Policy

SCBGPROP has the policy to focus on the investment in only one foreign mutual fund (“Feeder Fund”) i.e BGF World Real Estate Securities (“Master Fund”) D2 USD shares class, domicile in Luxembourg and under UCITS. The master fund managed by BlackRock Global Funds. The investment policy of the master fund aims to seeks to maximise total return. The Fund invests globally at least 70% of its total assets in the equity securities of companies whose predominant economic activity is in the real estate sector. This may include residential and/or commercial real estate focused companies as well as real estate operating companies and real estate holding companies (for example, real estate investment trusts).This Fund has an average net exposure in investment units of the foreign mutual fund of the accounting year at or more 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 at or more than 80% of the Fund’s NAV. The master fund may hedge the risk from the exchange rate according to the appropriateness and situation of each period of time as deemed appropriate by the Fund’s Manager and SCBGPROP may invest in the Derivatives for Efficient Portfolio Management (EPM) and/or hedging aim to gain higher benefit and/or decrease expense of the Fund. The Fund may invest in derivatives for hedging against investment risks, such as swap contracts and/or forward contracts referred to an exchange rate as announced, imposed, or approved by the Office of the SEC. SCBGPROP may invest in the Derivatives for hedging the risk from the exchange rate according to the appropriateness and situation of each period of time as deemed appropriate by the Fund’s Manager. In this connection, the Fund’s Manager will consider the relevant factors.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

3,000 Million Baht

Fund Registration Date

4 Oct 2016

Maturity Date

N/A