News Detail

Date/Time
24 Jan 2017 19:51:00
Headline
Notification of amendment of the Mutual Fund Scheme of ThaiDex SET50 Exchange Traded Fund (TDEX)
Symbol
TDEX
Source
TDEX
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                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.
______________________________________________________________________
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