Announcement for Notification of changing the proportion of Benchmark/Reference (Benchmark) for SCBSMART2, SCBSMART3, SCBSMART4

3 April 2018

SCB Asset Management Co., Ltd., the Management Company, would like to inform the changing of the proportion of benchmark/reference (Benchmark) of SCBSMART2, SCBSMART3 and SCBSMART4 as the current benchmarks of such funds have large allocations to low yielding assets which in turns impact the funds’ potential performance. Effective 9 April 2018, the new benchmarks will be as follow:

Fund name	Current	Amendment
SCBSMART2	Short-term Government Bond Index :41% Thai BMA Government Bond 1 – 3 years Index : 42% SET TRI : 12% PF & REIT TRI : 5%	Short-term Government Bond Index :15% Thai BMA Government Bond 1 – 3 years Index : 58% SET TRI : 19% PF & REIT TRI : 8%
SCBSMART3	SET TRI : 19% Thai BMA Government Bond 1 – 3 years Index : 30% Short-term Government Bond Index : 30% PF&REIT TRI : 3% MSCI AC World Daily Total Return Net USD : 6% Bloomberg Barclays GLOBAL AGGREGATE Total RETURN INDEX VALUE Hedged USD : 9% LBMA Gold Price AM USD : 3% Clause 5 - 7 is adjusted with the hedging cost during the calculation period to calculate the return in Thai Baht at a ratio of 95% and adjust the exchange rate to calculates return in Thai Baht at 5%	SET TRI : 12% Thai BMA Government Bond 1 – 3 years Index : 36% Short-term Government Bond Index : 15% PF&REIT TRI : 10% MSCI AC World Daily Total Return Net USD : 18% Bloomberg Barclays GLOBAL AGGREGATE Total RETURN INDEX VALUE Hedged USD : 6% LBMA Gold Price AM USD : 3% Clause 5 - 7 is adjusted with the hedging cost during the calculation period to calculate the return in Thai Baht at a ratio of 95% and adjust the exchange rate to calculates return in Thai Baht at 5%
SCBSMART4	SET TRI : 26% 2. Thai BMA Government Bond 1 – 3 years Index : 26% Short-term Government Bond Index : 25% PF&REIT TRI : 3% MSCI AC World Daily Total Return Net USD : 8% Bloomberg Barclays GLOBAL AGGREGATE Total RETURN INDEX VALUE Hedged USD : 9% LBMA Gold Price AM USD : 3% Clause 5 - 7 is adjusted with the hedging cost during the calculation period to calculate the return in Thai Baht at a ratio of 95% and adjust the exchange rate to calculates return in Thai Baht at 5%	SET TRI : 15% Thai BMA Government Bond 1 – 3 years Index : 22% Short-term Government Bond Index : 15% PF&REIT TRI : 15% MSCI AC World Daily Total Return Net USD : 23 Bloomberg Barclays GLOBAL AGGREGATE Total RETURN INDEX VALUE Hedged USD : 5% LBMA Gold Price AM USD : 5% Clause 5 - 7 is adjusted with the hedging cost during the calculation period to calculate the return in Thai Baht at a ratio of 95% and adjust the exchange rate to calculates return in Thai Baht at 5%