Waiving front-end fee and switching-in fee for Institutional Investors

19 November 2019

       SCB Asset Management Company Limited (the Management Company) would like to inform you that the front-end fee and switching in fee will be waived for Institutional investors who make direct investments with the Management Company. However, the aggregate amount of transactions during 20th November 2019 to 30th June 2020, for any subscription and/or switching in to the below list of funds has to be at least Baht 50 million per day. The summary of the amendments as follows:     

Funds Current
(% per year of NAV**)
Amendment
(% per year of NAV**)
1. SCB SELECTS EQUITY FUND
(Dividend : SCBSE)
(Accumulation : SCBSEA)
1.07
1.07
waived
waived
2. SCB Mid/Small Cap Equity Fund
(Accumulation : SCBMSE)

1.07

waived
3. SCB DIVIDEND STOCK OPEN END FUND
(Dividend : SCBDV)

0.535

waived
4. SCB Machine Learning Thai Equity Fund
(Accumulation : SCBMLTA)

1.07

waived
5. SCB Thai Equity CG Fund
(Accumulation : SCBTHAICGA)
1.07 waived
6. SCB Thai Equity Fund
(Accumulation : SCBTEQ)
0.535 waived
7. SCB DHANA ANANTA OPEN END FUND
(Accumulation : SCBDA)
1.00 waived
8. SCB PERMPOL MUNKHONG OPEN END FUND
(Accumulation : SCBPMO)
1.07 waived
9. SCB SET BANKING SECTOR INDEX FUND
(Dividend : SCBBANKING)
(Accumulation : SCBBANKINGA)
0.50
0.50
waived
waived
10. SCB SET ENERGY SECTOR INDEX FUND
(Dividend : SCBENERGY)
0.50 waived
11. SCB GLOBAL EQUITY FUND
(Dividend : SCBGEQ)
(Accumulation : SCBGEQA)
0.535
0.535
waived
waived
12. SCB LOW VOLATILITY EQUITY FUND
(Dividend : SCBLEQ)
(Accumulation : SCBLEQA)
1.605
1.605
waived
waived
13. SCB US EQUITY FUND
(Dividend : SCBS&P500)
0.50 waived
14. SCB US SMALL CAP EQUITY FUND
(Accumulation : SCBUSSM)
1.605 waived
15. SCB EUROPEAN EQUITY FUND
(Dividend : SCBEUEQ)
0.50 waived
16. SCB European Small Cap Equity Fund 
(Accumulation : SCBEUSM)
1.605 waived
17. SCB JAPAN EQUITY FUND
(Non Dividend : SCBNK225)
(Dividend : SCBNK225D)
0.50
0.50
waived
18. SCB Japan Small Cap Equity Fund
(Accumulation : SCBJPSMA)
1.605 waived
19. SCB EMERGING EQUITY FUND
(Dividend : SCBEMEQ)
0.535 waived
20. SCB ASIAN EMERGING MARKETS OPEN END FUND
(Accumulation : SCBAEM)
1.07 waived
21. SCB Asian Emerging Markets THB Hedged
(Accumulation : SCBAEMHA)
1.07 waived
22. SCB GOLD THB HEDGED OPEN END FUND
(Accumulation : SCBGOLDH)
0.535 waived

Remark: * Institutional Investors are defined according to the Securities and Exchange Commission of Thailand’s definition.
              ** FRONT-END FEE / SWITCHING IN FEE includes VAT

 

Announced on 19 November 2019
SCB Asset Management Company Limited

SCBAM

Suggested Fund

SCBSE

SCB SELECTS EQUITY FUND (Dividend)

SCBSEA

SCB SELECTS EQUITY FUND (Accumulation)

SCBGSIF

SCB GLOBAL STRATEGIC INVESTMENT FUND (Accumulation)

SCBNK225

SCB JAPAN EQUITY FUND (Non Dividend)

SCBNK225D

SCB JAPAN EQUITY FUND (Dividend)

SCBMSE

SCB Mid/Small Cap Equity Fund (Accumulation)

SCBDV

SCB DIVIDEND STOCK OPEN END FUND
(Dividend)

SCBGEQ

SCB GLOBAL EQUITY FUND (Dividend)