the cessation of selling or redemption of investment units

          This will be effective from August 23rd, 2021 onwards. Unitholders may contact Customer Relations at Tel. 0-2777-7777 ext. 0 ext. 6 during business days between 08.30 – 17.00 for any further inquiry.

 

Announced on 4th August 2021
SCB Asset Management Company Limited

SCBAM

Suggested Fund

SCBPGF

SCB PLATINUM GLOBAL OPEN END FUND (Accumulation)

SCBLEQ

SCB LOW VOLATILITY EQUITY FUND (Dividend)

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBLEQ-SSF

SCB LOW VOLATILITY EQUITY FUND (Super Savings Fund)

SCBRMLEQ

SCB Low Volatility Equity RMF

SCBROBOA

SCB Global Robotics Fund (Accumulation)

SCBTHAICGA

SCB Thai Equity CG Fund (Accumulation)

SCBDA

SCB DHANA ANANTA OPEN END FUND (Accumulation)