Amendment to the Fund Project of Krungsri Tuntawee Fund 5

5 February 2018
Krungsri Asset Management Company Limited (the “Company”) would like to inform you of amendments to Krungsri Tuntawee Fund 5 (KFTW5) regarding change in the fund name and classification of investment units to reflect the investment strategy and to provide options to investors.  The amendments have been approved by The Securities and Exchange Commission, the material details of which are as follows:  

1. Name of Fund Project
  Former Name Amended to
Thai name: กองทุนเปิดกรุงศรีทุนทวี 5 กองทุนเปิดกรุงศรีโกรทอิควิตี้
English name: Krungsri Tuntawee Fund 5 Krungsri Growth Equity Fund
Fund code: KFTW5 KFGROWTH

2. Class of Units – 2 Classes
(1)       Dividend : Krungsri Growth Equity Fund – D (KFGROWTH-D)
This fund is suitable for investors who wish to receive a regular income from dividend.
(2)       Accumulation : Krungsri Growth Equity Fund – A (KFGROWTH-A)
This fund is suitable for investors who do not wish to receive dividend but to accumulate the benefits from the investment in form of capital gain.

In addition to the above amendments, the Company has also made amendments to the fund project in other aspects related to classes of units including definition, post initial public offering (Post IPO), redemption, switching, dividend payment, fees and expenses charged to the fund and unitholders, calculation method, calculation period, announcement of net asset value, unit value and unit price, request for a resolution from unitholders, method of amendments of the fund project or amendments to the management method.  However, all amendments shall not affect the investment policy and/or fund portfolio.

Since the above amendments will be in effect on 2 March 2018, the Company will therefore commence selling accumulate units (KFGROWTH-A) on 2 March 2018.  The unitholders whose names appear in the unitholder register of the fund before 2 March 2018 will be classified as unitholders of dividend units (KFGROWTH-D) only.  Should they wish to switch between class of units, they may do so on 2 March 2018 or after with no switching fee.  The switching terms shall be as specified in the ”Switching of Units” section.

In addition, the Company would like to inform you of the change in other items as the following:

1) Change in Fees Charged to the Fund and Fees Charged to Unitholders
Descriptions Actual charged
Old Change to
KFTW5 KFGROWTH-A KFGROWTH-D
- Fees Charged to the Fund (% of NAV per annum)
Management fee 1.8725 2.14
- Fees Charged to Unitholders (% of transaction amount)
Subscription Fee (front-end fee) None 1.00
Switch-in fee None 1.00
Remark: All above mentioned fees include Value Added Tax or Specific Business Tax or other taxes.

2) Change in Proceeds Payment Period
Old Change to
4 business days after the redemption date (T + 4) 3 business days after the redemption date
(T + 3)
The above change shall take effect on 2 March 2018 onwards.

Should you have any queries or require any further information, please contact your account manager or our Client Service at 02-657-5757 press 2 or via email at krungsriasset.clientservice@krungsri.com.

Please be informed accordingly.
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