Policy

SCBRMJP is a feeder fund investing mainly in the investment units of iShares Core Nikkei 225 ETF (the Master Fund) which is an ETF in JPY Currency, listed on the Stock Exchange of Tokyo and managed by BlackRock Japan Co., Ltd. The Master Fund invests mainly in shares of the stocks constituting and determined to constituent of Nikkei 225 Total Return Index , in the same proportion as the number of shares in the Index, with the objective to closely track the performance of the Index. 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) and having an have an average net exposure related 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*

Remark:
Overall Rating 5 stars : Thailand Fund Japan Equity : 30 JUNE, 2024
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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