Policy

SCBABOND (the Fund) focus on the investment in the foreign mutual fund “DWS Invest Asian Bonds – USD FC50 in share class USD” (Master Fund) managed by DWS Investment S.A. The Master Fund registered under the laws of Luxemburg, Umbrella SICAV according to UCITS. The objective of the investment policy of Master Fund is to achieve an above-average return for the fund. The sub-fund’s assets may be invested in interest-bearing securities and convertible bonds issued by: - Governments of Asian jurisdictions. - Asian government agencies. - Asian jurisdictions municipals. - Companies which have their registered office in an Asian jurisdiction or that conduct their principal business activity in an Asian jurisdiction. - Supra-national institutions such as World Bank (IBRD), European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD) denominated in Asian currencies. - Non-Asian corporates that are issued in Asian currencies. These interest-bearing securities may be denominated in U.S. dollars, other G7 currencies and various Asian currencies. The rating of issues can range from Aaa to B3 (Moody’s) and AAA to B- (Standard & Poor’s) or its equivalent. The Fund will have an average net exposure in investment units of the Master Fund, in an accounting year equal to or more 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 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

Fixed Income Fund

Registered Fund Capital

3,000 Million Baht

Fund Registration Date

22 Jul 2021

Maturity Date

N/A