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

Investors cannot redeem this fund before January 4, 2021
Data as of November 29,2022

NAV per unit

17.8514 Baht
Change
+0.00630.0353 %
Offer Price
17.8515 Baht
Bid Price
17.8514 Baht
Net Asset Value (NAV)
3,700,756,210.57 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 October 31,2022

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 2023
- 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 November 28,2022
  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 -20.76% -1.85% 7.56% -23.14% N/A N/A N/A 11.44%
Benchmark Return -6.66% -3.54% 0.91% -4.70% N/A N/A N/A 14.48%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
29/11/2022 17.8514 +0.0063|0.0353 % 17.8515 17.8514 3,700,756,210.57
28/11/2022 17.8451 -0.0874|0.4874 % 17.8452 17.8451 3,693,789,677.58
25/11/2022 17.9325 +0.0880|0.4931 % 17.9326 17.9325 3,704,421,916.42
23/11/2022 17.8445 -0.0022|0.0123 % 17.8446 17.8445 3,683,906,460.04
22/11/2022 17.8467 -0.1819|1.0090 % 17.8468 17.8467 3,681,314,557.44
21/11/2022 18.0286 +0.0660|0.3674 % 18.0287 18.0286 3,715,484,476.53
18/11/2022 17.9626 -0.2675|1.4674 % 17.9627 17.9626 3,699,477,819.78
17/11/2022 18.2301 0.0000|0.0000 % 18.2302 18.2301 3,752,259,741.35

Note: NAV Value Not include Dividend

Market Update

Date Topic

Announcements

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