Policy

SCBRMJP has the policy to bring the money to invest in the investment units of the Fund NEXT FUNDS Nikkei 225 Exchange Traded Fund (“Master Fund”) which is Exchange Traded Fund (Equity ETF) manage by Nomura Asset Management Co., Ltd. are listed on The Stock Exchange of Tokyo Japan and invest in Japanese Yen. The Fund policy is to invest in the constituent stocks of Nikkei 225 and stocks to become constituent Nikkei 225 stocks with the objective of achieving investment returns in line with the performance of Nikkei 225. 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. The Fund will enter into the Derivatives with an aim to hedge the risk (“Hedging”) from the investment, for instance, the entry into SWAP Agreement and/or the Forward Contract which refers to the exchange rate according to the notification or approval of the Office of SEC. However, in ordinary situation, the Fund will invest or enter into the Derivatives with an aim to hedge the risk (“Hedging”) from the exchange rate in securities or properties in foreign currency held by the Fund when compared with THB in any period of time of not less than 90% of the properties invested in foreign country. However, in unusual situation, the Fund may consider to hedge the risk according to the Fund Manager’s discretion, for instance, in case where THB against foreign currency held by the Fund has continuously depreciated, or in any other circumstance where the hedging of foreign exchange is no longer beneficial to the Fund, accordingly, the Fund Manager may consider to adjust the proportion of hedging for the exchange rate’s risk as appropriate for the Fund’s benefit.

*Remark: Investor should study tax benefit as stated in the Investment Manual for Retirement Mutual Fund*

Fund Type

Retirement Mutual Fund: RMF

Sub Type of Fund

Foreign Investment

Registered Fund Capital

5,000 Million Baht

Fund Registration Date

6 Nov 2015

Maturity Date

N/A