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

SCBLEQ

SCB LOW VOLATILITY EQUITY FUND (Dividend)

SCBS&P500

SCB US EQUITY FUND (Dividend)

SCBDV

SCB DIVIDEND STOCK OPEN END FUND
(Dividend)

SCBINCA

SCB Income Fund (Accumulation)

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBGEARA

SCB Global Equity Absolute Return Fund (Accumulation)

SCBUSAA

SCB US Active Equity Fund (Accumulation)

SCBGSIF

SCB GLOBAL STRATEGIC INVESTMENT FUND (Accumulation)