SHARE
This is to notify that the Securities and Exchange Commission has approved the amendment to the Investment guideline of the above mentioned Funds on 10 May 2018, regarding the purchase of unit linked product and share classes (SCBGEQ and SCBEMEQ), to be effective on 1 June 2018. The purpose is to provide an alternative to unitholders, details are as follows:
SCBGEQ and SCBEMEQ : adding information of the purchase of unit linked product and share classes
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Fund abbreviation |
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Share classes (existing unitholders will be in Dividend Class: SCBGEQ/SCBEMEQ) |
The Fund is divided into four classes of investment units:
Suitable for individual, group of individuals, juristic person or institution seeking capital gain. This share class will initially be limited to unitholders who are SCBAM’s private fund and/or provident fund clients until further notice. |
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Minimum amount for subscription, redemption and account balance |
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| Redemption of investment units |
The redemption method is divided into 2 types : |
Other sections in the investment guideline that shall be amended in relation to share classes include Definitions, subsequent offering, redemption of units, switching of units, dividend payment, Fees and Expenses charged to the Fund and the Purchaser or the Unitholder, Calculation Method, Calculation period, AUM, NAV and fund price announcement, Procedures when NAV is calculated incorrectly, Procedure when seeking approval from unitholders and Procedure to amend or change the investment guideline.
SCBGEQ SCBEMEQ and SCBGOLDHFUND
| Redemption payment | Add information about the redemption of funds: redemption payment will be paid within 5 business days from the date of calculation of asset value, nav per unit, selling and redemption price of investment unit of such Redemption Date by not include holidays in foreign countries. The Management Company will announce the offshore holidays through our website. And the website of the selling agents (if any). |
SCBGEQ SCBEMEQ SCBGOLDHFUND and SCBMSEFUND
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Others: Adding information of the purchase of unit linked |
To provide an alternative to unitholders to purchase unit linked product or so-called: life insurance policy with mutual fund. The life insurance company will take the money of unitholders who purchase the life insurance policy to invest in such funds. The unitholders who want to invest through the channel of unit linked product have to contact the insurance company or its agents directly. |
The name of insurance company and investment conditions will be announced through SCBAM’s website at www.scbam.com prior to the opening of the service.
Kindly be informed that the above changes do not affect your rights as the fund’s unitholders in any way. For more information, please do not hesitate to contact our Investment Advisory Department at 02-777-7777, press 0 and then 6 during 08.30 to 17.00 or visit our website at www.scbam.com .
Announced on May 18, 2018
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)
