Policy

The Fund focus on the investment in the foreign mutual fund “iShares Core MSCI Asia ex Japan ETF” (Master fund) managed by BlackRock Asset Management North Asia Limited. The Master Fund is an ETF, listed on The Stock Exchange of Hong Kong Limited (“SEHK”) in HKD. The Master fund aims to provide investment results that, before fees and expenses, closely correspond to the performance of the MSCI All Country Asia ex Japan Index. The MSCI All Country Asia ex Japan Index is a free float-adjusted market capitalisation-weighted index. The index captures large and mid cap representation across two of three developed markets countries (excluding Japan) and eight emerging markets countries in Asia. The index provide exhaustive coverage of these size segments by targeting a coverage range around 85% of free float-adjusted market capitalisation in each market. The index is reviewed quarterly. The Fund will have an average net exposure in investment units of the Master Fund, in an accounting year not less than 80 % of the Fund’s NAV and resulting in having an average net exposure related to foreign country risks in an accounting year not less than 80% of the Fund’s NAV. The Fund may invest in derivatives for a purpose of efficient portfolio management or hedging and shall invest in or hold derivatives so as to hedge risks caused by currency rate of securities or assets in foreign currency held by the Fund in comparison to Thai Baht at a moment not lower than 90% of asset value invested in foreign countries. Additionally, the Fund may also invest in Structured Note, non-investment grade debt instruments, unrated debt instruments and unlisted securities; and may engage in securities lending transactions and reverse repo transactions

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

3,000 Million Baht

Fund Registration Date

18 May 2022

Maturity Date

N/A