24 Jan 2017 19:51:00
Notification of amendment of the Mutual Fund Scheme of ThaiDex SET50 Exchange Traded Fund (TDEX)
One Asset Management Limited, the Management Company of ThaiDex SET50 Exchange Traded Fund (TDEX) would like to inform about the amendment of the fund scheme with regards to the approval of the Office of the Securities and Exchange Commission (SEC) on January 13, 2017. The details of such amendment are as follows: 1. Amendment of the Benchmark of the fund for compliance with the Announcement of Association of Investment Management Companies No. SorJorKor.Ror. 1/2559 re: Standard of Measurement and Presentation of Performance of Mutual Funds, dated August 1, 2016 by changing the benchmark of the fund to be the Total Return Index in accordance with the standard prescribed in the guideline. Such amendment shall take effect from January 13, 2017 onwards. 2. Amendment of the Detail of Investment Policy in accordance with "Fund Classification" for compliance with the notification of The Capital Advisory Board No. Thor Nor. 87/2558 re: Investment of the Funds, dated December 17, 2015 by replacing the current statement of label fund that the equity fund has the policy to invest in equity on average in each accounting period not less than 80 percent of the net asset value of the fund whereas the material content remains unchanged. Such amendment shall take effect from January 16, 2017 onwards. 3. Amendment of the Type of Securities and Investment Ratio of the fund in accordance with the notification of The Capital Advisory Board No. Thor Nor. 87/2558 re: Investment of the Funds, dated December 17, 2015 and the circular notice No. KorLorTor.KorNor.(Wor) 29/2559 re: Amendment of the Mutual Fund Project to be Able to Invest in Additional Assets and Offer Funds under the ASEAN CIS, dated November 22, 2015 by revising the investible securities and investment ratio to comply with the standard prescribed in the notification whereas this flexibility of the additional securities and expansion of investment ratio will not result in higher risk. The amendment of the type of securities and investment ratio are as follows: Amendment of the Type of Securities and Investment Ratio Effective Date 3.1 Add more securities including Sukuk and Basel III that the fund can invest. April 1, 2017 onwards 3.2 Expand single fund limit for investing in the investment units of other funds from not exceeding 10 percent of NAV to no limit. 3.3 Expand product limit for investing in the investment units of other funds from not exceeding 20 percent of NAV to no limit. May 1, 2017 onwards 3.4 Expand product limit for investing in non-investment grade / unrated securities from not exceeding 15 percent of NAV to not exceeding 20 percent of NAV. Please be informed accordingly. Should you have any queries or require any further information, please contact Customer Services and Marketing Support Department at (66) 2659-8888 ext. 1 on every working day. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.