Policy

The Fund is a feeder fund investing mainly in the investment units of VanEck Indonesia Index ETF (the Master Fund) 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.
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 for purposes of enhancing the efficiency of portfolio management and/or hedging exchange rate risk of securities or assets denominated in foreign currencies held by the Fund against Thai baht, not less than 90% of foreign investment value.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

500 Million

Fund Registration Date

27 Sept 2022

Maturity Date

N/A