1. Krungsri Asset Management Company Limited (the “Company”) with the policy to invest in the units of a foreign fund (Master Fund), in an average amount per accounting period of at least 80% of the fund’s net asset value in units of a foreign fund (Master Fund) is not a principal guarantee fund or capital protection scheme fund. Therefore, unit price (or NAV/unit) and/or performance of such funds may fluctuate due to risk associated with the fund, for example; the unitholder may receive his/her money less than his/her initial investment due to foreign exchange risk. The funds’ Net Asset Value (NAV) and/or its performance could be differed from the Master Fund due to the following risks factors:
Risks Associated with Master Fund
Price Risk due to fluctuation in the price of underlying assets and/or other securities.
Examples of Risks Associated with the above mentioned fund under Krungsri management
1. Price risk due to change in fund’s underlying asset
2. Price risk due to difference between ETF price and NAV/Unit
3. Liquidity Risk of the Master Fund
4. Currency Risk
5. Risks associated with Futures/Forward
6. Counterparty Risk
7. Risk associated with investment in other securities or assets in domestic, foreign, and emerging markets
2. Krungsri Fund in type of “Accredited Investor Fund” may invest more in non-investment grade bond and/or unrated bond than general mutual fund for retail investors. So this fund may have higher default risk, credit risk and liquidity risk than general mutual fund for retail investors.
3. You may purchase, redeem, or switch your funds 24 hours with the following conditions:-
- The transaction performed through the internet will be determined by the time set by our system.
- Your transaction will be processed on the day you execute your transaction or on the next fund's working day depending on the time of your purchase. (Please see the “@ccess Cut-off timetable” for specific time limitation for each transaction)
- If the request for bank/credit card auto-debit for your subscription order is rejected by your bank/credit-card, the subscription order will automatically be cancelled.
- All transactions executed under the following circumstances will be processed on the fund's next working day.
- Transactions executed on the fund's non-working day.
- Advanced order for the date which later announced as fund's non-working day or holiday.
- Maximum subscription amount for RMF is 500,000 Baht per year or as per conditions specified by the Revenue Department
- Maximum subscription amount for SSF is 200,000 Baht per year or as per conditions specified by the Revenue Department
- Maximum subscription amount for Thai ESG is 100,000 Baht per year or as per conditions specified by the Revenue Department
- For all Switching Transactions, please study
Switching Schedule for Funds Under Management of Krungsri Asset Management Co., Ltd. for details about switch-in date and price.
4. You may redeem or switch your funds in ‘Baht’ amount with the following conditions:-
- If the balance unit after the transaction is less than the minimum holding of each fund, the remaining units will be executed along with your requested order.
- If the total value of available units is less than your requested order, the transaction will be executed according to the available balance of units.
- The remaining balance shown after your order was submitted is the estimation from the latest Net Asset Value (NAV) per unit and meant to be use for reference only. The exact units at the end of day may vary depending on the NAV at the end of day.
5. You may purchase, redeem or switch through our ‘Regular Investment Program’ with the following conditions:-
- If the scheduled date falls on the fund’s non-working day, the transaction will be executed on the next fund’s working day.
- If the request for bank/credit card auto-debit for your subscription order is rejected by your bank/credit-card, the subscription order will automatically be cancelled.
- If your Regular Investment order cannot be completed for 3 consecutive times for any reason, the order will be deleted automatically.
- The remaining balance shown after you have submitted your order is only the estimation from the latest Net Asset Value (NAV) per unit for reference only. The exact units at the end of day may vary depending on the NAV at the end of day.
- Your request to edit or delete the order must be submitted before the Cut-off time of each fund (Please see the ‘@ccess Cut-off timetable’ for specific time limitation for each transaction). Any request after the fund Cut-off time will be effective on the next schedule date of your order.
6. An unsuccessful transaction may occur in case that transaction is not completed or there is technical problem. The Company will need to cancel the transaction in this case.
Representations and Warranties in terms of Conducting Transactions I hereby represent and warrant to the Company that that:
• I have studied the fund’s prospectus, risks, returns, peer group fund performance and all disclaimers. In case that I invest in the fund units of Retirement Mutual Fund , Long Term Equity Fund, Super Savings Fund and/or Thailand ESG Fund, I have duly received the investment manuals and agreed to do the transaction which I shall not cancel the order in any circumstances, except in the case as outlined in the Investor’s Bill of Rights. I accept and agree to be bound by all terms and conditions specified in the Mutual Fund Prospectus.
