K-ASIACV
K Asia Controlled Volatility Fund


Data as of November 19,2020

NAV per unit

10.4372 Baht
Change
-0.04310.4112 %
Offer Price
10.5939 Baht
Bid Price
10.4372 Baht
Net Asset Value (NAV)
2,103,994,416.30 Baht
Registered Fund Capital
5,000 Million Baht
Inception Date
27 August 2020
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
No dividend payment
XD Dates
-

Bloomber​g Ticker
KASACVT:TB
Foreign Fund's Bloomberg Ticker
MSAIOPZ:LX
LOAHIAU:LX

Fund Type
• Mixed Fund
• Cross Investing Fund
• Fund of Funds
• FIF (Foreign Investment Fund)
The Fund is suitable for
•  Investors who are able to tolerate Asia securities’ price volatility and understand that they may suffer losses because the value of securities may go down as well as up.
 Investors who can accept foreign exchange risk.
• Recommended holding period : not less than 5 years. 
Investment Policy
• The Fund mainly invests in at least 2 foreign funds, on average in accounting period, not less than 80% of NAV. The Fund invests in foreign funds which invest in equity, convertible bonds, debt instruments and/or other securities listed, domiciled or issued by companies incorporated or exercising business activities in Asia. The Fund may invest in a particular Foreign Fund not more than 79% of NAV. The fund will control portfolio’s volatility, the fund manager using their own discretion to change their capital allocation into each foreign fund according market conditions. For example, during periods of high uncertainty, fund manager may consider reduce investment in risky assets to limit the rise in the volatility of the investment portfolio.
• The Fund may invest in mutual funds under the management of KAsset, on average in accounting period not exceeding 20% of NAV.
• The Fund and the foreign funds may invest in Structured Notes (SN) and derivatives for Efficient Portfolio Management purpose (EPM).
• The Fund will use derivatives to hedge against exchange rate risk at Fund Manager's discretion.
The foreign funds which K-ASIACV invests in :
Investment Policy of Morgan Stanley Investment Funds Asia Opportunity Fund - Z Shares
• The Fund will seek to achieve its investment objective by investing primarily in equity securities, including depositary receipts (including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs)), of issuers Located in Asia, excluding Japan, and China A-Shares via Stock Connect.
• The Fund may also invest in debt securities convertible into common shares, preference shares, warrants and other equity linked instruments.
• The Fund may make use derivatives for efficient portfolio management or hedging purposes.
For more information about the foreign fund, please visit website https://www.morganstanley.com/im/en-lu/institutional-investor/funds-and-performance/morgan-stanley-investment-funds/emerging-market-equity/asia-opportunity-fund.html​
Investment Policy of LO Funds – Asia High Conviction, (USD), N Class A
• The Fund invested in equity and equity related securities (including, but not limited to, warrants) issued by companies incorporated or exercising a prominent part of their business activities, directly or indirectly in Asia excluding Japan.
• Up to 15% of the Fund’s portfolio may be invested in China A-Shares via Stock Connect.
• Up to one-third (1/3rd) of the Fund’s portfolio may be invested in similar securities as described above but issued by companies not incorporated or exercising a prominent part of their business activities in Asia.
• The Investment Manager will use its discretion with regard to the selection of instruments, markets (in particular, the Fund may be fully invested in Emerging Markets) and currencies (including Emerging Market currencies). The Investment Manager may implement qualitative and/or systematic strategies.
• The Fund may use financial derivative instruments for hedging purposes, efficient portfolio management (EPM) and part of the investment strategy.
For more information about the foreign fund, please visit website https://am.lombardodier.com/home/investment-funds/fund/40891.html​





Risk Spectrum

Level 6
High Risk

Asset Allocation
(% of Investment)

Data as of August 31,2020

Subscription and Redemption Details

Subjects
Details
Subscription date
Every trading day 
between 8.30 a.m. - 3.30 p.m.
Redemption date
Every trading day 
between 8.30 a.m. - 3.30 p.m.
Minimum initial subscription
500 Baht
Minimum subsequent subscription
500 Baht
Minimum redemption
500 Baht
Minimum​ account balance
500 Baht
NAV announcement date
T+3 (business day)
Settlement date
T+5 ​(business day)​ at 10 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% p.a.
Trustee fee
Not exceeding 0.2675% p.a.
Registrar fee
Not exceeding 0.3210% p.a.
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
Back-end fee
Not exceeding 3.00%​​
Brokerage fee
None
Switching fee
Equal to the higher rate between the back-end fee of switch-out fund and the front-end fee of switch-in fund.​​


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Fund Performance

Data as of November 19,2020
  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-ASIACV 4.37% N/A N/A N/A N/A N/A N/A 4.37%
Benchmark Return 6.85% N/A N/A N/A N/A N/A N/A 6.85%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
19/11/2020 10.4372 -0.0431|0.4112 % 10.5939 10.4372 2,103,994,416.30
18/11/2020 10.4803 +0.0281|0.2688 % 10.6376 10.4803 2,086,760,791.60
17/11/2020 10.4522 -0.0655|0.6228 % 10.6091 10.4522 2,154,898,332.88
16/11/2020 10.5177 +0.1229|1.1823 % 10.6756 10.5177 2,182,341,427.82
13/11/2020 10.3948 +0.0909|0.8822 % 10.5508 10.3948 2,146,669,833.55
12/11/2020 10.3039 -0.1053|1.0116 % 10.4586 10.3039 2,131,258,384.19
10/11/2020 10.4092 -0.1830|1.7277 % 10.5654 10.4092 2,192,262,486.14
09/11/2020 10.5922 0.0000|0.0000 % 10.7512 10.5922 2,220,227,839.14

Note: NAV Value Not include Dividend

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