LH HEALTH INNOVATION FUND - Electronic channel type

Inception Date

September 28, 2021

Benchmark

This fund will compare with the performance of the master fund. Adjusted by exchange rate to calculate the return in Thai Baht as of the date of return calculation

Fund Size

8 M

Fund Manager

Pornphen Chuleeprasert Ponlasin Kijmuntarvorn

FX Hedging

No

Dividend Policy

No

Investment Objective

The Fund primarily invests in units of an overseas mutual fund (the “Master Fund”), with an average investment of not less than 80% of its Net Asset Value (NAV) during an accounting period. The Master Fund in which the Fund invests is the AB International Health Care Portfolio, a U.S. Dollar (USD)-denominated fund.

Investment Policy

The Fund has a policy to invest primarily in units of a foreign collective investment scheme (the “Master Fund”), with an average investment of not less than 80% of its total Net Asset Value (NAV) during an accounting period. The Master Fund in which the Fund invests is AB International Health Care Portfolio – Class I USD, denominated in U.S. Dollars (USD). The Master Fund is domiciled in Luxembourg and managed by AllianceBernstein (Luxembourg) S.? r.l. The Master Fund’s investment objective is to invest at least 80% of its total assets and no less than two-thirds of its assets in equity securities of companies engaged in the healthcare and healthcare-related industries worldwide, including emerging markets, and may invest across a broad range of currencies. Master Fund Investment Strategy The AB International Health Care Portfolio employs a combination of fundamental and quantitative investment analysis. The investment manager seeks to identify companies with strong long-term growth potential, attractive valuations, high returns on invested capital, and robust free cash flow generation. The Master Fund also focuses on companies expected to benefit from developments in the healthcare sector, including innovative treatment and therapeutic solutions, as well as businesses that help reduce healthcare costs and improve healthcare accessibility and efficiency for customers. The Master Fund may use derivative instruments for hedging purposes, including but not limited to swaps, and for efficient portfolio management (EPM). The aggregate exposure to derivative instruments may be up to 25% of the Master Fund’s total assets. The Master Fund may temporarily hold up to 100% of its total assets in cash, cash equivalents, and/or short-term instruments for liquidity management purposes. In addition, the Master Fund integrates Environmental, Social and Governance (ESG) considerations into its investment process. The Management Company reserves the right to change the share class and/or investment currency of the Master Fund, as deemed appropriate for efficient portfolio management and in accordance with the Fund’s investment objectives. Any such change shall be made with due regard to the best interests of unitholders and shall be deemed approved by the unitholders. Other Investments of the Fund The remaining portion of the Fund’s assets may be invested, both domestically and internationally, in deposits, deposit-like instruments, debt securities, equity securities, hybrid securities, warrants, and/or other securities, assets, or investments as permitted under the Fund’s prospectus and applicable regulations prescribed or approved by the Securities and Exchange Commission of Thailand (SEC). The Fund may enter into derivative transactions for efficient portfolio management and/or foreign exchange risk hedging, at the discretion of the fund manager. The extent of foreign exchange hedging will depend on prevailing market conditions and other relevant factors, including economic, political, monetary, and fiscal developments. Where the fund manager expects the U.S. Dollar (USD) to depreciate against the Thai Baht, the Fund may adopt a relatively high level of foreign exchange hedging. Conversely, where the U.S. Dollar is expected to appreciate, the Fund may reduce the extent of such hedging or may choose not to hedge its foreign exchange exposure. However, if the fund manager determines that hedging may not be in the best interests of unitholders, the Fund may elect not to hedge its foreign currency exposure. Investors should note that hedging transactions may involve costs that could adversely affect the Fund’s overall returns. In addition, the Fund may invest in or hold structured notes, non-investment-grade debt securities, unrated debt securities, and unlisted securities. The Fund may also engage in reverse repurchase transactions (Reverse Repo), securities lending transactions, and/or other investments or income-generating arrangements as permitted under the Fund’s prospectus and applicable SEC regulations. The Fund may invest up to 20% of its Net Asset Value (NAV) in units of mutual funds, property funds, Real Estate Investment Trusts (REITs) and/or infrastructure funds managed by the Management Company. In the case of investments in property funds and infrastructure funds, the Fund may invest up to 20% of the total units outstanding of the underlying fund. Such investments must comply with the Fund’s investment policy and the rules and conditions prescribed by the Office of the SEC. The underlying fund may not invest back into the Fund (circle investment) and may not further invest in another fund managed by the same asset management company (cascade investment).