Rectification of the Wording Concerning Investment Policy of the Master Fund of 3 Feeder Funds under Management

5 November 2018
Krungsri Asset Management Company Limited (the “Management Company”) would like to notify unitholders of the amendments to the mutual fund project of below funds in relation to the investment policy of the respective master fund which have been considered by the Office of the Securities and Exchange Commission (the “SEC Office”).

Fund Name Name of Master Fund
1. Krungsri India Equity Fund (KF-INDIA) First State Indian Subcontinent Fund
2. Krungsri Greater China Equity Hedged Dividend Fund (KF-HCHINAD) First State Greater China Growth Fund
3. Krungsri Greater China Equity Hedged FX RMF (KFCHINARMF)
First State Greater China Growth Fund

The amendments are made for clarification which are insignificant and do not have any impact on the investment policy of the Funds.  They are summarized as follows: 
 
Details about the Investment Policy of the Master Fund
  • Specifying the investment limit of equity instruments as “no less than 70% of the Fund’s NAV”.
  • Adding the wording regarding investment in derivatives.
  • Pertaining to First State Greater China Growth Fund only:
                    -   Adding the wording regarding investments in China A Shares and China B Shares.
                    - Deleting the wording regarding investments in fixed income instruments as the master fund has not invested in fixed income instruments since the inception of the fund and the Fund Manager deems that investment in fixed income statement to create flexibility in portfolio management is not necessary for the Fund.
 
The above change shall take effect on 15 November 2018.  
 
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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