As the tax privileges provided for investment in LTF will expire by the end of this year and in order to avoid any errors that may arise from applying for such tax privileges, Krungsri Asset Management Company Limited (“the Company”) would like to inform our unitholders that, effective from 2 January 2020 onwards, the Company will close the subscription orders of and/or the switching-in orders from other non-LTFs to 6 LTF funds under management as follows:
1. Krungsri Active SET50 Dividend LTF (KFLTFA50-D)
2. Krungsri Equity Dividend 70/30 LTF (KFLTFEQ70D)
3. Krungsri All Stars Dividend LTF (KFLTFAST-D)
4. Krungsri Thai Small-Mid Cap Dividend LTF (KFLTFTSM-D)
5. Krungsri Thai All Stars Dividend LTF (KFLTFSTARD)
6. Krungsri Dynamic LTF (KFLTFDNM)
The closure to subscription and/or switching-in services for the above-mentioned Funds is in accordance with the provision of the Mutual Fund Project regarding conditions for offering of investment units which stipulates that “The Management Company reserves the right to stop accepting the subscription orders of the investment units of the Fund temporarily or permanently as deemed appropriate”.
Nevertheless, the unitholders can still undertake the following transactions as normal:
1. Redemption of investment units of the LTFs.
2. Switching of investment units between LTFs under management of the Company.
3. Switching of investment units between the LTF of the Company and that of other asset management company.
In this regard, if you wish to invest uninterruptedly, you can opt for investment in other non-LTF funds under management of the Company that have similar investment policy/strategy and are currently available for subscription.
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.