The Fund is suitable for
• Investors who expect consistent long-term capital appreciation under different macro environment and can accept unit price volatility.
• Investors who understand and are able to tolerate leverage risk. Since derivative investment will allow the Fund to gain larger exposure (leverage) to asset values than the amount the Fund invests.
• Investors who are able to accept exchange rate risk and understand that movements in currency exchange rates can adversely affect the return of your investment.
• Recommended holding period : not less than 5 years.
Investment Policy
• The Fund invests in at least 2 foreign funds not less than 80% of NAV on average in any accounting period.
• The Fund mainly invests in foreign funds, for example, equity, fixed income, alternative funds such as commodity funds, and/or other funds including Real Estate Investment Trusts (REITs), infrastructure funds, ETFs worldwide. The portfolio will be adjusted at Fund Manager's discretion.
• The Fund may invest in Structured Note (SN) and derivatives for Efficient Portfolio Management purpose (EPM) to achieve higher return or reduce expense. The Fund may use derivatives to hedge against exchange rate risk at Fund Manager's discretion.
• The Fund and foreign funds may invest in local and foreign non-investment grade and unrated fixed income securities.
• The Fund may apply borrowing transaction as part of the investment strategy and liquidity management not more than 50% of NAV.
• KAsset reserves the right to change fund type to Feeder Fund or Direct Investment Fund or turn back to Fund of Funds, at Fund Manager's discretion, on condition that the Fund’s risk spectrum must not be higher by giving at least 60 days advance notice of such change via KAsset website.
The foreign funds which K-GLAM-UI invests in more than 20% of NAV, details as follows:
Bloomberg Ticker: LOCSHUA:LX
The Fund invests either directly or through units of UCITS or UCIs in a diversified portfolio consisting of (i) bonds, (ii) other fixed or floating-rate debt securities and short-term debt instruments issued or guaranteed by sovereign or non-sovereign issuers, (iii) convertible bonds, (iv) equities, (v) currencies (including emerging currencies), (vi) financial derivative instruments exposed to any of the above investments as well as to commodities via eligible indices and (vii) Cash & Cash Equivalents. In additions, the Investment Manager may use financial derivative instruments for hedging purposes, EPM and as part of the investment strategy.
Bloomberg Ticker: LGFGUIA:LX
The Foreign Fund will have exposure in various traditional asset classes including, but not limited to, equities, bonds, interest rates, currencies, commodities, credit and volatility along with the financial derivatives instruments to be used to achieve the desired exposure. The Investment Manager will use its discretion with respect to the total number of underlying strategies and selection of markets (in particular, the Fund may be fully invested in Emerging Markets). In additions, the Investment Manager may use financial derivative instruments for hedging purposes, EPM and as part of the investment strategy.