SHARE
| Subject | Existing | New |
| Fund Type | Feeder Fund | Fund of Funds |
| Investment Policy | SCBINNO (the Fund) focus on the investment in foreign mutual fund “ARK Innovation ETF (ARKK)” (Master Fund), actively managed Exchange Traded Fund (ETF) managed by ARK Investment Management LLC., the Fund shall invest in US dollar. The Master Fund will invest at least 65% of NAV in security of US companies and other countries having business related to disruptive innovation. The Fund will have an average net exposure in investment units of the Master Fund, in an accounting period not less than 80 % of the Fund’s NAV. |
The Fund has a policy to invest in investment units of foreign funds such as CIS and/or ETF that mainly invest in securities of companies having business related to disruptive innovation. The Fund will have an average net exposure in investment units of foreign funds having characteristics as mentioned above, in an accounting period not less than 80% of the Fund’s NAV and will invest at least 2 foreign funds, with an average investment in each fund not exceeding 79% of NAV in any accounting period. Investment Proportion in investment units of foreign mutual funds depends on the discretion of the fund manager. |
| Benchmark |
The Master Fund’s performance: 100% |
Fund performance of ARK Innovation ETF : 70% and fund performance of HAN-GINS Tech Megatrend Equal Weight UCITS ETF : 30% |
| Management Style | SCBINNO expects performance to be in accordance with the Master Fund, whereas the Master Fund aims to achieve higher performance than the Benchmark Index (Active Management). | SCBINNO aims to achieve higher performance than the Benchmark Index (Active Management) |
The advantages of the change will help to streamline the portfolio management. However, this change will have no impact to SCBINNO’s investment policy because ARK Innovation ETF (ARKK) has been one of the existing funds.
You may contact Client Relations 0-2777-7777 ext. 0 ext. 6 during business days between 08.30 – 17.00 for any further inquiries.
Announced on 16 May 2023
SCB Asset Management Company Limited
SCB PLATINUM GLOBAL OPEN END FUND (Accumulation)
SCB LOW VOLATILITY EQUITY FUND (Dividend)
SCB LOW VOLATILITY EQUITY FUND
(Accumulation)
SCB LOW VOLATILITY EQUITY FUND (Super Savings Fund)
SCB Low Volatility Equity RMF
SCB Global Robotics Fund (Accumulation)
SCB Thai Equity CG Fund (Accumulation)
SCB DHANA ANANTA OPEN END FUND (Accumulation)
