Referring to the announcement dated 8th April 2020 on subscription/redemption/switching after IPO period of SCBEQ-SSFX, SCBSET-SSFX and SCB70-SSFX, SCB Asset Management Company Limited (SCBAM) would like to further elaborate the details as listed below.
Starting Date of Subscription/Switching in* | Starting Date of Redemption/Switching out** |
From 9th April – 30th June 2020*** | From 1st September 2020 |
Remark :
* Switching in from other mutual funds managed by SCBAM to the three funds (excluding switching among the Extra share classes).
** Switching out, until further notice, is only available among the Extra share classes.
*** According to the cabinet resolution dated 10th March 2020, the Extra share classes of the Super Saving Funds with maximum tax benefit of THB 200,000 are only open for subscription and switching in from 1st April – 30th June 2020. However, SCBAM will continue to manage the funds and the unitholders can redeem/switch out according to the table above.
Sincerely,
Announced on 9th April 2020
SCB Asset Management Co., Ltd.,
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)