Policy

SCBGEAR (the Fund) has the policy to focus on the investment in foreign mutual fund “Jupiter Merian Global Equity Absolute Return Fund” I Acc USD Share Class (Master fund), domicile in Ireland and under UCITS. The Master fund managed by Jupiter Investment Management Limited. The investment objective of the master fund is aims to deliver absolute returns over rolling 12 months period. The master fund investing primarily in a portfolio of equity securities of companies located worldwide and listed or traded on recognized Exchanges. It is not proposed to concentrate investments in any one geographical region or sector. The Fund may invest in derivatives for a purpose of efficient portfolio management or hedging in order to create more returns from investment and/or minimize cost of the Fund and may invest in derivatives for risk management such as swap contracts and/or forward contracts referred to an exchange rate as announced, imposed, or approved by the Office of the SEC. In case of the ordinary circumstance SCBGEAR will enter into the Derivatives with an aim to hedge the risk (“Hedging”) from the exchange rate not less than 90% of the properties invested in foreign country. However, in case of the unusual circumstance The Fund may hedge the risk of exchange rate at other proportion according to the Fund Manager’s discretion. Additional, the Fund may also invest in or hold a structured note, non-investment grade debt instruments, unrated debt instruments and unlisted securities; and may engage in securities lending transactions and reverse repo transactions in accordance with the regulations as prescribed by the SEC. The Fund may invest in unit trusts or investment units of property funds or infrastructure funds under management of the Management Company in proportion of not exceeding 100% of the Fund's NAV, except property funds and infrastructure funds no more than one- third of the total units of the total units of the property or infrastructure fund issued, providing that such investment units must be within the framework of the Fund's investment policy, which is in accordance with the rules and conditions set forth by the Office of the Securities and Exchange Commission. The destination fund can not invest in circle investment and cannot invest in other funds under the same management company (cascade investment).

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

3,000 Million Baht

Fund Registration Date

28 Sept 2018

Maturity Date

N/A