Amendment to the Mutual Fund Project of 3 Funds under Management

16 June 2025
Krungsri Asset Management Company Limited (“the Management Company”) would like to notify unitholders of the amendments to the mutual fund project of Krungsri ESG Climate Tech Fund (KFCLIMA), Krungsri ESG Climate Tech RMF (KFCLIMARMF) and Krungsri ESG Climate Tech SSF (“the Fund”) which have been approved by the Office of the Securities and Exchange Commission on a general basis. The amendments are in relation to change of information of the DWS Invest ESG Climate Tech which is a foreign fund that the fund invested (“the Master Fund”). The change is summarized as follows:
 
Subject Old New
Master Fund’s Name DWS Invest ESG Climate Tech DWS Invest ESG Climate Opportunities
Investment Objective and Policy: The objective of the investment policy of the Fund is to achieve an above average appreciation of capital. 
The Fund may acquire equities, stock certificates, participation and dividend right certificates, convertible bonds and equity warrants issued by foreign and domestic companies that are primarily active in business areas suited to restricting or reducing climate change and its effects or help to adapt to it, specifically companies offering products, services and solutions helping to lower emissions by generating clean energy, transmit energy efficiently or increase energy efficiency, but also companies that are active in climate change impact management across areas like health, water, agriculture or disaster prevention/recovery.
At least 75% of the Fund’s assets are invested in equities of all market capitalizations, stock certificates, participation and dividend right certificates, convertible bonds and equity warrants issued by foreign and domestic companies.
The fund’s assets are predominantly invested in securities from domestic as well as foreign issuers that have an Environmental, Social and Corporate Governance (ESG) focus.
The security selection process takes the Environmental, Social and Corporate Governance performance of a company beyond its financial success into consideration.  Within the security selection process the Fund applies generally accepted strategies for the implementation of the ESG approach. Exclusion criteria are used (“Negative Screening Strategy”) and the Fund invests in securities of issuers, which perform best in class in regards to the mentioned ESG criteria (“Best-in-Class Strategy”)
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The Fund promotes environmental and social characteristics and reports as product in accordance with the regulation on sustainability-related disclosures in the financial services sector (“SFDR”). While the Fund does not have as its objective a sustainable investment, it will invest a minimum proportion of its assets in sustainable investments as defined by article 2(17) SFDR. The sustainable investments included in the Fund portfolio are determined by a Sustainability Investment Assessment and are not limited to climate related sustainable investments in sustainable climate technologies. Further, the Fund itself does not aim to achieve a specific climate related greenhouse gas emission reduction target.
The objective of the investment policy of the Fund is to achieve an above average appreciation of capital.  At least 75% of the Fund’s assets are invested in equities of all market capitalizations, stock certificates, participation and dividend right certificates, convertible bonds and equity warrants issued by global entities.
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At least 80% of the Fund’s net assets are invested worldwide in issuers that have at least part of their economic activities in areas that the Fund management considers relevant in the context of mitigating or adapting to climate change and its effects and that could benefit from those activities to mitigate or to adapt to climate change. This includes for example issuers offering products and/or services related to the generation of clean energy, the efficient transmission of energy or the increase of energy efficiency. To assess the relevance in the context of mitigating climate change and its effects, the Fund management is selecting issuers using a proprietary methodology.
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At least 80% of the Fund’s net assets are invested in assets that comply with the promoted environmental and social characteristics. Within this category, at least 25% of the fund’s net assets qualify as sustainable investments in accordance with article 2(17) SFDR.
Website: www.dws.com https://funds.dws.com/en-ch/equity-funds/lu1885667664-dws-invest-esg-climate-opportunities-usd-tfc/
Remark: *For further details, please refer to the latest version of the Prospectus for the Fund, updated as of the effective date of the amendments.

This amendment to the mutual fund project is made to ensure consistency with the updated information of the master fund.  In addition, the Management Company also would like to update the management strategy to comply with the standard statements set by the SEC Office.  These changes have no impact on the investment policy or fund management in any way. The details are as follows:
 
Subject Old New
Management Strategy ..................aims to track investment return of the master fund (Passive Management). The master, DWS Invest ESG Climate Tech has an active management strategy. The Fund aims to track investment return of the Master Fund.  The Master Fund aims to generate higher return than the benchmark (active management).

The amendments to the mutual fund project mentioned above shall take effect from 20 June 2025 onwards.

Should you require any further information, 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.
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