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

Investors cannot redeem this fund before January 4, 2021
Data as of January 15,2021

NAV per unit

21.7572 Baht
Change
-0.01020.0469 %
Offer Price
21.7573 Baht
Bid Price
21.7572 Baht
Net Asset Value (NAV)
1,833,043,105.73 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 December 30,2020

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

Switching out : 1.50%





Fund Performance

Data as of January 15,2021
  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 7.00% 17.70% 30.80% N/A N/A N/A N/A 60.75%
Benchmark Return 1.65% 7.82% 12.19% N/A N/A N/A N/A 24.66%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
15/01/2021 21.7572 -0.0102|0.0469 % 21.7573 21.7572 1,833,043,105.73
14/01/2021 21.7674 +0.1435|0.6636 % 21.7675 21.7674 1,830,813,029.92
13/01/2021 21.6239 +0.1135|0.5277 % 21.6240 21.6239 1,814,920,996.07
12/01/2021 21.5104 -0.3700|1.6910 % 21.5105 21.5104 1,801,848,985.64
11/01/2021 21.8804 +0.4048|1.8849 % 21.8805 21.8804 1,830,344,614.99
08/01/2021 21.4756 +0.5983|2.8658 % 21.4757 21.4756 1,794,786,646.80
07/01/2021 20.8773 +0.3301|1.6065 % 20.8774 20.8773 1,742,706,692.97
06/01/2021 20.5472 0.0000|0.0000 % 20.5473 20.5472 1,713,757,083.81

Note: NAV Value Not include Dividend

Market Update

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Announcements

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