Policy

• SCBINDO focus on investment in a foreign mutual fund (Feeder Fund) ” VanEck Indonesia Index ETF ” (Master Fund) share class USD . The Master Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Indonesia Index. The Master Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Index includes securities of Indonesian companies. A company is generally considered to be an Indonesian company if it is incorporated in Indonesia or is incorporated outside of Indonesia but has at least 50% of its revenues/related assets in Indonesia.
SCBINDO may invest in mutual fund investment units or real estate funds (Type 1) or Real Estate Investment Trusts (REITs) or Infrastructure Funds (infra) under the management of the Management Company in the proportion of not more than 20% of its net asset value.
• Manager of the Master Fund: BlackRock Asset Management Ireland Limited
• The Fund may invest in derivatives for a purpose of efficient portfolio management or hedging and will invest or have enter into Derivatives contract to hedge against the exchange rate risk of foreign currency securities or assets held by the Fund against Thai baht not less than 90% of the asset value invested abroad.
• Management Style : SCBINDO expects performance to be in accordance with the Master Fund, whereas the Master Fund expects performance to be in accordance with the Benchmark Index (Passive Management).

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

500 Million Baht

Fund Registration Date

27 Sept 2022

Maturity Date

N/A