Policy

The Fund has the policy to focus on the investment in foreign mutual fund “BNP PARIBAS ENERGY TRANSITION” I Capitalisation EUR Share Class (Master fund), domicile in Luxemburg and under UCITS. The Master fund managed by BNP PARIBAS ASSET MANAGEMENT. The Master fund aims at participating in the transition into a sustainable world by focusing on challenges related to energy transition. At all times, the Master fund invests at least 75% of its assets in equities and/or equity equivalent securities issued by worldwide companies that engage in energy transition. Energy transition themes include, but are not limited to, renewable & transitional energy, energy efficiency, sustainable transport, green building and infrastructure. The remaining portion, namely a maximum of 25% of its assets, may be invested in any other transferable securities, money market instruments, or cash, provided that investments in debt securities of any kind do not exceed 15% of its assets, and up to 10% of its assets may be invested in UCITS or UCIs. In respect of the above investments limits, the Master fund’s overall exposure (via both direct and indirect investments) to mainland China securities will not exceed 20% of its assets by investments in “China A-Shares” via the Stock Connect. The Fund has an average net exposure in investment units of the foreign mutual fund of the accounting year not less than 80 % of the Fund Net Assets Value (NAV). Also, the Fund’s investment results in having an average net exposure relates to foreign risks for the 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 may invest in derivatives for hedging foreign exchange, as deemed appropriate to a current situation of investment, which shall be subject to the discretion of fund manager.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

3,000 Million Baht

Fund Registration Date

9 Mar 2021

Maturity Date

N/A