Change to the Benchmark for 3 Funds under Management

Krungsri Asset Management Company Limited (“the Management Company”) would like to announce the change to the benchmark of Krungsri Active Fixed Income Fund (KFAFIX), Krungsri Active Fixed Income RMF (KFAFIXRMF) and Krungsri Smart Fixed Income Fund (KFSMART) since the publication of Thai Baht Interest Rate Fixing (THBFIX) by Bank of Thailand will be discontinued from 1 July 2023 onwards. The change is in accordance with the Notice of the Association of Investment Management Companies No. SorJorKor. Ror. 1/2566 Re: Mutual Funds Performance Measurement and Presentation Standards and does not have any effect on the management, risk profile or return of the Funds.  Details of the change are as follows:
 

Fund Name	Current	New
1. KFAFIX	Net Total Return of ThaiBMA Government Bond Index with a tenor of 10 years or less: 50.00% Net Total Return of 1-3 year ThaiBMA Corporate Bond Index (MTM) with BBB+ and above issuer rating: 30.00% Average interest rate for one-year fixed deposits with the amount less than 5 million Baht of 3 major banks, namely, Bangkok Bank, Kasikorn Bank and Siam Commercial Bank; after tax: 10.00% Interest rate of Thai Baht deposits (THBFIX) for 6-month period: 10.00%	Net Total Return of ThaiBMA Government Bond Index with a tenor of 10 years or less: 50.00% Net Total Return of 1-3 year ThaiBMA Corporate Bond Index (MTM) with BBB+ and above issuer rating: 30.00% Average interest rate for one-year fixed deposits with the amount less than 5 million Baht of 3 major banks, namely, Bangkok Bank, Kasikorn Bank and Siam Commercial Bank; after tax: 10.00% Thai Overnight Repurchase Rate (THOR); after tax: 10.00%
2. KFAFIXRMF	TBMA Government Bond Index with being less than 10 years: 50.00% TBMA Corporate Bond Index (MTM) of BBB+ or above with being more than 1 year but not exceed 3 years: 30.00% The average interest rate 1 year fixed deposit of 1 MB in individual-type a/c of BBL, KBank and SCB: 10.00% Interest rate of Thai Baht deposits (THBFIX) for 6-month period: 10.00%	TBMA Government Bond Index with being less than 10 years: 50.00% TBMA Corporate Bond Index (MTM) of BBB+ or above with being more than 1 year but not exceed 3 years: 30.00% The average interest rate 1 year fixed deposit of 1 MB in individual-type a/c of BBL, KBank and SCB: 10.00% Thai Overnight Repurchase Rate (THOR); after tax: 10.00%
3. KFSMART	Short-term Government Bond Index: 30.00% ThaiBMA Commercial Paper Index with BBB- and above issuer rating: 20.00% Average interest rate for one-year fixed deposits with the amount less than 5 million Baht of 3 major banks, namely, Bangkok Bank, Kasikorn Bank and Siam Commercial Bank; after tax: 20.00%       Interest rate of Thai Baht deposits (THBFIX) for 6-month period: 30.00%	Short-term Government Bond Index: 30.00% ThaiBMA Commercial Paper Index with BBB- and above issuer rating: 20.00% Average interest rate for one-year fixed deposits with the amount less than 5 million Baht of 3 major banks, namely, Bangkok Bank, Kasikorn Bank and Siam Commercial Bank; after tax: 20.00%     Thai Overnight Repurchase Rate (THOR); after tax: 30.00%

The change to the benchmark as mentioned above will take effect from 1 July 2023 onwards.  In this regard, the calculation of new benchmark will be continued from the current benchmark.

Should you have any queries, please contact your account manager or our Client Service at 02-657-5757 press 7 for English and press 2 or via email at krungsriasset.clientservice@krungsri.com.

Please be informed accordingly.