K-GLAM-UI
K Global Risk Allocation Fund Not for Retail Investors

Not for Retail Investors (For Institutional and High Net Worth Investors Only). High Risk or Complex Fund. Since the Fund has has high concentration limit in a particular fund, investors may suffer severe financial losses. Thus the Fund is only suitable for investors who can accept high risk of loss.
Data as of November 19,2020

NAV per unit

10.1315 Baht
Change
+0.00730.0721 %
Offer Price
10.2836 Baht
Bid Price
10.1315 Baht
Net Asset Value (NAV)
9,244,079,593.30 Baht
Registered Fund Capital
30,000 Million Baht
Inception Date
2 October 2019
​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
No dividend payment
XD Dates
-

Bloomberg Ticker
-

Foreign Funds' Bloomberg Ticker
LOCSHUA:LX and LGFGUIA:LX
Fund Type
High Risk or Complex Fund
• Mixed Fund
• Fund of Funds
• FIF (Foreign Investment Fund)
The Fund is suitable for
• Investors who expect consistent long-term capital appreciation under different macro environment and can accept unit price volatility.
• Investors who understand and are able to tolerate leverage risk. Since derivative investment will allow the Fund to gain larger exposure (leverage) to asset values than the amount the Fund invests. 
• Investors who are able to accept exchange rate risk and understand that movements in currency exchange rates can adversely affect the return of your investment.
• Recommended holding pe​​​riod : not less than 5 years.
Investment Policy
• The Fund invests in at least 2 foreign funds not less than 80% of NAV on average in any accounting period. 
• The Fund mainly invests in foreign funds, for example, equity, fixed income, alternative funds such as commodity funds, and/or other funds including Real Estate Investment Trusts (REITs), infrastructure funds, ETFs worldwide. The portfolio will be adjusted at Fund Manager's discretion.
• The Fund may invest in Structured Note (SN) and derivatives for Efficient Portfolio Management purpose (EPM) to achieve higher return or reduce expense. The Fund may use derivatives to hedge against exchange rate risk at Fund Manager's discretion. 
• The Fund and foreign funds may invest in local and foreign non-investment grade and unrated fixed income securities.
• The Fund may apply borrowing transaction as part of the investment strategy and liquidity management not more than 50% of NAV.
• KAsset reserves the right to change fund type to Feeder Fund or Direct Investment Fund or turn back to Fund of Funds, at Fund Manager's discretion, on condition that the Fund’s risk spectrum must not be higher by giving at least 60 days advance notice of such change via KAsset website.​

The foreign funds which K-GLAM-UI​ invests in more than 20% of NAV, details as follows:  
Bloomberg Ticker: LOCSHUA:LX  
The Fund invests either directly or through units of UCITS or UCIs in a diversified portfolio consisting of (i) bonds, (ii) other fixed or floating-rate debt securities and short-term debt instruments issued or guaranteed by sovereign or non-sovereign issuers, (iii) convertible bonds, (iv) equities, (v) currencies (including emerging currencies), (vi) financial derivative instruments exposed to any of the above investments as well as to commodities via eligible indices and (vii) Cash & Cash Equivalents. In additions, the Investment Manager may use financial derivative instruments for hedging purposes, EPM and as part of the investment strategy.
Bloomberg Ticker: LGFGUIA:LX  
The Foreign Fund will have exposure in various traditional asset classes including, but not limited to, equities, bonds, interest rates, currencies, commodities, credit and volatility along with the financial derivatives instruments to be used to achieve the desired exposure. The Investment Manager will use its discretion with respect to the total number of underlying strategies and selection of markets (in particular, the Fund may be fully invested in Emerging Markets).  In additions, the Investment Manager may use financial derivative instruments for hedging purposes, EPM and as part of the investment strategy.




Risk Spectrum

Level 8+
Extremely High Risk

Asset Allocation
(% of Investment)

Data as of August 31,2020

Subscription and Redemption Details

Subjects
Details
Subscription date
IPO ​: 24 - 30 September 2019 and Post-IPO on 15 October 2019. After Post-IPO, unitholders can subscribe the Fund 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 (business day​)
Settlement date
T+7 (business day​)​ at 10.00 a.m.​
Subscription and redemption channels
  • ​PRIVATE BANKING GROUP, KASIKORNBANK PCL.​
    • AFFLUENT BUSINESS NETWORK, KASIKORNBANK PCL​.
    • Other selling agents
      (​​Please see list of selling agents in Fund Fact Sheet)​​


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​% (​​​​​IPO : 1.00%, Post-IPO : 1.50%) 
Back-end fee
Not exceeding 3.00​% ​(Actual : W​aived)
Brokerage fee
None
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-GLAM-UI -1.98% 1.55% 6.86% 0.02% N/A N/A N/A 1.16%
Benchmark Return 0.00% N/A N/A N/A N/A N/A N/A N/A

Historical NAV per unit

Date NAV per unit Change Offer Price Bid Price Net Asset Value
19/11/2020 10.1315 +0.0073|0.0721 % 10.2836 10.1315 9,244,079,593.30
18/11/2020 10.1242 +0.0026|0.0257 % 10.2762 10.1242 9,280,343,386.10
17/11/2020 10.1216 +0.0096|0.0949 % 10.2735 10.1216 9,329,969,535.75
16/11/2020 10.1120 +0.0506|0.5029 % 10.2638 10.1120 9,321,110,438.79
13/11/2020 10.0614 +0.0194|0.1932 % 10.2124 10.0614 9,294,527,409.44
12/11/2020 10.0420 +0.0276|0.2756 % 10.1927 10.0420 9,287,949,872.41
10/11/2020 10.0144 -0.0286|0.2848 % 10.1647 10.0144 9,267,353,197.98
09/11/2020 10.0430 0.0000|0.0000 % 10.1937 10.0430 9,293,801,379.73

Note: NAV Value Not include Dividend

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