Policy

SCBAO (the Fund) has the policy to focus on the investment in foreign mutual fund “Morgan Stanley Investment Fund - Asia Opportunity Fund” Z Accumulation USD Share Class (Master fund), domicile in Luxemburg and under UCITS. The Master fund managed by Morgan Stanley Investment Management. The investment objective of the master fund is to seek to achieve its investment objective by investing primarily in equity securities, including depositary receipts (including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs)), of issuers Located in Asia, excluding Japan, and China A-Shares via Stock Connect. For the Master fund, if any application for redemption is received in respect of any one Dealing Day (the “First Dealing Day”) which either singly or when aggregated with other applications so received, is more than 10% of the Net Asset Value, the Master fund reserves the right in its sole and absolute discretion to scale down pro rata each application with respect to such First Dealing Day so that not more than 10% of the Net Asset Value be redeemed or converted on such First Dealing Day. The unitholders may not receive the investment unit allocation and unit value on the date of submission of the redemption order or the order to switch the investment units, including may not receive the money for redemption or switch investment units within the time specified. The Fund has an average net exposure in investment units of the foreign mutual fund of the accounting year not less 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 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

Equity Fund

Registered Fund Capital

10,000 Million Baht

Fund Registration Date

17 Feb 2021

Maturity Date

N/A