Policy

Part 1 : Principal and Expected Returns
The Fund will invest in debt securities and / or deposit and / or financial instruments issued in foreign and / or domestic, including the securities or other assets, or generate benefits by other means that do not violate the law by the SEC. The credit ratings of debt securities or issuers rated at investment grade total not less than 80% of the Fund's NAV and the average net exposure relates to foreign risks for the accounting year not less than 80% of the Fund’s NAV. The Fund will enter into derivatives contracts for a purpose of fully hedging to cover foreign exchange rate risks.
Part 2 : Additional Returns
The Fund invests in interest rate swap (IRS) which linked to the changes of Thai Overnight Repurchase Rate (THOR), with the inverse payoff structure and the objective of doing such is to seek for additional return from the changes of THOR. The IRS is unfunded swap and notional amount will be approximately or equal to the Fund’s net asset value on the registration date.

Fund Type

Others

Sub Type of Fund

Structure Fund

Registered Fund Capital

5,000 Million

Fund Registration Date

15 Aug 2024

Maturity Date

15 Aug 2025