LH VIETNAM FUND - DSSF

Inception Date

November 28, 2021

Benchmark

100% Vietnam Ho Chi Minh Stock Index, adjusted for foreign exchange movements to calculate returns in Thai Baht (THB) based on the prevailing exchange rate as of the performance calculation date.

Fund Size

3 M

Fund Manager

Viriya Phokaisawan Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

ํYes

Investment Policy

The Fund has a policy to invest in and/or hold units of two or more foreign collective investment schemes (“Underlying Funds”), including, but not limited to, Collective Investment Schemes (CIS) and/or Exchange Traded Funds (ETFs). On an average annual basis, the Fund will invest not less than 80% of its Net Asset Value (NAV) in such Underlying Funds. The Underlying Funds invest primarily in equity securities listed on stock exchanges in Vietnam, and/or equity securities of Vietnamese companies listed on overseas exchanges, which are considered to have strong growth potential and/or favorable long-term growth prospects. The Underlying Funds may also invest in other equity securities of companies whose businesses are related to, benefit from, or derive a substantial portion of their assets from the economic growth of Vietnam. The Fund will diversify its investments across multiple Underlying Funds, with the investment in any single Underlying Fund averaging not more than 79% of the Fund’s NAV during an accounting year. The remainder of the Fund’s assets may be invested, both domestically and internationally, in deposit-like instruments, deposits, debt securities, equity securities, hybrid securities, warrants, as well as other securities, assets, or alternative income-generating investments as specified in the Fund prospectus and/or as approved by the Securities and Exchange Commission of Thailand (SEC). The Fund may invest in financial derivative instruments (FDIs) for Efficient Portfolio Management (EPM) and/or for hedging foreign exchange risk, at the discretion of the Fund Manager. Such transactions may include, but are not limited to, swaps, forward contracts, and futures contracts referencing securities prices, interest rates, and/or other underlying assets, in accordance with applicable SEC regulations. In addition, the Fund may invest in or hold Structured Notes, Non-Investment Grade debt securities, Unrated debt securities, and Unlisted Securities. The Fund may also engage in securities lending transactions, reverse repurchase agreements (Reverse Repos), and other transactions or investments as permitted under the Fund prospectus and applicable regulations. The Fund may invest in units of mutual funds, property funds, Real Estate Investment Trusts (REITs), and/or infrastructure funds managed by the Management Company, provided that such investments do not exceed 20% of the Fund’s NAV. Where an Underlying Fund is a property fund or infrastructure fund, the Fund may hold up to 20% of the total units outstanding of such Underlying Fund, subject to the investment restrictions and conditions prescribed by the SEC. Furthermore: Circular investment is prohibited; the Underlying Funds may not invest back into the Fund. Cascade investment is prohibited; the Underlying Funds may not invest in other funds managed by the same asset management company. The Management Company reserves the right to change the Fund’s structure and classification in the future from a Fund of Funds to a Feeder Fund, or to a fund investing directly in foreign securities and/or foreign assets, and vice versa, provided that such change does not result in an increase in the Fund’s risk spectrum. Any such change will be made at the discretion of the Fund Manager, taking into account prevailing market conditions and the best interests of unitholders. The Management Company will provide at least 30 days’ prior notice to unitholders before implementing such change through announcements on the Management Company’s website and the websites of appointed selling agents or redemption agents (if any). Investment Strategy The Fund adopts an actively managed investment strategy and seeks to outperform its benchmark through active asset allocation, fund selection, and portfolio management (Active Management). Dividend Policy No dividend payment. Benchmark 100% VN30 Total Return Index, adjusted for foreign exchange movements to calculate returns in Thai Baht (THB) as of the relevant performance calculation date.