K-THRE24A-UI
K Thailand Real Estate 24A Fund Not for Retail Investors

*For Institutional and Ultra High Net Worth Investors* *High Risk or Complex Fund* Investors cannot redeem this Fund before 9 years and 5 months. If there are any factors negatively affect the investment of this Fund, investors may suffer substantial losses. Also this Fund does not have investment restriction like general fund, and has high concentration in Hospitality Assets, so it is only suitable for investors who have high capacity to bear loss.
Data as of December 30,2024

NAV per unit

9.9299 THB
Offer Price
N/A THB
Bid Price
N/A THB
Net Asset Value (NAV)
1,162,857,543.97 THB
Registered Fund Capital
2,500 Million Baht
Inception Date
27 November 2024 (Subject to change)
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Dividend Payout Policy
 No dividend payment
XD Dates
      -

Bloomberg Ticker
           
Master Fund's Bloomberg Ticker
        
Fund Type / AIMC Category
• Foreign Private Asset Fund
• Feeder Fund
• Cross Investing Fund
• Foreing Investment Fund
• Miscellaneous
Investment Policy and Strategy
• The Fund will invest in CG Capital Real Estate Partners Fund I, L.P. (Master Fund) in Thai Baht. The Master Fund is established in Mauritius and focuses on investing in securities (unlisted equity and debt instruments) of SPVs/companies whose underlying assets are Hospitality Assets in Thailand and may invest up to 15% of its total Commitments outside Thailand, with a minimum commitment of 650 MB which may be reduced or waived and has a term of 9 years and 5 months.
• The Fund and The Master Fund may have investments or make transaction as follows;
1) The Fund may invest in derivatives for EPM and structured notes not exceeding 50% of NAV and the Master Fund may invest in derivatives without limit. 
2) The Fund may borrow or engage in repos for investment up to 50% of NAV. The Master Fund may borrow up to 65% of its Portfolio Investment (whichever is higher, fair value or cost) and will not engage in repos for investment. 
3) The Fund and  the Master Fund will invest in PE up to 100% of NAV, and up to 100% of its Portfolio Investment including the value of borrowings, respectively. 
• The Fund and the Master Fund will not engage in short sale.
• The Fund may invest in funds under management of KAsset not exceeding 100% of NAV.


Risk Spectrum

Level 8+
Extremely High Risk

Asset Allocation
(% of Investment)

Data as of December 30,2024

Subscription and Redemption Details

Subjects
Details
Subscription date
IPO : 11 - 25 November 2024
between 8.30 a.m. - 3.30 p.m.

​Unitholders can subcribe this Fund by switching from K-CASH, K-MONEY, K-TREASURY, K-SF and K-SFPLUS  during the initial offering period.​​
Redemption date
The Management Company, in its absolute discretion, will automatically redeem the investment units and the last automatic redemption of investment units upon termination of the Fund which will transfer to the deposit account as the unitholder has notified in the fund account opening form.​​
Minimum initial subscription
500,000 Baht

Minimum subsequent subscription
-

Minimum redemption
-
Minimum​ account balance
-
NAV announcement date
T+1 business day (NAV is calculated on the last business day of March, June, September and December.)
Redemption Monies Proceeding​
T+5 business days

Subscription and redemption channels​
          • - PRIVATE BANKING GROUP, KASIKORNBANK PCL.​
          • - Kiatnakin Phatra Securities Public Company Limited​
          • - Kasikorn Securities PCL.​

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%

Actual charge per transaction as follows;
- Subscribe 0.5 MB and over but less than 50 MB: 2.00%
- Subscribe 50 MB and over but less than 100 MB: 1.75%
- Subscribe 100 MB and over: 1.50%​
Back-end fee
Not exceeding 3.00%
Brokerage fee
None
Switc​hing fee
Switching-in fee equals to the higher rate between the back-end fee of switch-out fund and the front-end fee of switch-in fund.

Historical NAV per unit (THB)

Date NAV per unit Change Offer Price Bid Price Net Asset Value
30/12/2024 9.9299 0.0000|0.0000 % N/A N/A 1,162,857,543.97

Note: NAV Value Not include Dividend

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