SHARE
24 July 2017
- SCB PERMPOL MUNKHONG OPEN END FUND (SCBPMO)
- SCB DHANA ANANTA OPEN END FUND (SCBDA)
- SCB Mid/Small Cap Equity Fund (SCBMSE)
- SCB Thai Equity Fund (SCBTEQ)
- SCB SET50 INDEX FUND (SCBSET50)
- SCB SET BANKING SECTOR INDEX FUND (SCBBANKING)
- SCB SET ENERGY SECTOR INDEX FUND (SCBENERGY)
- SCB ABSOLUTE RETURN FUND (SCBABS)
- SCB Short Term Fixed Income Plus Fund (SCBSFFPLUS)
Kindly be informed that on 21 July 2017, the Securities and Exchange Commission has approved the following amendment(s) to the investment guideline regarding share classes effective on 1 August 2017:
| Topics |
Amendments |
Fund abbreviation
(Exclude SCBSFFPLUS)
|
| Existing |
New |
| SCBPMO |
SCBPMOFUND |
| SCBDA |
SCBDAFUND |
| SCBMSE |
SCBMSEFUND |
| SCBTEQ |
SCBTEQFUND |
| SCBSET50 |
SCBSET50FUND |
| SCBBANKING |
SCBBANKINGFUND |
| SCBENERGY |
SCBENERGYFUND |
| SCBABS |
SCBABSFUND |
|
| Share classes |
The fund shall have the following share classes:
- Accumulative
(SCBPMOA, SCBDA, SCBMSE, SCBTEQ, SCBSET50, SCBBANKINGA, SCBENERGYA, SCBABS)
Suitable for unitholders seeking capital gain
- Auto-redemption
(SCBPMOR, SCBDAR, SCBMSER, SCBTEQR, SCBSET50R, SCBBANKINGR, SCBENERGYR, SCBABSR)
suitable for unitholders seeking to receive periodic cash flows via automatic redemption of fund units
- Dividend
(SCBPMO, SCBDAD, SCBMSED, SCBTEQD, SCBSET50D, SCBBANKING, SCBENERGY, SCBABSD)
suitable for unitholders seeking to receive periodic cash flows via dividend payments
- Individual/Group
(SCBPMOP, SCBDAP, SCBMSEP, SCBTEQP, SCBSET50P, SCBBANKINGP, SCBENERGYP, SCBABSP รวมถึง SCBSFFPLUS-P)
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. These share class will initially be provided
| Fund name |
Provided share class |
| SCBPMOFUND |
- Dividend (SCBPMO)
- Individual/Group (SCBPMOP)
|
| SCBDAFUND |
- Accumulative (SCBDA)
- Individual/Group (SCBDAP)
|
| SCBMSEFUND |
- Accumulative (SCBMSE)
- Individual/Group (SCBMSEP)
|
| SCBTEQFUND |
|
| SCBSET50FUND |
|
| SCBBANKINGFUND |
|
| SCBENERGYFUND |
|
| SCBABSFUND |
|
|
| Minimum initial subscription amount and minimum subsequence subscription amount |
| Share classes |
Minimum initial
subscription amount |
Minimum subsequence subscription amount |
| 1. Accumulative |
THB 5,000.00 |
THB 1,000.00 |
| 2. Auto-redemption |
THB 5,000.00 |
THB 1,000.00 |
| 3. Dividend |
THB 5,000.00 |
THB 1,000.00 |
4.Individual/Group
(include SCBSFFPLUS-P) |
THB 1.00 |
THB 1.00 |
|
Redemption of fund units
(Exclude SCBSFFPLUS) |
Fund units can be redeemed via the followings:
1. At unitholder’s discretion – All share classes can be redeemed at unitholder’s discretion, subjected to fund’s holiday calendar
2. Automatic redemption – Only Auto-redemption share class is entitled to automatic redemption. SCBAM will automatically redeem the Auto-redemption share class no more than 12 times per calendar year (except SCBBANKING and SCBENERGY no more than 2 times per calendar year). The frequency and redemption amounts shall be determined by SCBAM based on returns of investment. |
Dividend payments
(Exclude SCBSFFPLUS) |
- Dividend payments shall be in accordance with the followings:
Accumulative : no dividend
Auto-redemption : no dividend
Dividend : pays dividend
Individual/Group : no dividend
- Dividend payment details (not applicable to SCBBANKING and SCBENERGY,use existing details )
SCBAM will pays dividend for Dividend share class no more than 12 times per calendar year. The frequency and dividend amounts shall be determined by SCBAM based on earnings and/or cumulative earnings of the fund whereby such dividend payment shall not further increase the deficit in cumulative earnings during the same dividend period.
|
Other sections in the investment guideline that shall be amended in relation to share classes include Definitions, Units Subscription during and after the IPO, Units redemption, Units switching, Dividend payments, Fees and other expenses, Calculation methods, 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.
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 customer services at 02-777-7777, press 0 and then 6 during 08.30 to 17.00 or visit our website at www.scbam.com.
This is to announce for your acknowledgement.
Given on July 24, 2017
SCB Asset Management Company Limited
