SCB Asset Management Company Limited (SCBAM) would like to inform you that SCBSETFUND, SCBMLT, SCBABSFUND and SCBSET50FUND have been approved by the Securities and Exchange Commission on 26 October 2022 to be able to invest in other funds under management of SCBAM no more than 3 tiers in total and such investment must be aligned with the fund's investment policy. For example, the 1st Fund invests in the 2nd Fund, the 2nd Fund invests in the 3rd Fund and all 3 funds are under management of SCBAM. This change will be effective from 10 January 2023 onwards.
Kindly note that Redemption fee and Switching out fee of the amended funds (if any) will be exempted from 9 November 2022 to 9 January 2023.
You may contact Client Relations 0-2777-7777 ext. 0 ext. 6 during business days between 08.30 – 17.00 for any further inquiries.
Announced on 31 October 2022
SCB Asset Management Company Limited
SCB LOW VOLATILITY EQUITY FUND
(Accumulation)
SCB Global Equity Absolute Return Fund (Accumulation)
SCB Global Machine Learning Equity (Accumulation)
SCB Income Fund (Auto Redemption)
SCB Credit Opportunities Fund
(Auto Redemption)
SCB Global Income Fund (Auto Redemption)
SCB Asia Pacific Income Plus Fund (Not for Retail Investors) (Auto Redemption)
SCB Global Income Fund (Accumulation)