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

Investors cannot redeem this fund before January 4, 2021
Data as of August 11,2022

NAV per unit

18.4833 Baht
Change
+0.43432.4062 %
Offer Price
18.4834 Baht
Bid Price
18.4833 Baht
Net Asset Value (NAV)
3,667,062,392.99 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 July 27,2022

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 August 11,2022
  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 -17.92% 10.78% -2.88% -26.91% N/A N/A N/A 14.82%
Benchmark Return -3.56% 7.45% 2.85% 2.23% N/A N/A N/A 18.25%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
11/08/2022 18.4833 +0.4343|2.4062 % 18.4834 18.4833 3,667,062,392.99
10/08/2022 18.0490 -0.4215|2.2820 % 18.0491 18.0490 3,579,859,467.37
09/08/2022 18.4705 -0.0575|0.3103 % 18.4706 18.4705 3,662,601,834.45
08/08/2022 18.5280 -0.0931|0.5000 % 18.5281 18.5280 3,672,064,971.71
05/08/2022 18.6211 +0.1125|0.6078 % 18.6212 18.6211 3,688,785,025.20
04/08/2022 18.5086 +0.8441|4.7785 % 18.5087 18.5086 3,664,876,609.95
03/08/2022 17.6645 +0.2058|1.1788 % 17.6646 17.6645 3,496,030,845.77
02/08/2022 17.4587 0.0000|0.0000 % 17.4588 17.4587 3,453,505,761.84

Note: NAV Value Not include Dividend

Market Update

Date Topic

Announcements

Date Topic