Policy

The Fund has policy of investment in the investment units of only foreign mutual fund (Feeder Fund). The Fund’s average investment in such fund per accounting year will not be less than 80 % of the Fund Net Assets Value (NAV) i.e. PIMCO Global Investment Grade Credit(Institutional share class) (“Master Fund”).The afore-mentioned fund was established under the law of Ireland and being under UCITS and managed under the supervision of PIMCO Global Advisors (Ireland) Limited. The investment policy of the Master Fund is to invest at least 2 out of 3 of the whole assets in debt instrument of private sector whose its credit rating of the instrument or the issuer of instrument is at Investment Grade. Each issuer of issuer must be the company having its branch offices or must operate its business in at least 3 countries. the Fund may invest in the securities which can be converted to be equity instrument not exceeding 25% of the Fund’s property value. The Fund may invest in equity instrument listed in stock market not exceeding 10% of the Fund’s property value, it may invest in the Fixed Income Instruments whose its credit rating being lower than Baa rated by Moody’s, or lower than BBB rated by S&P but it must not be lower than B rated Moody’s or S&P (or in case where there is credit rating, it must be certified to be at the comparable quality) not exceeding 15% of the Fund’s property, and it may invest not exceeding 25% of the Fixed Income Instruments which is in connection with the economy of emerging market countries where some securities having the investment lower than the investment grade (it depends on the above-mentioned restrictions). Moreover, it may invest in the registered instrument or its trading is in the Regulated Market of not exceeding 90% of the total assets. Additionally, the Fund will invest or acquire the Futures Contract to hedge the risk of exchange rate of securities or property in foreign currency held by the Fund compared with Baht currency at a period of time of not less than 90% of the asset value invested in foreign country.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.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Mixed Fund

Registered Fund Capital

20,000 Million Baht

Fund Registration Date

30 Jul 2012

Maturity Date

N/A