• In case I have been allotted fund unit(s), I acknowledge and accept to be bound by the details specified in the Fund Prospectus as approved by the Office of the Security and Exchange Commission (SEC) and those as amended by law as well as any legal commitment between the Company and unitholder(s) duly signed by the Fund’s authorized trustee(s).
• I acknowledge that investing in mutual funds is not bank deposit and is subject to investment risks. Investors should invest only if they have thoroughly considered that investing in such funds suit with their investment objectives and the investors could accept all possible risks associated with the investment. In case of unusual event, the Unitholder may receive more or less returns than the original investment amount and may not receive the redemption proceeds within the specified period or may not be able to redeem the units as they wish.
• I acknowledge that investing in Long Term Equity Funds (LTF), Retirement Mutual Funds (RMF), Super Savings Fund (SSF) and/or Thailand ESG Fund (Thai ESG) has some restrictions for which the Company may reject the registration of transfer, pledge or collateralization of units of such funds, subject to the rules and regulations specified by the Office of the SEC.
• For Long Term Equity Funds (LTF), Retirement Mutual Funds (RMF), Super Savings Fund (SSF) and/or Thailand ESG Fund (Thai ESG), in case that invested LTF/RMF/SSF/Thai ESG decrease in value or amount of investment units that result in fund dissolution, the Company will consider a transfer of investment units to the same fund type that has the lowest risk level. In this regard, or specified in the Fund Prospectus, investor will receive a waiver of transfer fee.
• I acknowledge that the fund unit subscription by credit card is subject to terms and conditions specified by the Company. The subscription of fund units is deemed to be valid whenever the Company can request for payment at the amount subscribed by the unitholder(s) through such credit card.
• In case that I/We invest in an Accredited Investor Fund, I acknowledge that the Company shall deny the transfer of such fund units to other unitholders who are not qualified as “Accredited or High Net Worth Investor” according to the rules and regulations specified by the Office of the SEC, except in the case of transfer by inheritance.
• I acknowledge that, in case I open a mutual fund account with the Company’s sales supporter and designate the account for receiving the redemption proceeds and/or dividend payment to the account which is described as electronic wallet or online wallet (E-wallet), the Company reserves the right to directly transfer such redemption proceeds and/or dividend payment to the account of such sales supporter or its agent. In this regard, I acknowledge that I will receive such redemption proceeds and/or dividend payment directly from such sales supporter or its agent in accordance with the terms and conditions as prescribed by the relevant sales supporter.
• I accept all terms and conditions of transaction conducting via @ccess online as stipulated by the Company.
• I acknowledge that the Company realizes that your personal data is important. We shall uphold privacy and security of your personal data to ensure that the personal data is collected, used or disclosed in compliance with the law. For more details about the Company’s privacy notice, please visit our website:
www.krungsriasset.com/pdpa/privacy-notice-en • Where I have provided the Company personal data of any person other than those of the Applicant: (a) I undertake to verify the accuracy and completeness of personal data provided by me to the Company, and to update the Company of any change to the personal data provided; (b) I have obtained consent or warrant that I can rely on other legal basis for the collection, use, disclosure and/or transfer of his/her personal information in compliance with applicable laws; (c) I hereby warrant that I have informed him/her of the Privacy Notice of the Company as applicable to them; and (d) I hereby warrant that the Company can lawfully collect, use, disclose and/or transfer of personal data further to the purposes as set out in the Privacy Notice of the Company as may be amended from time to time, including all purposes as set out in this Terms and Conditions.
• Any data appeared on this website is data related to funds under the management of Krungsri Asset Management Company Limited. Investors should refer to such data as preliminary data and should thoroughly study information, tax manuals, as well as details as specified in the Fund Prospectus. Should there be any inquiry, please contact the investment advisor before making any investment decision.
In case there occurs any error in the computer system or communication system of the Company or the service provider(s), or the internet service provider(s), or the mobile operator, electricity system, telecommunication system, or any other system in relation to the service provision of @ccess Online Service, or during the repair period of such errors, or during the temporary shutdown for the purpose of maintenance, causing users unable to use @ccess Online Service, users agree not to make such errors as a claim against the Company.
In this regard, any transaction conducted via internet is not complete if there is a technical problem occurred as mentioned in the foregoing paragraph. We reserve the rights to modify improve or change any information contained on this website without any further notice.
