Fund Name
BCAP US Equity ND 100 Fund (BCAP-USND100)
This Fund’s investments are concentrated in certain issuers and thus carries a risk that investors may lose a considerable amount of money.
Risk Level
Level 6
Fund Type
- Equity Fund
- Feeder Fund
- Exposed to Foreign Investment Risk
Investment Policy
The Fund invests in the investment units of an offshore fund named Invesco NASDAQ 100 ETF (the Master Fund), averaged in an accounting year not less than 80%of the NAV. The Master Fund is an ETF Fund investing mainly in securities listed on the Nasdaq-100 Index, established and managed by Invesco Capital Management LLC, and operating under the laws of New York State, registered and traded on the NASDAQ, USA. The Master Fund has passive management in order to generate returns close to the return from investment before fees and expenses.
The Fund may invest in derivatives of not less than 80% of the value of offshore investment for efficient portfolio management and for hedging purposes. Such hedging may incur a cost and may reduce the returns of the Fund due to increased costs. Moreover, the Fund may invest in structured notes, unlisted securities, non-investment grade securities and/or unrated securities.
The Management Company reserves the right to change the type and special characteristics of the Fund to a fund with direct investment, Feeder Fund, or a Fund of Funds which shall be in accordance with the regulations of the Office of the SEC or by approval of the Office of the SEC. The change of the type and special characteristics of the Fund shall not increase the Fund’s risk spectrum and such change to the type and special characteristics shall be as per the discretion of the Fund Managers depending on the market situation at the given time, and shall be in the best interest of the unitholders. The Management Company shall notify the unitholders at least 30 days prior to such changes through its website: www.bcap.co.th and/or any other channel as deemed appropriate.
Dividend Payment Policy
No dividend
Subscription and Redemption of Investment Units
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Every trading day of the Fund, 08:30 a.m. - 03:30 p.m. |
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Every day 24 hours (Orders placed after 04:00 p.m. or on non-trading days will be processed on the next trading day) |
Management Company
BBL Asset Management Company Limited
Trustee
Bank of Ayudhya Public Company Limited
Registrar
Bangkok Bank Public Company Limited