KASIKORN ASSET MANAGEMENT Co., Ltd. (the Management Company) would like to notify you that the Management Company has been approved by the Securities and Exchange Commission (SEC) to amend the project of K Japan Equity Fund (K-JP) and K Japanese Equity RMF (KJPRMF) to change the master fund and amend other relevant subjects. The amendments are summarized as follows:
1. Change the master fund, as the Management Company has conducted an annual review for mutual funds, it has fund that the performance of the old master fund has consistently been lower than the average performance of funds in the same category. Such amendment is in accordance with the rights reserved in the fund’s project.
Old: Schroder International Selection Fund Japanese Equity, Class A Acc
New: Lazard Japanese Strategic Equity Fund, Class A Acc JPY
2. Change the benchmark to be consistent with the new master fund.
Old: TOPIX Net Total Return 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
New: TOPIX Total Return 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)
3. Change "The timeline for calculating and announcing the Net Asset Value, investment unit value, and investment unit price" of the Fund to align with the date the Management Company receives information from the new master fund.
Old: Calculate the Fund's net asset value within 1 business day and announce it within 2 business days.
New: Calculate the Fund's net asset value within 2 business days and announce it within 3 business days.
4. Change the settlement date of the Fund to align with the settlement date of the new master fund.
Old: Settlement date on T+4 (4 business days from the redemption date).
New: Settlement date on T+5 (5 business days from the redemption date).
Such amendments shall be effective from November 1, 2024 onwards.
For further information, please contact KAsset Contact Center Tel. 0 2673 3888 press 1 or email: ka.customer@kasikornasset.com.
Kasikorn Asset Management Co., Ltd.
October 30, 2024