LH MONEY MARKET FUND - Accumulation

Inception Date

November 30, 2011

Benchmark

1) ZRR Index (Total Return Index) (tenor 3 months) in portion 55% 2) The average of the interest rate on three-month fixed deposit of 1 million Baht in individual-type accounts of Bangkok Bank, Siam Commercial Bank and Kasikorn Bank in portion 45%

Fund Size

1,786 M

Fund Manager

Ranitha Phetnarong Phuchsagun Tanaworakitsakum

FX Hedging

Yes

Dividend Policy

No

Investment Objective

The Fund invests primarily in high-quality short-term debt instruments and/or other money market instruments with a remaining maturity or contractual term of not more than 397 days. The Fund may also invest in foreign securities and debt instruments offered overseas, provided that such investments do not exceed 50% of the Fund’s Net Asset Value (NAV).

Investment Policy

he Fund invests exclusively in one or more of the following asset classes: Deposits and deposit-equivalent instruments, excluding Islamic deposits. Debt securities with a maturity of not more than 397 days from the investment date, provided that such securities are not subordinated debentures or other debt instruments with characteristics similar to subordinated debentures. Units of other money market funds. Reverse repurchase transactions (Reverse Repos). Securities lending transactions, where the securities lent are debt instruments. Derivatives solely for hedging purposes. Other assets with characteristics substantially similar to those described in Items (1) through (6), as may be prescribed by the Securities and Exchange Commission of Thailand (SEC). The Fund will maintain a weighted average portfolio duration of all invested instruments and assets at any given time of not more than 92 days. The Fund may invest in offshore debt securities of up to 50% of its Net Asset Value (NAV). With respect to foreign exchange exposure, the Fund will maintain a full currency hedge at all times, generally within a range of 95%–105% of the value of its foreign investments. Credit Quality Requirements In the case of investments in debt securities (excluding Thai government securities) and/or deposits and deposit-equivalent instruments (except where the issuer or counterparty is the Government Savings Bank and such deposits are government-guaranteed), as well as reverse repurchase transactions, securities lending transactions, and derivative transactions, the relevant instrument, issuer, or counterparty must possess one of the following credit ratings, as applicable: A credit rating within the top two categories of short-term credit ratings; A credit rating within the top three categories of long-term credit ratings; or A credit rating equivalent to the top two short-term rating categories, as mapped or determined by a recognized Credit Rating Agency (CRA). Liquidity Requirements The Fund shall maintain highly liquid assets totaling not less than 10% of its Net Asset Value (NAV) at any given time. Such highly liquid assets may include: Cash in Thai Baht (THB); Thai Baht deposits maintained with commercial banks or specialized financial institutions established under specific legislation, excluding fixed deposits and operational accounts of money market funds; Treasury Bills issued under the Public Debt Management Act; and Thai Government Bonds and Bank of Thailand Bonds with an original maturity of not more than one year or a remaining maturity of not more than one year.