K-CHANGE-A(A)
K Positive Change Equity Fund-A(A)


Data as of July 2,2020

NAV per unit

15.4577 Baht
Change
+0.11210.7305 %
Offer Price
15.6897 Baht
Bid Price
15.4577 Baht
Net Asset Value (NAV)
1,607,201,207.08 Baht
Registered Fund Capital
1,700 Million Baht
Inception Date
16 May 2019
​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
No dividend payment
XD Dates
     -
Bloomberg Ticker
​KPSCGEQ:TB​

Master Fund's Bloomberg Ticker
BGPCBAG:LN​
    

Fund Type
• Equity 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 hold their investment for not less than 5 years. 
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.  

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 May 29,2020

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+2 (business day)
Settlement date
T+4 (business day)​ (3.00 p.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​%
Back-end fee
Not exceeding 3.00​%
Brokerage fee
Not exceeding 0.75​%
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.​





Fund Performance

Data as of July 2,2020
  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-CHANGE-A(A) 31.74% 41.37% 32.43% 45.85% N/A N/A N/A 46.81%
Benchmark Return 0.20% 21.84% -0.84% 4.68% N/A N/A N/A 9.21%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
02/07/2020 15.4577 +0.1121|0.7305 % 15.6897 15.4577 1,607,201,207.08
01/07/2020 15.3456 +0.1385|0.9108 % 15.5759 15.3456 1,584,045,704.73
30/06/2020 15.2071 +0.1702|1.1319 % 15.4353 15.2071 1,564,557,080.76
29/06/2020 15.0369 -0.1546|1.0177 % 15.2626 15.0369 1,519,235,309.02
26/06/2020 15.1915 +0.1792|1.1937 % 15.4195 15.1915 1,516,895,734.12
25/06/2020 15.0123 -0.2171|1.4255 % 15.2376 15.0123 1,451,043,724.84
24/06/2020 15.2294 -0.0223|0.1462 % 15.4579 15.2294 1,489,931,178.24
23/06/2020 15.2517 0.0000|0.0000 % 15.4806 15.2517 1,457,109,329.06

Note: NAV Value Not include Dividend

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