LH DEBT INSTRUMENT FUND - Dividend

Inception Date

September 25, 2012

Benchmark

1. 40% – MTM ThaiBMA Government Bond Index (1–3 Years) (NTR) 2. 40% – MTM ThaiBMA Corporate Bond Index (A- and Above, 1–3 Years) (NTR) 3. 20% – Average 1-Year Fixed Deposit Rate (deposit size below THB 5 million) offered by three major commercial banks: Bangkok Bank (BBL), Kasikornbank (KBank), and Siam Commercial Bank (SCB) (Effective from 16 September 2019) Notes: 1. The change in the benchmark during the initial period may result in the Fund’s performance appearing more favorable when compared with the benchmark. This is because certain debt instruments held by the Fund are exempt from tax, whereas the revised benchmark is calculated based on the assumption that all underlying debt instruments are subject to taxation. 2. NTR (Net Total Return Index) refers to the total return index calculated on a net-of-tax basis. The NTR indices are compiled and published by the Thai Bond Market Association (ThaiBMA) and have been effective since 20 August 2019. Provide your feedback on BizChat

Fund Size

10 M

Fund Manager

Phuchsagun Tanaworakitsakum Ranitha Phetnarong

FX Hedging

Yes

Dividend Policy

Not exceeding 12 times per annum

Investment Objective

The portfolio invests in fixed-income securities, financial instruments, and deposits issued by government and private-sector entities, seeking competitive returns commensurate with the level of risk undertaken. Investments are focused on debt instruments rated Investment Grade or equivalent by recognized credit rating agencies.

Investment Policy

The Fund shall invest in securities or assets which are or are related to debt instrument, financial instrument and/or deposit being offered for sale both in the country and/or foreign countries by public sector and/or private sector, that are quality and yield satisfactory return appropriate for risk level, for instance, debt instruments issued by public sector and/or state enterprise, and debt instruments of private sector such as debt instrument, financial instrument and/or deposit issued by commercial banks, and/or debt instrument and financial instrument issued by prime private companies, credit-rated instrument or issuer of instrument which is in Investment Grade. The fund has an investment strategy that expects higher return on investment than the indicated Benchmark. (Active Management)