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