Kasikorn Asset Management Company Limited (the Management Company) would like to inform unitholders that the Management Company has been approved by the Securities and Exchange Commission (SEC) to amend the Projects and Commitments of K Global High Impact Thematic Equity Fund (K-HIT). These amendments include changes to the Master Fund, the Fund name, and other related matters, including amendments to the Projects and Commitments to comply with SEC notifications. The key amendments are summarized as follows:
1. Change of Master Fund
As the Management Company has conducted an annual review of the mutual funds, it has determined that the performance of the Current Master Fund has underperformed other funds with similar investment policies over the long term. Therefore, investing in another fund with a similar investment policy that aligns with the Fund's investment policy will be beneficial to the overall performance of the Fund and in the best interest of the unitholders. The amendment is in accordance with the rights reserved under the Fund's project.
| Current Master Fund | New Master Fund |
| Allianz Global Investors Fund – Allianz Thematica Share Class P (EUR) | Capital Group New Economy Fund (LUX) – Class Z (USD)
|
2. Change of Fund name
| Current
| New
|
Fund name
| K Global High Impact Thematic Equity Fund
| K Global Next Generation Fund
|
Fund code
| K-HIT
| K-GNEXT
|
3. Change of Benchmark
Current Benchmark
| New Benchmark
|
| MSCI ACWI Net Total Return EUR Index (100%) (90% adjusted by the cost of exchange rate risk hedging and converted to Thai Baht at the date of return calculation and 10% adjusted by exchange rate converted to Thai Baht at the date of return calculation)
| MSCI AC World Daily Total Return Net USD Index (100%) (90% adjusted by the cost of exchange rate risk hedging and converted to Thai Baht at the date of return calculation and 10% adjusted by exchange rate converted to Thai Baht at the date of return calculation)
|
4. Amendments to comply with SEC Notification No. Sor Nor. 29/2564: Details of Mutual Fund Project.
| Subject | Current | New |
| Foreign Exchange Hedging Policy | Foreign Exchange Hedging Policy of the Fund: Partially hedged Foreign Exchange Hedging Ratio: 75.00% of the foreign investment value or the existing risk exposure
The Fund will invest in derivatives to hedge foreign exchange risk for no less than 75% of the foreign investments value.
| Foreign Exchange Hedging Policy of the Fund: Dynamic hedging (0%–105% of risk exposure)
The Fund will invest in derivatives to hedge foreign exchange risk for no less than 75% of the foreign investments value.
|
| Base management fee | No item specified in the Fund Project | 1.605% per annum of the Fund's total assets less total liabilities, excluding the management fee, trustee fee, and registrar fee. |
| Performance fee | No item specified in the Fund Project | No Performance fee |
5. Amend the fund project regarding the classification of unit classes, in order to comply with the Notification of the Capital Market Supervisory Board No. Tor Nor. 88/2558: Establishment of Retail Funds, Accredited Investor Funds and Execution of Agreements for Management of Private Funds.
Current
| New
|
| Share Class Classification : - Fees or expenses charged to unitholders
| Share Class Classification : - Type of investors
|
6. Amendments to comply with SEC Notification No. Sor Nor. 9/2564: Rules, Conditions, and Procedures for Management of Retail Funds, Mutual Funds for Accredited Investors, and Mutual Funds for Institutional Investors.
- Revision of the Rules for changes to fees or expenses.
7. Amendments to comply with Guideline No. Nor Por. 1/2562: Guidelines for the Establishment of Policies, Measures, and Operating Systems Relating to Potential Conflicts of Interest with Clients and to Proprietary Trading of the Management Company.
- Addition of provisions regarding benefits received in connection with business operations (soft/hard dollar).
This amendment will be effective from April 7, 2026.
For further information, please contact KAsset Contact Center Tel. 02 673 3888 press 1 or email: ka.customer@kasikornasset.com.
Kasikorn Asset Management Co., Ltd.
April 1, 2026