25 Mar 2016 12:33:00
Management Discussion and Analysis Yearly Ending 31-Jan-2016
Management Discussion and Analysis Company name : SCB SET INDEX FUND Year : 2016 Quarter : Yearly Ending : 31-Jan-2016 Note : SCBAM 4-2016001 March 25, 2016 Re: Clarification of the Decrease of Net Income from Operations in excess of 20% To: President The Stock Exchange of Thailand SCB Asset Management Co.,Ltd. in its capacity as the fund manager of SCB SET Index Fund would like to inform the reason behind the decrease of net income from operations of the year ended January 31, 2016 from the same period in the previous year of more than 20%. Since the purchase or sales of the securities' fund will be conducted when the unit holder subscribe or redeem the unit trust. Accordingly, a profit/loss of fund which is the result of these transactions. As a result, SCB SET Index Fund posted a net loss of Bt1,053.10mn for the operation ended January 31, 2016, decreased from a net gain of Bt1,054.02mn for the operation ended January 31, 2015. Please be informed accordingly Yours sincerely, Mr. Narongsak Plodmechai Chief Investment Officer 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.