LH DEBT INSTRUMENT - LH

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 for deposits of less than THB 5 million offered by three major commercial banks: Bangkok Bank Public Company Limited (BBL), Kasikornbank Public Company Limited (KBank), and The Siam Commercial Bank Public Company Limited (SCB) Effective from 16 September 2019 Notes 1. The change in the benchmark may, during the initial period, result in the Fund exhibiting stronger performance relative to the benchmark. This is because certain debt instruments held by the Fund are exempt from taxation, whereas the revised benchmark is calculated based on the assumption that all underlying debt instruments are subject to tax. 2. NTR (Net Total Return Index) refers to a net-of-tax total return index compiled and published by the Thai Bond Market Association (ThaiBMA). The NTR index methodology has been in effect since 20 August 2019. Provide your feedback on BizChat

Fund Size

27 M

Fund Manager

Phuchsagun Tanaworakitsakum Ranitha Phetnarong

FX Hedging

Yes

Dividend Policy

None

Investment Objective

The Fund invests in debt securities, financial instruments, and deposits issued by government and private-sector entities that offer attractive returns commensurate with the level of risk undertaken. The Fund primarily invests in debt instruments with credit ratings at the Investment Grade level, as assigned by recognized credit rating agencies.

Investment Policy

The Fund invests in securities and assets comprising, or related to, debt instruments, financial instruments, and/or deposits offered domestically and/or internationally by government and/or private-sector entities. The Fund focuses on high-quality investments that provide attractive returns commensurate with the level of risk undertaken. Eligible investments may include, but are not limited to, debt securities issued by government entities and/or state-owned enterprises; private-sector debt instruments, financial instruments, and/or deposits issued by commercial banks; as well as debt securities and financial instruments issued by reputable corporate issuers. The Fund primarily invests in instruments whose issue rating and/or issuer rating is classified as Investment Grade by recognized credit rating agencies. Investment Strategy The Fund employs an active management strategy and seeks to generate returns in excess of its benchmark. Investors should carefully study and understand the Fund’s risk factors, which are described in the Risk Factors section at the end of this document.