Amendments of SCBLARGO SCBADAGIO and SCBMBOND

24 July 2020

      SCB Asset Management Co., Ltd. (SCBAM) would like to notify unitholders that we have gotten approvals from the Securities and Exchange Commission (SEC) on 24th July 2020 to change share classes of the three funds as listed below, effective date 29th July 2020.

Amendments Details

Investment policies and special characteristics

SCBLARGO

SCBLARGO (feeder fund) invests mainly in units of one master fund, H2O Largo (share class SR/C (EUR)) that aims to generate return after fees higher than EONIA+0.10% p.a. over an investment period of 1 – 2 years.

Fees and expenses of master fund
Entry Fee Max 2.00% (currently : none)
Exit charge none
Fixed fee     0.60%
Ongoing charge        0.64%
Performance Fee 20% of excess return over EONIA+0.10% p.a.


SCBADAGIO
SCBADAGIO (feeder fund) invests mainly in units of one master fund, H2O Adagio (share class EUR-SR) that aims to generate return after fees higher than EONIA+0.45% p.a. over an investment period of 1 – 2 years.

Fees and expenses of master fund
Entry Fee Max 2.00% (currently : none)
Exit charge none
Fixed fee     0.90%
Ongoing charge        0.95%
Performance Fee 25% of excess return over EONIA +0.45% p.a.


SCBMBOND
SCBMBOND (feeder fund) invests mainly in units of one master fund, H2O MultiBonds (share class IEUR (C)) that aims to generate positive return over an investment period of at least 3 years.

Fee and expense of master fund
Entry Fee Max 1.00% (currently : none)
Exit charge none
Ongoing charge        0.87%
Performance Fee 25% of excess return over EONIA+3.00% p.a.

 

          Sincerely,

 

24th July 2020
SCB Asset Management Co., Ltd.

SCBAM

Suggested Fund

SCBLEQ

SCB LOW VOLATILITY EQUITY FUND (Dividend)

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBRMLEQ

SCB Low Volatility Equity RMF

SCBGEARA

SCB Global Equity Absolute Return Fund (Accumulation)

SCBSPICYA

SCB Mixed – Spicy Fund (Accumulation)

SCBINCA

SCB Income Fund (Accumulation)

SCBINCR

SCB Income Fund (Auto Redemption)

SCBROBOA

SCB Global Robotics Fund (Accumulation)