K GOLD FUND

      K GOLD FUND Symbol : K-GOLD
      Type of Fund :  
      Gold ETF Foreign Investment Feeder Fund
      Investment Objective

      The Fund has its policy to invest at least 80% of NAV abroad.  The majority of the Fund's investment, on the average of at least 80% of NAV in each accounting period, shall be invested in SPDR Gold Trust ("foreign fund") which is established and managed  by World Gold Trust Services, LLC, which is wholly-owned by the World Gold Council, a non-for-profit association registered under Swiss law. The foreign fund is listed for trading on the New York Stock Exchange and the Singapore Stock Exchange.

      The Fund may invest in Thailand as to serve the operational purpose or pending for foreign investment or secure the liquidity of the Fund or any other purposes in such manner.  Investment in Thailand shall be deposits, money market papers and other types of investment allowed by the SEC Laws.  The Fund may invest in derivative as to hedge from the foreign exchange risk at least 90%.

      Nevertheless, the Fund shall not invest is Structured Note.

      In normal circumstances, the Fund shall invest at least 80% of NAV abroad.  However, it's not applicable during the first 15 days from the inception date and the last 15 days before the liquidation of the Fund. Furthermore, during the period that the investment environment abroad is not favorable, for example, when the market or economy is highly volatile or there is a case of natural disaster or abnormal circumstances; there is significant changes in laws and regulations; or the foreign investment quota is temporally unavailable, resulting in a delay of investing and the Fund could not invest up to 80% of NAV, in such cases KAsset shall report the incidence to the SEC.

      In the case that KAsset considers that SPDR Gold Trust is no longer suitable for the Fund's investment, ie. its return is constantly or significantly lower than other peers; the foreign fund evidently breaches the regulation or its investment scheme, referring to its regulator's opinion; or changes in regulations resulting as a burden of the Fund, KAsset reserves its right to consider switching the Fund's investment to other funds with similar investment policy, such switching shall deem as permitted by the unit holders.

      Exchange rate risk hedging level

      Dividend Policy
      The Fund has its policy to pay dividend not exceeding quadruple yearly at the rate not exceeding 100% of its retained earnings or the increase in net assets from operations from each accounting period as the Asset Management Company considers appropriate.  However, the dividend payment shall not result in increasing any retain loss (if any)
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      General Information Net Asset Value (NAV)
      Registered Capital of the Fund :
      30,000 MB
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      Accounting Period :
      30 June
      Number of Registered Units : 1,705.0623  Million Unit
      Net Asset Value : 15,821,443,798.36  Baht
      Major Risk :
      Low risk High risk
      Fund Supervisor : ธนาคารกรุงเทพ จำกัด (มหาชน)
      Registrar : บมจ. ธนาคารกสิกรไทย
      Auditor :  
      Fund Performance vs Benchmark
                                                 
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      Buying & Selling Units
      Selling Agent(s) :
      Front-end Fee :
      No front-end fee shall be charged to the unit holders.                 However, The Fund shall charge the brokerage fee not more than 0.08% of bid price to the unit holder who subscribe units
      Exit Fee :

      No exit fee shall be charged to the unit holders.                

      However, The Fund shall charge the brokerage fee not more than 0.08% of offer price to the unit holder who redeem units

      Switching Fee :
      -
      Settlement Policy :
      -
      Payment Policy :
      The proceed monies shall be delivered to the unit holders within 3 business days following the redemption date.(T+3)
      Pricing Policy :
      -
      Minimum Investment's Units :
      5,000 Baht
      Key Information for Buying the Fund Unit Key Information for Selling the Fund Unit
      Every business day of KAsset and the foreign fund.  The subscription order submission period begins at the opening hour of Asset Management Company or the Fund Distributors until 3.30 pm
      Every business day of KAsset and the foreign fund,.  The redemption order submission period begins at the opening hour of Asset Management Company or the Fund Distributors until 2.30 pm
      Fees
      Management Fee :
      Not exceeding 1.50% of NAV
      Fund Supervisor Fee :
      Not exceeding 0.07% of NAV
      Registrar Fee :
      Not exceeding 0.15% of NAV
      Investment Advisory Fee :
      -
      Other Expenses :
      Total Expenses / NAV :
      Dividend Historical
      Number Baht/Unit Dividend Date
      14 0.2000 11/04/2014
      13 0.2000 14/10/2013
      12 0.2000 14/01/2013
      11 0.2000 15/10/2012
      10 0.2000 12/04/2012
      9 0.2000 14/10/2011
      8 0.2000 14/07/2011
      7 0.2000 12/04/2011
      6 0.2000 14/01/2011
      5 0.3000 15/10/2010
      4 0.2000 29/07/2010
      3 0.7500 30/04/2010
      2 0.4000 20/10/2009
      1 0.4000 19/03/2009
      Total
      Disclaimer
      Site Map ©2013 KASIKORN ASSET MANAGEMENT Co., Ltd. All rights reserved.
      400/22, KASIKORNBANK Building, 6th Floor, Phahon Yothin Avenue, Samsen Nai,Phaya Thai, Bangkok 10400 Thailand Telephone: 0 2673 3999 Fax: 0 2673 3988