LH INDIA-E Fund - Electronic channel type

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

4 M

Fund Manager

Viriya Phokaisawan Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

No

Investment Objective

The Fund primarily invests in equities listed in India and will maintain an average net exposure of not less than 80% of its net asset value (NAV) over an accounting year through investments 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 net asset value (NAV).

Investment Policy

The Fund will invest in or hold units of foreign mutual funds and/or foreign exchange-traded funds (ETFs) worldwide whose investment policies primarily focus on equities listed in India. The Fund will maintain a net exposure to such foreign mutual funds and/or foreign ETFs of not less than 80% of its net asset value (NAV), on average over an accounting year. The Management Company will invest in at least two foreign mutual funds and/or foreign ETFs, with the investment in each underlying fund not exceeding 79% of the Fund’s NAV. The allocation among such foreign mutual funds and/or foreign ETFs will be at the discretion of the Fund Manager, taking into consideration prevailing market conditions and investment outlooks at any given time. The remaining assets of the Fund may be invested both domestically and internationally in, among others, bank deposits, equities, debt instruments, hybrid securities, warrants, and/or private equity units, in accordance with the rules and regulations prescribed by the Office of the Securities and Exchange Commission (SEC Thailand). The Fund may also invest in other securities, assets, or income-generating instruments through one or more methods as permitted 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 generate investment returns that outperform its benchmark.Provide your feedback on BizChat