Changes of benchmarks to reflect amendments of The Revenue Code Amendment Act (No. 52) B.E. 2562 of 21 funds

13 September 2019

       According to The Revenue Code Amendment Act (No. 52) B.E. 2562, effective 20 August 2019, investments in fixed income through mutual funds are subject to income tax for individual unitholders.

       Therefore, SCB Asset Management Company Limited will change benchmarks of funds that have exposure in fixed income to reflect after tax return starting 20 September 2019.

       For more information, please contact us at 02-777-7777 press 0 press 6 on business days during working hours or visit www.scbam.com.

List of relevant funds’ benchmarks

SCB RETIREMENT YEAR 2566 (SCB2566) SCB Short Term Fixed Income Fund (SCBSFF)
SCB RETIREMENT YEAR 2576 (SCB2576) SCB Short Term Fixed Income Plus Fund (SCBSFFPLUS)
SCB RETIREMENT YEAR 2586 (SCB2586) SCB SMART PLAN 2 OPEN END FUND (SCBSMART2FUND)
SCB Fixed Income Fund (SCBFIXED) SCB SMART PLAN 3 OPEN END FUND (SCBSMART3FUND)
SCB Flexible Fund (SCBFLX) SCB SMART PLAN 4 OPEN END FUND (SCBSMART4FUND)
SCB FIXED INCOME PLUS FUND (SCBFPFUND) SCB SMART TRADE 555 FUND A (SCBST555A)
SCB RETIREMENT FIXED INCOME OPEN END FUND (SCBRF) SCB SMART TRADE 555 FUND B (SCBST555B)
SCB SMART LONG TERM EQUITY FUND (SCBLTS) SCB Thai Equity Trigger Fund (SCBTG)
SCB MULTI INCOME PLUS FUND (SCBMPLUS) SCB TREASURY MONEY OPEN END FUND (SCBTMF)
SCB DIVIDEND STOCK 70/30 LONG TERM EQUITY FUND (SCBLT1) SCB TREASURY MONEY PLUS OPEN END FUND (SCBTMFPLUS)
SCB INCOME PLUS FUND (SCBPLUSFUND)  

 

    

Announced on 13 September 2019
SCB Asset Management Company Limited

SCBAM

Suggested Fund

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBGEARA

SCB Global Equity Absolute Return Fund (Accumulation)

SCBGMLA

SCB Global Machine Learning Equity (Accumulation)

SCBINCR

SCB Income Fund (Auto Redemption)

SCBOPPR

SCB Credit Opportunities Fund
(Auto Redemption)

SCBGINR

SCB Global Income Fund (Auto Redemption)

SCBAPLUS

SCB Asia Pacific Income Plus Fund (Not for Retail Investors) (Auto Redemption)

SCBGINA

SCB Global Income Fund (Accumulation)