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

Investors cannot redeem this fund before January 4, 2021
Data as of January 18,2022

NAV per unit

20.2164 Baht
Change
-0.25231.2326 %
Offer Price
20.2165 Baht
Bid Price
20.2164 Baht
Net Asset Value (NAV)
3,628,785,506.84 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 September 30,2021

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 2022
- 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 January 18,2022
  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 -10.23% -14.58% -9.48% -7.03% N/A N/A N/A 26.74%
Benchmark Return -3.39% 1.01% 4.24% 17.13% N/A N/A N/A 25.15%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
18/01/2022 20.2164 -0.2523|1.2326 % 20.2165 20.2164 3,628,785,506.84
14/01/2022 20.4687 -0.6945|3.2816 % 20.4688 20.4687 3,672,208,368.05
13/01/2022 21.1632 -0.0121|0.0571 % 21.1633 21.1632 3,795,282,360.72
12/01/2022 21.1753 +0.3127|1.4989 % 21.1754 21.1753 3,794,602,585.67
11/01/2022 20.8626 -0.1027|0.4899 % 20.8627 20.8626 3,736,862,957.75
10/01/2022 20.9653 -0.3106|1.4599 % 20.9654 20.9653 3,752,649,220.98
07/01/2022 21.2759 -0.0605|0.2836 % 21.2760 21.2759 3,806,252,623.00
06/01/2022 21.3364 0.0000|0.0000 % 21.3365 21.3364 3,815,399,537.50

Note: NAV Value Not include Dividend

Market Update

Date Topic

Announcements

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