Dissolution and auto redemption of SCBTG

16 November 2021

            SCB Asset Management Company Limited (SCBAM) would like to notify the dissolution of SCB Thai Trigger (SCBTG), the Fund allows unitholders to redeem and switch out investment units every business day. On 11 November 2021, there were unitholders submitting orders for redemption and switching out of investment units resulting that on 12 November 2021, the number of unitholders was reduced to less than 35 which caused the Fund dissolution condition as specified in the prospectus and in accordance with the regulation prescribed by the Office of the Securities and Exchange Commission.

            SCBAM automatically redeemed all investment units of the Fund on 16 November 2021. The redemption proceeds will be paid according to the channel unitholders have specified and proceed to liquidate the Fund on 18 November 2021. If you choose to receive redemption payment by cheque, SCBAM will send the crossed cheque by registered mail to the address you provided when opening the Fund account

            For more information, please contact our customer relation at 02-777-7777, press 0 and then 6 during 08.30 to 17.00.

            Please be informed accordingly.

 

Announced on 16 November 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)