K-CHANGE-SSF
K Positive Change Equity Fund-SSF

Investors cannot redeem this fund before January 4, 2021
Data as of March 21,2023

NAV per unit

17.5554 Baht
Change
+0.04770.2725 %
Offer Price
17.5555 Baht
Bid Price
17.5554 Baht
Net Asset Value (NAV)
4,083,123,152.89 Baht
Registered Fund Capital
18,000 Million Baht
Inception Date
16 May 2019 (Class launched : 11 May 2020)
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
No dividend payment
XD Dates
     -
Bloomberg Ticker
​KPSCSSF:TB​​

Master Fund's Bloomberg Ticker
BGPCBAG:LN​
    

Fund Type
• Equity Fund
• Super Savings Fund
• Feeder Fund
• FIF (Foreign Investment Fund)
The Fund is suitable for
• Investors who seek a fund with a focus on delivering positive change that aims to deliver growth with a long investment time horizon.
• Investors who can accept the volatility of stock prices that the Master Fund invests in, which may increase or decrease that a loss may occur. ​
• Investors who can accept foreign exchange risk.​
• Investors who can accept conditions for investment period by holding units not less than 10 years from subscription date.
Investment Policy
• The Fund mainly invests in Baillie Gifford Positive Change Fund - Class B accumulation (GBP) (Master Fund) not less than 80% of NAV.  
• The Fund will use derivatives to hedge against exchange rate risk at least 75% of foreign exposure.  
• Class Launch Date of K-CHANGE-SSF is 11 May 2020.

Baillie Gifford Positive Change Fund - Class B accumulation (GBP) (Master Fund)
• The Master Fund invests in the shares of companies globally whose products or behavior make a positive impact. This will include companies addressing critical challenges in areas such as, but not limited to; education, social inclusion, healthcare and the environment. The fund invests in an actively managed portfolio of 25 – 50 global high quality growth companies.
​
​
​

Risk Spectrum

Level 6
High Risk

Asset Allocation
(% of Investment)

Data as of Febuary 28,2023

Subscription and Redemption Details

Subjects
Details
Subscription date
Every trading day
between 8.30 a.m. - 3.30 p.m.
Redemption date
Unitholders can redeem from January 4, 2021 onward in every business day between 8.30 a.m. - 3.30 p.m.​
Minimum initial subscription
500 Baht
Minimum subsequent subscription
500 Baht
Minimum redemption
None
Minimum​ account balance
None
NAV announcement date
T+2 (business day)​
Settlement date
T+4 (business day)​​ (10.00 a.m.)
Subscription and redemption channels

Fees charged to the Fund (% p.a. of NAV)

Lists of Fees
Details
Management fee
Not exceeding 3.2100%
​Trustee fee
Not exceeding 0.2675%
Registrar fee
Not exceeding 0.3210%
Other fees
As it is actually incurred

Fees charged to​ Unitholders (% of trading value)​

Lists of Fees
Details
Front-end fee​
Not exceeding 3.00​% (Waived)
Back-end fee
Not exceeding 3.00​% (Waived)
Brokerage fee
Not exceeding 0.75​%​
Exit fee




​Switching fee
- If holding less than a year : Waived until 31 December 2023
- If holding not less than a year : None

​- Switching to KAsset's SSFs : Waived
- Switching to Other SSFs : Actual charge​ 1.00%​​​
​
​


​

Fund Performance

Data as of March 21,2023
  YTD 3 months 6 months 1 year (p.a.) 3 years (p.a.) 5 years (p.a.) 10 years (p.a.) Since inception (p.a.)
K-CHANGE-SSF 1.40% 0.85% 0.19% -10.10% N/A N/A N/A 9.51%
Benchmark Return 2.76% 1.55% -1.07% -2.03% N/A N/A N/A 12.66%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
21/03/2023 17.5554 +0.0477|0.2725 % 17.5555 17.5554 4,083,123,152.89
20/03/2023 17.5077 -0.2766|1.5553 % 17.5078 17.5077 4,070,769,070.51
17/03/2023 17.7843 +0.2839|1.6222 % 17.7844 17.7843 4,134,458,291.37
16/03/2023 17.5004 -0.2042|1.1534 % 17.5005 17.5004 4,068,074,989.81
15/03/2023 17.7046 +0.2712|1.5556 % 17.7047 17.7046 4,114,139,430.18
14/03/2023 17.4334 +0.1664|0.9637 % 17.4335 17.4334 4,050,386,379.79
13/03/2023 17.2670 -0.4375|2.4711 % 17.2671 17.2670 4,011,742,914.49
10/03/2023 17.7045 0.0000|0.0000 % 17.7046 17.7045 4,112,421,470.49

Note: NAV Value Not include Dividend

View all

Market Update

Date Topic
View all

Announcements

Date Topic
View all

News

Date Topic
08/05/2020 KAsset launches four SSFs in four styles Investors recommended to take advantage of tax saving and gradually invest for long-term gain
View all

Fund Documents

Date Topic
View all