Amendment to Fund Project of Krungsri Global Equity Long Short Fund (KF-GLS)

28 February 2022

Krungsri Asset Management Company Limited (“the Management Company”) would like to notify unitholders of the amendments to the mutual fund project of Project of Krungsri Global Equity Long Short Fund (KF-GLS) which have been approved by the Office of the Securities and Exchange Commission.

1. Master Fund’s Benchmark

Old	New
EMMI EURO OverNight Index Average (EONIA) (TR)	ESTR Index + 0.085% p.a.

The Management Company has used ESTR Volume Weighted Trimmed Mean Rate Index + 0.085% p.a. in Euro currency adjusted with the exchange rate as at the date of calculation of return to derive the Baht equivalent as at the date of calculation of return as an indicator to assess performance of the Fund since 3rd January 2022 which is in line with the change of new benchmark of the master fund. Such amendments are made consistently with the change of the Master Fund which do not have any impact on the investment policy and the management of the Fund.

2. Making amendments to the details of project in accordance with the Notification of the SEC Office Nos. SorNor. 9/2564, SorNor. 29/2564, SorNor. 41/2564 and the Notification of the Capital Market Supervisory Board No. TorNor. 11/2564 as follows:

Abolition of the rules concerning notification to Unitholders of the special holidays of the Management Company at least 5 business days in advance as the Management Company has already made prior announcements about its holidays to the Unitholders, it is therefore not necessary to set such requirement.
Abolition of the rules concerning notification to the SEC Office of the change of fees which are different from the mutual fund project as the SEC Office has already acknowledged the matter, it is therefore not necessary to set such requirement.
Abolition of the rules concerning information disclosure and the arrangement for having the reports of the fund available at every office of the Management Company and every place where the trading of investment units takes place and changing to allowing the Management Company to disclose such information to the general investors through any channel that are easily and thoroughly accessible.
Amendment to the statement regarding notification of material information to Unitholders via registered mail by changing to allowing the Management Company to notify the information via any channel that can be proved that the Unitholders have been contacted.
Amendment to the statement regarding the payment period of redemption proceeds in case of funds focusing investment with foreign risks by not including holidays of the operators of foreign asset management business and the operators of related businesses in foreign countries in the payment period that has an impact on settlement.
Amendment to the statement regarding the calculation of the Net Asset Value (NAV) of the fund to comply with the Notification of the Association of Investment Management Companies (AIMC).
Amendment to the list of particulars required to be disclosed in the details of the mutual fund project to cover only the special characteristics of the fund and the guidelines for fund management. Any redundant information that have been disclosed in other documents as well as the rules and regulations stipulated by the SEC Office are no longer required to be specified in the project.

Amendment to the statement concerning the Management Company’s procedures in the case when the bond issuer defaults, or the instrument invested by the fund suffers insufficient liquidity, or the fund is unable to sell such instrument at reasonable price.
Amendment to criteria and procedures for dealing with incorrect subscription price or redemption price.

The amendments to the mutual fund project mentioned above shall take effect from 28 February 2022 onwards.

Should you require any further information, please contact your account manager or our Client Service at 02-657-5757 press 7 for English and 2 or via email at krungsriasset.clientservice@krungsri.com.

Please be informed accordingly.

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Amendment to Fund Project of Krungsri Global Equity Long Short Fund (KF-GLS)

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