LH INDIA-E Fund - Accumulation

Inception Date

December 13, 2017

Benchmark

Morningstar India Large-Mid Cap NR USD 100% adjusted by foreign exchange rate for calculating returns in Thai Baht currency on the Calculation Date. Changes Benchmark effect from October 1, 2023 onwards.

Fund Size

9 M

Fund Manager

Viriya Phokaisawan Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

No

Investment Objective

The Fund focuses on investing in equities listed in India and will maintain, on average over an accounting year, a net exposure of not less than 80% of its net asset value (NAV) in units of foreign mutual funds and/or foreign exchange-traded funds (ETFs) with such investment characteristics. The Fund will invest in at least two foreign mutual funds and/or foreign ETFs, with the average investment in each underlying fund during an accounting year not exceeding 79% of the Fund’s NAV.

Investment Policy

The Fund will invest in or hold units of foreign mutual funds and/or foreign exchange-traded funds (ETFs) worldwide that have investment policies primarily focused on equities listed in India. The Fund will maintain a net exposure to such foreign mutual funds and/or foreign ETFs, on average during an accounting year, of not less than 80% of its net asset value (NAV). The Management Company will invest in at least two foreign mutual funds and/or foreign ETFs, with the investment in any single underlying fund not exceeding 79% of the Fund’s NAV. The allocation among foreign mutual funds and/or foreign ETFs will be determined at the discretion of the Fund Manager, based on prevailing market conditions and investment outlooks at any given time. The remaining portion of the Fund’s assets may be invested in both domestic and foreign investments, including but not limited to bank deposits, equities, debt instruments, hybrid securities, warrants, and/or private equity units, in accordance with the regulations of the Office of the Securities and Exchange Commission (SEC Thailand). The Fund may also invest in other securities, assets, or alternative income-generating instruments as prescribed or approved by the SEC Thailand or the Capital Market Supervisory Board. The Fund may, at the discretion of the Fund Manager, invest in derivatives for the purpose of hedging foreign exchange rate risk. Fund Management Strategy Active Management – The Fund seeks to achieve returns above its benchmark through active portfolio management.Provide your feedback on BizChat