Promotions/New Fund


LTF | RMF Promotion 2019
When investing in LTF | RMF during 2 January – 30 December 2019, receive KFCASH units valued at 100 Baht for every investment of 50,000 Baht*

Start your Tax Planning with LTF | RMF now …
Chance to Get Promotion throughout the Year

When investing in LTF | RMF during 2 January – 30 December 2019,
Receive KFCASH units valued at 100 Baht for every investment of 50,000 Baht*




*Investment conditions
 
*Investment conditions and eligible rights to receive KFCASH units 
  • This promotion campaign is eligible for an investment in all LTFs and RMFs managed by Krungsri Asset Management Co., Ltd. (“the Company”), except KFCASHRMF, KFGOVRMF, KFLTGOVRMF, KFMTFIRMF, KFAFIXRMF, and new RMFs in 2019 according to the Company’s exemption announcement, incurred during the period of 2 January – 30 December 2019 only.
  • Investors must hold the fund units invested during the promotional period until 31March 2020, which is the date when the Company will calculate the accumulated investment value (Net) eligible to receive KFCASH fund units.
  • Net accumulated investment value means total amount of subscription and switch-in transactions from other non-LTF and RMF of the Company and transfer-in transactions of LTF and RMF from other asset management companies but excluding PVD-to-RMF transfer orders being deducted with total amount of redemption, switching orders to other funds of the Company and transfer orders of the Company’s LTF and RMF units to other asset management companies. The exception will be allowed only when the redemption, switching and transfer orders are made from the outstanding units as of 28 December 2018 calculated by the Company using FIFO method, as per the tax benefit conditions specified by the Revenue Department.
  • For investors having more than one fund account, the Management Company will count the net accumulated investment amount from all of their accounts by considering the ID Card number.
  • The Company will transfer KFCASH units according to the investment and entitlement conditions to the investors by 30 April 2020. KFCASH units will be calculated at its NAV price on the allocation date.
  • Net eligible investment units from LTF | RMF regular saving plan for 12 consecutive months from January – December 2019  will not  be considered for this above mentioned promotion.
  • RMF units transferred from PVD will be eligible only for RMF-for-PVD promotion, but not for this promotion mentioned above.
  • The Company reserves the rights to change the promotional conditions without giving prior notice.  In case of any dispute, the Company’s decision shall be deemed final.
Conditions for funds’ subscription through credit cards
  • Investors can purchase LTF and RMF through KRUNGSRI credit cards such as Krungsri Credit Card, HomePro Visa Credit Card, Central Credit Card, Simple Visa Card, Krungsri First Choice Credit Card, AIA Visa Credit Card, Tesco Lotus Visa Card, and  Siam Takashimaya Card with a minimum investment amount starting at 2,000 Baht per transaction. (except KFCASHRMF, KFGOVRMF, KFLTGOVRMF, KFMTFIRMF, and KFAFIXRMF, and any new fund in 2019 that may be announced later through the website).
  • Every investment unit will not join the credit card promotion and reward points.
  • Conditions in using credit cards will be as set forth by the Company and the Credit Card Companies
  • The Company reserves the right to change the conditions in subscribing the funds through credit cards without giving prior notice. In case of any dispute, the Company’s decision shall be deemed final.

LTF has a policy to invest in equities not less than 65% of NAV in each accounting year.
RMF has flexible policies focusing on an investment in fixed income and domestic and foreign equities, while equity RMF funds will invest in equities not less than 80% of NAV in each accounting year.

Tax Benefits of LTF
  • Can invest in LTF for tax exemption at the maximum amount of not more than 15 % of accessible income and not exceed 500,000 Baht / year.
  • Must hold LTF units at least 7 calendar years
  • In case of sale of LTF units before 7 calendar years, investors must return the tax privileges on the redeemed units and pay 1.5% surcharge per month on the tax amount. The capital gain on redemption must be included in the annual income for tax calculation .
  • Redemption is based on “First in First out” (FIFO) basis.
Tax Benefits of RMF
  • Invest at least 3% of accessible income or 5,000 Baht / year at maximum 15 % of accessible income but not exceed 500,000 Baht of the tax calendar year when including provident fund and retirement insurance premium
  • Must invest continuously not less than 5 years and not stop invest more than 1 year consecutively with holding period until age of 55
  • If you buy RMF more than the specified limit, when redeeming the units, the capital gain on the exceeding portion must be included in the annual income for income tax calculation. Such capital gain is classified as income according to The Revenue Department rule.

See detail of  KFCASH
Click here for to read tax manual 


Disclaimer
 
LTF is the fund promoting long-term investment in stocks and RMF is an investment for retirement.
Investors should understand fund features, returns, risks and study tax benefits in the investment manual before making an investment decision.
  • Investors will be not eligible for tax benefits in an absence of compliance with investment conditions.
  • For  KFGOLDRMF
    • The Fund will hedge against currency risk upon fund manager’s discretion. Therefore, the fund may be exposed to currency risk and/or investors may receive return above or below the initial investment. Meantime, as the Fund mainly invests in foreign fund, there will be more risks associated to the economic, politic, and society of the country that the Fund intends to invest.
    • The Fund invests in the fund units of foreign fund named “SPDR Gold Trust” traded in Singapore Stock Exchange. Net Asset Value (NAV) of the Fund will be calculated using closed price of SPDR Gold Trust traded in Singapore whose price may be different from the price of Gold Commodities or closed price of SPDR Gold Trust traded in other exchanges. Therefore, the investors may get the Fund at the price different from Gold Commodities price or the price of SPDR Gold Trust traded in other exchanges.
  • KFJAPANRMF, KFEURORMF, KFHCARERMF, KFGBRANRMF, KFGTECHRMF, and KFLTFAST-D will hedge against currency risk upon fund manager’s discretion. Therefore, the fund may be exposed to currency risk and/or investors may receive return above or below the initial investment.
  • KFINDIARMF invests in the master fund that is concentrated in India investment. Thus, investors should consider risk diversification of their overall portfolio. However, the Fund will hedge against currency risk upon fund manager’s discretion. Therefore, the fund may be exposed to currency risk and/or investors may receive return above or below the initial investment.
  • Since KFHAPPYRMF, KFGOODRMF, and KFSUPERRMF may invest in non–investment grade/unrated securities, investors may be exposed to the issuer's default risk resulting in a loss of entire or partial investment.
  • KFHCARERMF and KFGTECHRMF have concentrated investments in a specific industry sector. Thus, investors may suffer significant loss in the value of their investment.
  • For KFHCARERMF, KFGTECHRMF and KFGOLDRMF, investors should seek additional investment advice before investing.  

This translation is for convenient purpose of the English language original only. In the event of any discrepancy, the Thai language original shall prevail.


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