K-CHANGE-SSF
K Positive Change Equity Fund-SSF

Investors cannot redeem this fund before January 4, 2021
Data as of March 23,2023

NAV per unit

17.5860 Baht
Change
-0.21401.2022 %
Offer Price
17.5861 Baht
Bid Price
17.5860 Baht
Net Asset Value (NAV)
4,090,932,230.77 Baht
Registered Fund Capital
18,000 Million Baht
Inception Date
16 May 2019 (Class launched : 11 May 2020)
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
No dividend payment
XD Dates
     -
Bloomberg Ticker
​KPSCSSF:TB​​

Master Fund's Bloomberg Ticker
BGPCBAG:LN​
    

Fund Type
• Equity Fund
• Super Savings 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 accept conditions for investment period by holding units not less than 10 years from subscription date.
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.  
• Class Launch Date of K-CHANGE-SSF is 11 May 2020.

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.
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Risk Spectrum

Level 6
High Risk

Asset Allocation
(% of Investment)

Data as of Febuary 28,2023

Subscription and Redemption Details

Subjects
Details
Subscription date
Every trading day
between 8.30 a.m. - 3.30 p.m.
Redemption date
Unitholders can redeem from January 4, 2021 onward in every business day between 8.30 a.m. - 3.30 p.m.​
Minimum initial subscription
500 Baht
Minimum subsequent subscription
500 Baht
Minimum redemption
None
Minimum​ account balance
None
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​% (Waived)
Back-end fee
Not exceeding 3.00​% (Waived)
Brokerage fee
Not exceeding 0.75​%​
Exit fee




​Switching fee
- If holding less than a year : Waived until 31 December 2023
- If holding not less than a year : None

​- Switching to KAsset's SSFs : Waived
- Switching to Other SSFs : Actual charge​ 1.00%​​​
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Fund Performance

Data as of March 23,2023
  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-SSF 1.58% 1.19% 3.91% -11.12% N/A N/A N/A 9.56%
Benchmark Return 1.79% 1.26% -2.47% -3.34% N/A N/A N/A 12.26%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
23/03/2023 17.5860 -0.2140|1.2022 % 17.5861 17.5860 4,090,932,230.77
22/03/2023 17.8000 +0.2446|1.3933 % 17.8001 17.8000 4,140,891,465.34
21/03/2023 17.5554 +0.0477|0.2725 % 17.5555 17.5554 4,083,123,152.89
20/03/2023 17.5077 -0.2766|1.5553 % 17.5078 17.5077 4,070,769,070.51
17/03/2023 17.7843 +0.2839|1.6222 % 17.7844 17.7843 4,134,458,291.37
16/03/2023 17.5004 -0.2042|1.1534 % 17.5005 17.5004 4,068,074,989.81
15/03/2023 17.7046 +0.2712|1.5556 % 17.7047 17.7046 4,114,139,430.18
14/03/2023 17.4334 0.0000|0.0000 % 17.4335 17.4334 4,050,386,379.79

Note: NAV Value Not include Dividend

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Market Update

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Announcements

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News

Date Topic
08/05/2020 KAsset launches four SSFs in four styles Investors recommended to take advantage of tax saving and gradually invest for long-term gain
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Fund Documents

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