SHARE
This is to notify that the Securities and Exchange Commission has approved the amendment to SCB Global Income Fund (SCBGIN) and SCB GLOBAL INCOME PLUS FUND (SCBGPLUS)’s investment guideline on 28 June 2017 in order to comply with the Capital Market Supervisory Board’s regulation number Tor Nor. 38/2560: Investment of Funds (5th issue) to be effective on 28 June 2017, as follow:
| Subject | Existing | Amendment |
|
Concentration limit |
SCBGIN Investment in units of CIS / Infra / property, each fund no more than 25% of total investment units of such fund. |
Investment in units of CIS / Infra / property of each fund no more than one third of total investment units of such fund. |
| SCBGPLUS Investment in units of CIS, each fund no more than 25% of total investment units of such fund. |
Investment in units of CIS, each fund no more than one third of total investment units of such fund. |
|
| Arrangement when the Fund’s asset is not qualified or investment is not in accordance with the Fund’s limitation (passive breach) | SCBGIN and SCBGPLUS In case investment of the Fund exceeds the limitation for 5 consecutive business days without additional investment, a report of breach must be submit to the SEC and the trustee by the next business day. |
In case investment of the Fund exceeds the limitation for 5 consecutive business days without additional investment, a report of breach must be submit to the SEC and the trustee by the 3rd business day next to such period. |
| SCBGPLUS In case investment of Feeder Fund exceed concentration limit without additional investment, the Fund can continued investment. If the breach can not be resolved by 90 days, no further offering of units is allowed. |
In case investment of Feeder Fund exceed concentration limit without additional investment, the Fund can continued investment. If the breach can not be resolved by 180 days, no further offering of units is allowed. |
For further inquiries, contact SCBAM Call Center at 0 2777 7777 press 0 press 6 during office hour from 8.30 am to 5.00 pm.
Announced on July 5, 2017
SCB Asset Management Co.,Ltd
SCB Global Income Fund (Accumulation)
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)
