SHARE

22 April 2025

SCB DIVIDEND STOCK 70/30 LONG TERM EQUITY FUND (SCBLT1FUND)
SCB STOCK PLUS LONG TERM EQUITY FUND (SCBLT2FUND)
SCB LONG TERM EQUITY FUND (SCBLT3FUND)
SCB INTER LONG TERM EQUITY FUND (SCBLT4FUND)
SCB SMART LONG TERM EQUITY FUND (SCBLTS)
SCB Selects Long Term Equity Fund (SCBLTSE)
SCB Set Index Long Term Equity Fund (SCBLTSET)
SCB TARGET LONG TERM EQUITY FUND (SCBLTTFUND)

          SCB Asset Management Company Limited (SCBAM) would like to inform you that the aforementioned Long Term Equity Funds have been approved for the Fund amendments by the Securities and Exchange Commission (SEC) to facilitate the switching transactions from Long Term Equity Funds (LTF) to Thailand ESG Extra Fund (Thai ESGX) in accordance with the Cabinet Resolution. This change will be effective from 1 May 2025 onwards per following details.

1. Amendment on redemption payment with securities or other assets instead of cash (Pay in Kind): The redemption payment conditions and procedures will be clearly specified in the Fund prospectus to ensure fairness and maximum benefit for all unitholders of LTF and Thai ESGX.

2. Amendment on Fund dissolution: In the event of LTF dissolution during the switching period to Thai ESGX, SCBAM will proceed with the Fund dissolution according to the SEC’s procedures.

          SCBAM will accept switching orders from LTF to Thai ESGX during 13 May – 30 June 2025. The Unitholder who would like to utilize tax benefits must switch your LTF units held in all funds of all asset management companies to Thai ESGX within the specified period to receive tax benefits in accordance with the government policies and the Revenue Department’s conditions.

          You may visit SCBAM’s website for more details or contact Client Relations 0-2777-7777 during business days between 08.30 – 17.00 for any further inquiries.  

Announced on 22 April 2025
SCB Asset Management Company Limited