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

Investors cannot redeem this fund before January 4, 2021
Data as of November 20,2020

NAV per unit

18.5595 Baht
Change
+0.13310.7223 %
Offer Price
18.5596 Baht
Bid Price
N/A Baht
Net Asset Value (NAV)
190,941,985.89 Baht
Registered Fund Capital
8,000 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 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
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 : 1.50%
- If holding not less than a year : None

​Switching out : 1.50%​
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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-SSF 37.13% 8.33% 31.89% N/A N/A N/A N/A 37.13%
Benchmark Return 17.98% 5.96% 15.01% N/A N/A N/A N/A 17.98%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
20/11/2020 18.5595 +0.1331|0.7223 % 18.5596 N/A 190,941,985.89
19/11/2020 18.4264 +0.2062|1.1317 % 18.4265 N/A 186,151,124.26
18/11/2020 18.2202 -0.1538|0.8371 % 18.2203 N/A 179,426,762.53
17/11/2020 18.3740 +0.1037|0.5676 % 18.3741 N/A 176,115,453.36
16/11/2020 18.2703 +0.1152|0.6345 % 18.2704 N/A 170,386,017.21
13/11/2020 18.1551 +0.0543|0.3000 % 18.1552 N/A 165,856,611.35
12/11/2020 18.1008 +0.4306|2.4369 % 18.1009 N/A 162,236,020.91
11/11/2020 17.6702 0.0000|0.0000 % 17.6703 N/A 154,792,598.25

Note: NAV Value Not include Dividend

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Market Update

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Announcements

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News

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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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