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Trigger Funds
| Fund Type | Balanced Fund, Fund of Funds, trigger fund |
| Risk Level | 7 |
| Investment Policy | The fund’s investment policy is to invest and hold foreign funds such as CIS units and/or ETF units and/or property funds and/or real estate investment trusts and/or infrastructure funds (target funds), amounting to at least 2 or more funds. Average holdings during the financial year will be at least 80% of NAV. The target funds may be invested in equities, fixed income, hybrid securities, alternative investments, and/or other securities or assets permitted by law or permitted by the SEC. Investment weighting in each fund is up to the discretion of the fund managers who may adjust weightings as appropriate to the prevailing economic climate, financial markets, market sentiment and forecasts. Investment in any single fund will not exceed an average of 79% of NAV during the financial year; weighting is subjected to the fund managers’ discretion. The fund invests abroad and net exposure to foreign country risk will average at least 80% of NAV or more during the financial year, or at levels prescribed by the SEC. Furthermore, the fund may invest in other funds, property funds, real estate investment trusts (REITs), and infrastructure funds under KTAM’s management, amounting to an average of no more than 20% of NAV during the financial year. The fund may consider investing in derivatives to hedge against risks or for Efficient Portfolio Management purposes, in accordance with the guidelines of the SEC or SEC Office notifications. |
| Benchmark | 1. Bloomberg Barclays US Aggregate Total Return Value Unhedged USD : 20% Note : Converted into Baht-equivalent using exchange rate as of date of performance calculation. 2. FTSE All World Index – TR Net of Tax : 80% Note : Converted into Baht-equivalent using exchange rate as of date of performance calculation. |
| Dividend Policy | No dividend |
| Minimum Subscription | 10,000 Baht |
| Minimum Redemption | None |
| Trading Hours | Purchase: during 23-27 August 2021 Redemption: Auto-Redemption KTAM will proceed to auto-redeem the units to unitholders when any of the following trigger conditions occur, as deemed appropriate: (1) NAV is sustained at no less than 10.7222 Baht for 2 consecutive business days or more and fund assets to facilitate an auto-redemption are all in cash or near cash, or NAV is no less than 10.7222 Baht and assets on a business day are all in cash or near cash.
When either of the above conditions (1) or (2) occurs, KTAM will consider whether to arrange an auto-redemption of the entire fund within 5 business days thereafter. Note that the NAV of the fund redeemed to unitholders must not be below 107% of the par value (10 Baht).(2) A business day whereby fund assets are partly or entirely in cash or near cash, allowing a redemption to be arranged at a rate no less than what is set by KTAM. Redemption by unitholder During the 7-month period after the fund’s registration date, if the fund’s NAV does not appreciate sufficiently to result in dissolution of the fund scheme, KTAM will arrange to allow unitholders to redeem the fund units on the first business day onwards, upon completion of the 7-month period post-registration date. On any day whereby the trigger conditions are met, KTAM reserves the rights to proceed to dissolve the fund scheme. To redeem, unitholders may submit redemption orders to KTAM or a selling agent (if any) on any trading day, from office opening – 15.30 hrs.
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| Settlement Period | T+3 |
| Management Fee | Not exceeding 2.14 % p.a.1 |
| Trustee Fee | Not exceeding 0.0749% p.a.1 |
| Registrar Fee | Not exceeding 0.535% p.a.1 |
Disclaimer
| 1) | Investments contain risks. Please study relevant information carefully before making any investment decision. |
| 2) |
An investment unit is not a deposit, and thus, it carries investment risks. Investors are urged to only invest if the fund corresponds with their own objectives and only after they have acknowledged all risks and understands that the result of the investment may be more or less than the initial sum. |
| 3) | Under unusual circumstances, the settlement of a redemption order may take longer than the period stated in the prospectus. |
| 4) | In case that the fund cannot maintain its liquidity at the level that the Securities and Exchange Commission (SEC) has stipulated, investors may not be able to redeem the investment units. |
| 5) |
Investors should carefully study the prospectus and keep a copy for future reference. When in doubt, please contact Krung Thai Asset Management, the selling agent, or authorized representative before executing the investment order. |
| 6) |
Investors who wish to receive more information or additional documents or have questions about the investment, are encouraged to contact Krung Thai Asset Management, the selling agent, or authorized representative at their convenience. |
| 7) |
A mutual fund is a juristic person, separated from Krung Thai Asset Management. Therefore, Krung Thai Asset Management does not have any obligation to make up for any loss on investment. The performance of the mutual fund is not dependent on the financial condition or the operating performance of Krung Thai Asset Management. |
| 8) |
Investors can review information that may affect their investment decision such as matters regarding business transactions with related parties, at the SEC or via its website (http://www.sec.or.th) |
| 9) |
Krung Thai Asset Management may hold and manage other securities or assets for its proprietary investments in similar manner to investments made for funds, provided measures are established to prevent conflict of interests to ensure fairness to unitholders as stipulated by the SEC. |
| 10) |
Fund performance measurements shown on this website is in accordance with the fund performance measurement standards set by the Association of Investment Management Companies. |
| 11) | Past performance of funds may not be indicative of future performance. |
| 12) | For Provident Funds and Long-Term Equity Funds: |
| 12.1) Investors cannot resell, transfer, pledge or use investment units as collateral. | |
| 12.2) Holders of investment units are not entitled to tax privileges unless they fully comply with all investment conditions. Failing to do so will result in the mandatory return of all previously-obtained tax privileges within an agreed-upon deadline, otherwise additional payment and fines will apply. | |
| 13) |
Krung Thai Asset Management allow its employees to have personal securities trading accounts as long as they acknowledge and comply with the code of ethics and all requirements of the Association of Investment Management Companies, while disclosing the details of their investments to the company, which will accordingly monitor and control the employees’ stock trades. |
| 14) |
Information appearing on this website have been carefully prepared and collected from reliable sources in order to assure maximum accuracy. However, Krung Thai Asset Management and its employees cannot verify or guarantee the correctness, the completeness and the credibility of any information due to problems inherent with the data itself or any other reasons. Therefore, in utilizing any information shown on this website, investors must be cautious and also refer to other sources when formulating a decision. |
| 15) |
Copyrights of all images, texts and displays on this website belong to Krung Thai Asset Management, which also reserve the rights to all information and key contents appearing on its website. No distribution, reference, copy, reproduction, or amendment, by whatever means, is allowed. It is also forbidden to exhibit, distribute, download, license, modify, publish, repost, reproduce, reuse, sell, transmit, use in any litigation to create a derivative work or otherwise use for public or commercial purposes, all or parts of the information and materials, without Krung Thai Asset Management's express prior written permission. Krung Thai Asset Management and its management as well as employees reserve the right to deny responsibility for all actions of other parties, deliberately or inadvertently or without Krung Thai Asset Management's express prior written permission, in amending or modifying any report, text, information, document or media appearing at this site and in either specifically or openly reporting any text, information, document or media appeared on this site in such a way that may cause misunderstanding or damage to the property or reputation of Krung Thai Asset Management or another company or person. To amend or modify any report, text, information, document or media appearing on this website by whatever means, deliberately or without any prior permission from Krung Thai Asset Management, in such a way that causes damage to the property or reputation of Krung Thai Asset Management or another company or person, is unlawful and the person committing such an act may be subject to both civil liability and criminal punishment. |
| 16) | Krung Thai Asset Management reserve the rights to correct, adjust or change any information on this website without advance notice. |
| I, hereby, confirm that I have read and accepted all conditions and regulations appearing herewith. | |