LH GLOBAL BLOCKCHAIN FUND - ASSF

Inception Date

June 20, 2024

Benchmark

The Fund’s benchmark shall comprise: 50% of the performance of the Schwab Crypto Thematic ETF; and 50% of the performance of the VanEck Digital Transformation ETF. The performance of each benchmark component shall be adjusted as follows: 80% based on the return adjusted for the cost of foreign exchange (FX) hedging; and 20% based on the return adjusted by the prevailing foreign exchange rate for the purpose of calculating returns in Thai Baht (THB) as of the benchmark calculation date.

Fund Size

1 M

Fund Manager

Pornphen Chuleeprasert Viriya Phokaisawan

FX Hedging

No

Dividend Policy

None

Investment Policy

The Fund has a policy to invest in or hold units of foreign collective investment schemes, including Collective Investment Schemes (CIS) and/or foreign Exchange-Traded Funds (ETFs) that invest in equity securities (the “Underlying Funds”). The Fund will maintain an average net equity exposure of not less than 80% of its Net Asset Value (NAV) during an accounting period. The Fund will invest in at least two underlying funds, with aggregate investments averaging not less than 80% of the Fund’s NAV during an accounting period. The underlying funds invest in equities of: Digital Assets Companies; and/or Companies engaged in and/or associated with the digital asset ecosystem; and/or Companies utilizing blockchain technology to enhance operational efficiency, reduce costs, or otherwise benefit from blockchain-related innovations. Investment in any single underlying fund shall not exceed 79% of the Fund’s NAV, on average during an accounting period. The Fund will invest overseas, resulting in an average net foreign exposure of not less than 80% of its NAV during an accounting period, or such proportion as may be prescribed by the Office of the Securities and Exchange Commission (SEC). Allocation among foreign mutual funds and/or foreign ETFs will be determined at the discretion of the Fund Manager, who may adjust investment weightings in accordance with prevailing market conditions and investment outlooks. Indirect Exposure to Digital Assets The Fund may obtain indirect exposure to Digital Assets, specifically Crypto Assets, through investments in foreign mutual funds and/or foreign ETFs that are legally permitted or approved to purchase, sell, or exchange such assets in their respective jurisdictions. The Fund’s aggregate crypto asset exposure shall not exceed 5% of the Fund’s NAV. The underlying foreign mutual funds and/or foreign ETFs may invest in cryptocurrencies and other crypto assets, including but not limited to: Bitcoin (BTC); Ether (ETH); and/or Other eligible crypto assets. Any fees and expenses associated with crypto asset investments will be borne indirectly through the fees and expenses charged by the underlying foreign mutual funds and/or foreign ETFs in which the Fund invests. Investment of Remaining Assets The remaining portion of the Fund’s assets may be invested in Thailand and/or overseas in: Deposit-like instruments and deposits; Fixed-income securities; Equity securities; Hybrid securities; Warrants; Securities and/or other assets; and Other investments or income-generating arrangements as specified in the Fund prospectus and permitted by the SEC or other relevant regulatory authorities. Foreign Exchange Risk Hedging The Fund may invest in derivatives for the purpose of hedging foreign exchange risk (Foreign Exchange Rate Risk) at the discretion of the Fund Manager. In determining the extent of currency hedging, the Fund Manager will consider prevailing market conditions and relevant economic, political, monetary, and fiscal factors in assessing future currency movements. For example: If the U.S. Dollar (USD) is expected to depreciate, the Fund Manager may increase the level of foreign exchange hedging. If the USD is expected to appreciate, the Fund Manager may reduce the hedging ratio or elect not to hedge its foreign currency exposure. However, should the Fund Manager determine that hedging is not in the best interests of unitholders, or may reduce potential benefits otherwise available to unitholders, the Fund may remain partially or fully unhedged. Investors should note that hedging transactions involve costs, which may reduce the Fund’s overall returns. Derivatives for Efficient Portfolio Management The Fund may also utilize derivatives for: Efficient Portfolio Management (EPM); and/or Hedging purposes, with foreign exchange rates serving as the underlying reference asset. Such transactions may be undertaken to enhance returns, reduce operating costs, or for other purposes permitted by applicable SEC regulations. The derivative contracts entered into by the Fund will primarily reference foreign exchange rates. Should any event adversely affect such contracts, or should a counterparty fail to perform its contractual obligations, the Fund may not achieve its expected returns and could incur losses. Accordingly, the Management Company will continuously monitor factors affecting the underlying assets and assess counterparties’ creditworthiness before and after entering into such transactions. The Fund will primarily transact with counterparties holding Investment Grade credit ratings. Investments in Affiliated Funds The Fund may invest up to 20% of its NAV in mutual funds managed by the same Management Company, provided that such investments comply with the Fund’s investment policy and SEC regulations. Such investments must not result in circular investments (circle investment), and an underlying fund may invest in another fund managed by the same asset management company for no more than one additional layer. Voting rights relating to investments in affiliated funds shall be exercised in accordance with SEC regulations. The investing fund may not vote on behalf of the underlying fund. However, where the underlying fund is unable to obtain the required resolution due to such voting restrictions, the Management Company may seek approval from the SEC, provided that more than one-half of the remaining unitholders of the underlying fund have approved the relevant matter. Other Permitted Investments The Fund may also invest in or hold: Structured Notes; Non-Investment Grade debt securities; Unrated debt securities; and Unlisted Securities. In addition, the Fund may engage in: Securities Lending Transactions; Reverse Repurchase Agreements (Reverse Repo); Other securities lending arrangements; and/or Other assets, securities, or income-generating investments as specified in the prospectus and permitted by applicable SEC regulations. Such investments and transactions may be undertaken to enhance portfolio flexibility and investment opportunities, subject to the Fund’s risk management framework and applicable regulatory requirements.