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The option component of the Fund that linked to the Nikkei 225 (NKY index) of SCB Double Structured Complex Return 1YH Not for Retail Investors (SCBDSHARC1YH) is considered knock-out due to the changes in Nikkei 225 (NKY index) has reached 17.39% which over the trigger point at 15%. Please note that the initial of index, date on 28th February 2023 was 27,445.56 while the closing price on 5th June 2023 was 32,217.43. As a result, the Fund enters the condition for paying rebates as follows.
| Conditions | Principal and Expected Return at Fund Maturity |
|
Change in underlying index level on any business day during the Fund tenure > 15% underlying index level on issue date. |
Receive return from investments in fixed income, cash and money instruments + Rebates payout from investment in the option Rebate payout from investment in the option = Rebate Rate 0.25% x Notional value of the option |
The unitholders will therefore receive principal and returns according to such conditions as specified in the Fund prospectus on Maturity date.
Announced on 6 June 2023
SCB Asset Management Company Limited
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)
