LH DIGITAL ECONOMY FUND - Electronic channel type

Inception Date

March 28, 2018

Benchmark

This fund will compare with the performance of master fund adjusted by foreign exchange rate for calculating returns in Thai Baht currency on the Calculation Date.

Fund Size

9 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

No

Investment Objective

The Fund invests primarily in a single foreign mutual fund (the “Master Fund”), namely AXA World Funds – Framlington Digital Economy, Class I (USD), managed by AXA Funds Management S.A.. The Fund will, on average over an accounting year, invest not less than 80% of its net asset value (NAV) in the Master Fund.

Investment Policy

The Fund will primarily invest in units of a foreign collective investment scheme (the “Master Fund”), with an average investment of not less than 80% of its Net Asset Value (NAV) during an accounting year. The Master Fund in which the Fund will invest is AXA World Funds – Framlington Digital Economy (the “Master Fund”), a Luxembourg-domiciled fund established under the Undertakings for Collective Investment in Transferable Securities (UCITS) framework. The Fund will invest in the Class I share class of the Master Fund, denominated in U.S. Dollars (USD) and managed by AXA Funds Management S.A. The AXA World Funds – Framlington Digital Economy seeks to achieve long-term capital growth by investing in global equities. The Master Fund invests at least two-thirds of its net assets in equities and equity-related securities of companies engaged in businesses associated with the digital technology value chain. This encompasses activities ranging from product and service discovery, decision-making processes, payment systems, and delivery solutions, to enabling technologies, information services, and analytical tools that facilitate and enhance the digital economy ecosystem. The Fund may, at the discretion of the Investment Manager, invest in financial derivative instruments (FDIs) for the purpose of hedging foreign exchange rate risk. The Fund is managed with the objective of delivering investment returns that closely track the performance of the Master Fund (Passive Management). In contrast, the Master Fund is actively managed and seeks to generate investment returns in excess of its benchmark index (Active Management).