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The option component of the Fund that linked to the price of gold spot XAUUSD of SCB Double Structured Complex Return 1YG Not for Retail Investors (SCBDSHARC1YG) is considered knock-out due to the changes in gold spot has reached 12.28% which over the trigger point at 12%. Please note that the initial of XAUUSD, date on 22nd March 2023 was $1,939.64 per troy ounce while the closing price on 11st March 2024 at 3:00 p.m. Tokyo Japan time was $2,177.92 per troy ounce. As a result, the Fund enters the condition for paying rebates as follows.
| Conditions | Principal and Expected Return at Fund Maturity |
|
Change in underlying asset level on any business day during the Fund tenure > 10% underlying asset 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) x Change in currency |
The unitholders will therefore receive principal and returns according to such conditions as specified in the Fund prospectus on Maturity date.
Announced on 12 March 2024
SCB Asset Management Company Limited
SCB LOW VOLATILITY EQUITY FUND
(Accumulation)
SCB Global Equity Absolute Return Fund (Accumulation)
SCB Global Machine Learning Equity (Accumulation)
SCB Income Fund (Auto Redemption)
SCB Credit Opportunities Fund
(Auto Redemption)
SCB Global Income Fund (Auto Redemption)
SCB Asia Pacific Income Plus Fund (Not for Retail Investors) (Auto Redemption)
SCB Global Income Fund (Accumulation)
