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Change to the Benchmark of Krungsri Asian High Yield Bond Fund
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Provident Fund (PVD)
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Change to the Benchmark of Krungsri Asian High Yield Bond Fund
28 September 2023
Krungsri Asset Management Company Limited (“the Management Company”) would like to announce the change to the benchmark of Krungsri Asian High Yield Bond Fund (KFAHYBON) (“the Fund”). The change is made to ensure consistency with the investment strategy of the Fund that aims to track the performance of the master fund. This is in accordance with the Notice of the Association of Investment Management Companies No. SorJorKor. Ror. 1/2566 Re: Mutual Funds Performance Measurement and Presentation Standards and does not have any effect on the management, risk profile or return of the Fund. Details of the change are as follows:
Current
New
100.00% ICE BofAML Blended Index: ACCY, 20% Lvl4 Cap 3% Constrained Index in USD currency
adjusted with the cost of foreign exchange hedging to compare with the Baht equivalent as at the date of calculation of return.
The Master Fund’s Performance:
100.00% adjusted with the cost of foreign exchange hedging to compare with the Baht equivalent as at the rate of calculation of return.
The change to the benchmark as mentioned above will take effect from 26 October 2023 onwards. In this respect, comparison of fund performance against the benchmark will be revised retrospectively from the fund inception date.
Should you have any queries, please contact your account manager or our Client Service at 02-657-5757 press 7 for English and press 2 or via email at krungsriasset.clientservice@krungsri.com.
Please be informed accordingly.
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