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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 1YB Not for Retail Investors (SCBDSHARC1YB) is considered knock-out due to the changes in gold spot has reached 10.49% which over the trigger point at 10%. Please note that the initial of XAUUSD, date on 27th September 2022 was $1635.96 per troy ounce while the closing price on 5th December 2022 at 3:00 p.m. Tokyo Japan time was $1807.64 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 19 January 2023
SCB Asset Management Company Limited
SCB LOW VOLATILITY EQUITY FUND (Dividend)
SCB LOW VOLATILITY EQUITY FUND
(Accumulation)
SCB Low Volatility Equity RMF
SCB Global Equity Absolute Return Fund (Accumulation)
SCB Mixed – Spicy Fund (Accumulation)
SCB Income Fund (Accumulation)
SCB Income Fund (Auto Redemption)
SCB Global Robotics Fund (Accumulation)
