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

Investors cannot redeem this fund before January 4, 2021
Data as of April 9,2021

NAV per unit

21.2579 Baht
Change
+0.30841.4721 %
Offer Price
21.2580 Baht
Bid Price
21.2579 Baht
Net Asset Value (NAV)
1,983,879,037.39 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 March 31,2021

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 2021
- 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 April 9,2021
  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 4.55% -1.01% 16.44% N/A N/A N/A N/A 57.07%
Benchmark Return 8.74% 5.58% 15.51% N/A N/A N/A N/A 33.36%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
09/04/2021 21.2579 +0.3084|1.4721 % 21.2580 21.2579 1,983,879,037.39
08/04/2021 20.9495 +0.0558|0.2671 % 20.9496 20.9495 1,953,106,812.72
07/04/2021 20.8937 +0.3800|1.8524 % 20.8938 20.8937 1,941,778,240.04
01/04/2021 20.5137 +0.6680|3.3660 % 20.5138 20.5137 1,903,673,812.39
31/03/2021 19.8457 +0.0161|0.0812 % 19.8458 19.8457 1,839,341,570.23
30/03/2021 19.8296 -0.2112|1.0539 % 19.8297 19.8296 1,835,726,364.59
29/03/2021 20.0408 +0.1060|0.5317 % 20.0409 20.0408 1,851,881,447.75
26/03/2021 19.9348 0.0000|0.0000 % 19.9349 19.9348 1,838,845,056.43

Note: NAV Value Not include Dividend

Market Update

Date Topic

Announcements

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