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


Data as of November 20,2020

NAV per unit

18.5594 Baht
Change
+0.13310.7223 %
Offer Price
18.8379 Baht
Bid Price
18.5594 Baht
Net Asset Value (NAV)
6,545,500,740.28 Baht
Registered Fund Capital
8,000 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 August 28,2020

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)​ (10.00 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%
​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 November 20,2020
  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) 58.17% 8.33% 31.89% 66.45% N/A N/A N/A 50.18%
Benchmark Return 9.57% 5.96% 15.01% 12.46% N/A N/A N/A 13.26%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
20/11/2020 18.5594 +0.1331|0.7223 % 18.8379 18.5594 6,545,500,740.28
19/11/2020 18.4263 +0.2063|1.1323 % 18.7028 18.4263 6,404,488,510.81
18/11/2020 18.2200 -0.1539|0.8376 % 18.4934 18.2200 6,287,685,184.82
17/11/2020 18.3739 +0.1037|0.5676 % 18.6496 18.3739 6,134,738,226.42
16/11/2020 18.2702 +0.1152|0.6345 % 18.5444 18.2702 6,043,796,444.45
13/11/2020 18.1550 +0.0544|0.3005 % 18.4274 18.1550 5,819,469,634.22
12/11/2020 18.1006 +0.4306|2.4369 % 18.3722 18.1006 5,641,500,897.13
11/11/2020 17.6700 0.0000|0.0000 % 17.9352 17.6700 5,170,562,584.63

Note: NAV Value Not include Dividend

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