Notification of Change of Benchmark Index , NAV calculation/notification period, switching out/the redemption payment period of SCB2566, SCB2576 and SCB2586

10 February 2021

         SCB Asset Management Company Limited (the Management Company) would like to notify unitholders that the Management Company has obtained an approval from the Securities and Exchange Commission of Thailand on 5th February 2021 to amend the Benchmark Index, used for comparison of the Funds’ performance, of SCB2566, SCB2576 and SCB2586 to correspond with the Funds’ investment strategy which shall invest in foreign assets. The details of the amendment are as follows:

Existing New
Benchmark SCB2566 SCB2576 SCB2586
1. SET TRI 22% 48% 82%
2.ThaiBMA Government Bond 1-3 Year Index Net Total Return 39% 26% 9%
3.Short-term Government Bond Index 39% 26% 9%
Benchmark SCB2566 SCB2576 SCB2586
1. ThaiBMA Government Bond 1-3 Year Index Net Total Return 45% 24% 6.25%
2. Short-term Government Bond Index 45% 24% 6.25%
3. SET TRI 2% 12% 20%
4. PF&REIT Total Return Index 1% 2.50% 3.75%

5. MSCI World Net Total Return USD Index

(Adjusted with the cost of Fx hedging to calculate the return in baht currency on the investment date)		 6% 35% 60%

6. FTSE Straits Times REIT Index
(Adjusted with the cost of Fx hedging to calculate the return in baht

currency on the investment date)		 1% 2.50% 3.75%

          Therefore, to be in accordance with the investment strategy of the Funds, the Management Company needs to change the period for calculation, notification of Net Asset Value, Net Asset Value per unit and unit price as well as change of switching out and the redemption payment period, details as follows:

  • Change of the period for calculation, notification of Net Asset Value, Net Asset Value per unit and unit price
subject existing New

Calculation / notification of Net Asset Value, Net Asset Value per unit and unit price

T / T+1

T+2 / T+3
  • Change of switching out and the redemption payment period
subject existing New

Switching out date / Redemption payment date

T+2 / T+3

T+4 / T+5

Note: T = subscription / redemption /switching date

         The amendments will be effective from 22nd February 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.

         Please be informed accordingly.

 

Announced on 10th  February 2021
SCB Asset Management Company Limited

SCBAM

Suggested Fund

SCBLEQ

SCB LOW VOLATILITY EQUITY FUND (Dividend)

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBRMLEQ

SCB Low Volatility Equity RMF

SCBGEARA

SCB Global Equity Absolute Return Fund (Accumulation)

SCBSPICYA

SCB Mixed – Spicy Fund (Accumulation)

SCBINCA

SCB Income Fund (Accumulation)

SCBINCR

SCB Income Fund (Auto Redemption)

SCBROBOA

SCB Global Robotics Fund (Accumulation)