Change of fund type of SCB Global Machine Learning Equity (SCBGML)

12 October 2022

SCB Asset Management Company Limited would like to inform you that SCBGML was approved by the Securities and Exchange Commission Office on 11 October 2022 to change the fund type to be aligned with target portfolio. The change will be effective from 1 December 2022 onwards as following details.

Subject	Existing	New
Fund Type	Fund of Funds	Direct Investment
Investment Policy	The Fund has a policy to invest in investment units of foreign funds such as CIS and/or ETF that mainly invest in equities of listed companies on global stock exchanges. The Fund will invest at least 2 foreign funds, with an average investment in each fund not exceeding 79% of NAV in any accounting period. Also, the net exposure in investment units of foreign funds will be on average not less than 80% of NAV in any accounting period.	The Fund has a policy to directly invest in equities of listed companies on global stock exchanges and/or investment units of foreign funds such as CIS and/or ETF that mainly invest in equities of listed companies on global stock exchanges on average not less than 80% of NAV in any accounting period.
Liquidity Risk Management Tool	All liquidity risk management tools are specified.	Removed the following liquidity risk management tools as they are not necessary for equity direct investment. - Liquidity Fee - Notice Period