Change of global exposure limit calculation method of SCB Global Equity Absolute Return Fund (SCBGEAR)

29 January 2024

          SCB Asset Management Company Limited would like to inform the unitholder that SCBGEAR has been approved by the Securities and Exchange Commission (SEC) on 26 January 2024 to change the global exposure limit calculation method from Commitment approach to VaR approach to be consistent with the master fund that uses derivatives to create a complex investment strategy (market neutral portfolio) and to comply with the SEC’s guidelines. This change will be effective from 1 March 2024 onwards.

          However, such change will have no impact to SCBGEAR’s investment policy.

          For more information, please contact Client Relations at 02-777-7777 during 08.30 to 17.00

 

Announced on 29 January 2024
SCB Asset Management Company Limited

SCBAM

Suggested Fund

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBGEARA

SCB Global Equity Absolute Return Fund (Accumulation)

SCBGMLA

SCB Global Machine Learning Equity (Accumulation)

SCBINCR

SCB Income Fund (Auto Redemption)

SCBOPPR

SCB Credit Opportunities Fund
(Auto Redemption)

SCBGINR

SCB Global Income Fund (Auto Redemption)

SCBAPLUS

SCB Asia Pacific Income Plus Fund (Not for Retail Investors) (Auto Redemption)

SCBGINA

SCB Global Income Fund (Accumulation)