K-CLIMATE
K Climate Transition Fund


Data as of November 19,2020

NAV per unit

10.5667 Baht
Change
+0.05670.5395 %
Offer Price
10.7253 Baht
Bid Price
10.5667 Baht
Net Asset Value (NAV)
803,885,159.16 Baht
Registered Fund Capital
3,000 Million Baht
Inception Date
17 September 2020
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
No dividend Payment
XD Dates
     -
Bloomberg Ticker
KCLIMAT:TB
Master Fund's Bloomberg Ticker
LOFCIAU:LX
    

Fund Type
• Equity Fund
• Feeder Fund
• FIF (Foreign Investment Fund)
The Fund is suitable for
• Investors who seek a fund that invests in the companies whose growth will benefit from regulations, innovations, services or products related to the global fight against or adaptation to climate change and 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 LO Funds – Climate Transition, (USD), I Class A​ (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.  

• The Master Fund invests in equity and equity related securities (including, but not limited to, warrants) issued by companies worldwide (including Emerging Markets) whose growth will benefit from regulations, innovations, services or products related to the global fight against or adaptation to climate change.




Risk Spectrum

Level 6
High Risk

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 (T = business day)
Settlement date
T+5 at 10.00 a.m. (T = business day)
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​%
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 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-CLIMATE 5.67% N/A N/A N/A N/A N/A N/A 5.67%
Benchmark Return 5.57% N/A N/A N/A N/A N/A N/A 5.57%

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
19/11/2020 10.5667 +0.0567|0.5395 % 10.7253 10.5667 803,885,159.16
18/11/2020 10.5100 -0.0463|0.4386 % 10.6678 10.5100 790,798,522.67
17/11/2020 10.5563 -0.0246|0.2325 % 10.7147 10.5563 788,406,434.40
16/11/2020 10.5809 +0.0710|0.6756 % 10.7397 10.5809 788,551,714.67
13/11/2020 10.5099 +0.0775|0.7429 % 10.6677 10.5099 767,974,036.87
12/11/2020 10.4324 +0.0558|0.5377 % 10.5890 10.4324 749,329,520.04
10/11/2020 10.3766 -0.0674|0.6453 % 10.5324 10.3766 732,217,786.87
09/11/2020 10.4440 0.0000|0.0000 % 10.6008 10.4440 734,262,190.22

Note: NAV Value Not include Dividend

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