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

Investors cannot redeem this fund before January 4, 2021
Data as of September 25,2020

NAV per unit

17.0337 Baht
Change
+0.01560.0917 %
Offer Price
17.0338 Baht
Bid Price
N/A Baht
Net Asset Value (NAV)
76,002,802.73 Baht
Registered Fund Capital
8,000 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 August 28,2020

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)​ (3.00 p.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 : 1.50%
- If holding not less than a year : None

Switching out : 1.50%





Fund Performance

Data as of September 25,2020
  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 25.85% 13.46% N/A N/A N/A N/A N/A 25.85%
Benchmark Return 12.00% 5.44% N/A N/A N/A N/A N/A 12.00%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
25/09/2020 17.0337 +0.0156|0.0917 % 17.0338 N/A 76,002,802.73
24/09/2020 17.0181 -0.5412|3.0821 % 17.0182 N/A 74,895,496.47
23/09/2020 17.5593 +0.1833|1.0549 % 17.5594 N/A 76,379,585.51
22/09/2020 17.3760 +0.1240|0.7188 % 17.3761 N/A 74,581,968.04
21/09/2020 17.2520 -0.0776|0.4478 % 17.2521 N/A 72,879,024.85
18/09/2020 17.3296 -0.0397|0.2286 % 17.3297 N/A 72,493,753.62
17/09/2020 17.3693 -0.3560|2.0084 % 17.3694 N/A 71,697,128.88
16/09/2020 17.7253 0.0000|0.0000 % 17.7254 N/A 72,284,443.30

Note: NAV Value Not include Dividend

Market Update

Date Topic

Announcements

Date Topic