Fund Name

BCAP NEXT GEN Health Fund (BCAP-XHEALTH)

This Fund’s investments are concentrated in certain Health Care sector and thus carries a risk that investors may lose a considerable amount of money.

Risk Level

Level 6

Fund Type

• Equity Fund
• Fund of Funds
• Exposed to Foreign Investment Risk

Investment Policy

The Fund invests in investment units of off-shore equity funds which the Destination Funds diversify their investments in securities or financial instruments of companies that benefit from business operations related to new forms of healthcare such as Gene Therapy, Telemedicine and Healthcare IT Infrastructure. The Fund will invest in investment units of 2 or more of the aforementioned funds in order to have net exposure averaged in an accounting year not less than 80% of the NAV. The investment ratio of each fund averaged in any accounting year shall not exceed 79% of the NAV. However, the investment ratio of each fund shall depend on the discretion of the Fund Managers and may be adjusted in accordance with the investment situation or forecast of the investment situation at any given time. The Fund will invest offshore averaged in an accounting year not less than 80% of the NAV.

For the remaining amount, the Fund Managers may consider investing in other securities or assets or seeking returns by one or more methods that do not violate any law or as approved by the Office of the SEC.

The Fund may invest in derivatives for efficient portfolio management and for hedging purposes depending on the discretion of the Fund Managers. 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 or Feeder Fund or return to be 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 market situation at the given time which shall be for the best interest of the unitholders. The Management Company shall notify the unitholders at least 30 days prior to such change through its website www.bcap.co.th and/or any other channel as it deemed appropriate. Before investment changing, the specified investment ratio will be conducted under normal circumstances; however, there may be times when the investment cannot meet the specified investment proportion due to the occurrence of unusual or necessary circumstances, for example significant economic or political changes, etc., whereby the Management Company will report the inability to invest in accordance with the investment proportion specified in the project according to the announcement to the SEC.

Dividend Payment Policy

No dividend

Subscription and Redemption of Investment Units

Management Company

BBL Asset Management Company Limited

Trustee

Bank of Ayudhya Public Company Limited

Registrar

Bangkok Bank Public Company Limited