Policy

• The Fund is a feeder fund investing mainly in the investment units of VanEck Semiconductor UCITS ETF (the Master Fund) USD Currency. The Master Fund ‘s investment objective is to replicate, before fees and expenses, the MarketVector™ US Listed Semiconductor 10% Capped Screened Index (the Index). The Index tracks the overall performance of companies involved in semiconductor production and equipment. The Master Fund will use a replication strategy by investing directly in the underlying equity securities, being the stock, American depository receipts (ADRs), and global depository receipts (GDRs), that consists of the component securities of the Index.
The Fund may invest in investment units of mutual funds or property funds (Type 1) or REITs or infra funds under management of SCBAM not exceeding 20% of NAV.
• The Fund may consider investing in derivatives with equities and/or foreign exchange rates as the underlying assets for purposes of hedging only and hedging exchange rate risk which depends on fund manager’s discretion, not exceed 105% of foreign invested asset value.

*Remark: Investor should study tax benefit as stated in the Investment Manual for Retirement Mutual Fund*

Support PVD transfers

Fund Type

Retirement Mutual Fund: RMF

Sub Type of Fund

Foreign Investment

Registered Fund Capital

3,000 Million

Fund Registration Date

14 Oct 2026

Maturity Date

N/A