Krungsri Asset Management - Provident Fund

Employee's choice

Employee’s choice concept responds to different preference in savings of each member based on age, expected return, risk appetite, and other factors such as duration of investment etc. and it enables employees to select their own investment policies that best suit their needs.
To adopt Employee’s Choice concept, it is necessary for employees to have sufficient knowledge in investment.
Krungsri Asset Management Ltd. registered “Ayudhya Master Fund Registered Provident Fund “ on 30 January 2009. This is a Master Pooled Fund with 22 policies. Members may choose investment portfolio that best suits their style based on age, risk appetite, and expected return within the investment framework set out by the fund committee or life path by using the member’s age to determine the portfolio allocation among equities, fixed-income, infrastructure funds (infra)/ real-estate investment trusts (REITs) (if any). Krungsri Asset will automatically adjust the portfolio allocation. Details of Ayudhya Master Fund Registered Provident Fund are as follows:

*Please click at fund name to view fund fact sheet

Fund Type/ Fund name / Fund Fact Sheet	Risk Level	Investment Policies and Portfolio Management	Remark
Fixed Income
1. PDM_CASHRMF	1 Low	Short-term government papers	-
2. PDM_MTFIRMF	4 Low to moderate	Medium-term government papers and corporate papers Minimum ratings “A-”	-
3. PDM_GOVRMF	4 Low to moderate	Medium to Long-term government papers and bonds	-
Foreign Fixed Income
1. PDM_CSINCOM	5 Moderate to high	The Fund allocates at least 80% of NAV in each accounting year in a foreign fund titled PIMCO GIS Income Fund (Class I-Acc).	The exchange rate risk is hedged at least 90% of the foreign investment value
Mixed
1. PDM_FLEX2RMF	5 Moderate to high	Investment in listed stocks and deposits by the decision of fund manager	-
Thai Equity
1. PDM_S100RMF	6 High	SET100	-
2. PDM_ENS50-A	6 High	Focus on investing in SET50	-
3. PDM_SDIV	6 High	Focus on dividend stocks	-
4. PDM_TSTAR-A	6 High	Listed companies with strong fundamental, high business growth potential and attractive dividend yield.	-
5. PDM_SEQ	6 High	Investing in listed stocks with strong fundamental and high business growth potential	-
6. PDM_DYNAMIC	6 High	Investing in listed stocks with strong fundamental, high business growth potential and high conviction	-
Foreign Equity
1. PDM_GBRANRMF	6 High	To invest primarily in equity securities of companies in the world’s developed countries whose success the Company believes depends on intangible assets	The exchange rate risk is hedged upon Fund manager’s discretion
2. PDM_ESG-A	6 High	A minimum of 80% of NAV in average of fund accounting year are invested in the Master Fund named, AB Sustainable Global Thematic Portfolio	The exchange rate risk is hedged at least 90% of the foreign investment value
3. PDM_USINDX-A	-6 High	The Fund allocates at least 80% of NAV in each accounting year in a foreign fund titled iShares Core S&P 500 ETF (master fund)	The exchange rate risk is hedged at least 90% of the foreign investment value
4. PDM_NDQ-A	-6 High	The fund invests in Invesco NASDAQ 100 ETF, the master fund, at least 80% of NAV in average of an accounting period	The exchange rate risk is hedged upon Fund manager’s discretion
5. PDM_HEUROPE-A	6 High	This fund allocates at least 80% of NAV in each accounting year in a foreign fund titled Allianz Europe Equity Growth Fund (Master Fund).	The exchange rate risk is hedged at least 90% of the foreign investment value
6. PDM_JPINDX-A	6 High	The Fund allocates at least 80% of NAV in each accounting year in a foreign fund titled Nikkei 225 Exchange Traded Fund (master fund)	The exchange rate risk is hedged at least 90% of the foreign investment value
7. PDM_HASIA-A	6 High	Minimum 80% of NAV in average of fund accounting year are invested in the Master Fund named, Baillie Gifford Pacific Fund (Class B Acc). (The change of investment in the Master Fund from Vontobel Fund - mtx Sustainable Asian Leaders (ex-Japan) takes effect from 15 December 2021 onwards.)	The exchange rate risk is hedged at least 90% of the foreign investment value
8. PDM_ACHINA-A	6 High	Minimum 80% of Funds assets in average of fund accounting year are invested in the Master Fund named, UBS (Lux) Investment SICAV - China A Opportunity (USD) (Class P - acc).	The exchange rate risk is hedged upon Fund manager’s discretion
9. PDM_INDIARMF	6 High	Mainly invest in units of a foreign fund, FSSA Indian Subcontinent Fund, with net exposure at least 80%, in average of its NAV in any accounting period	The exchange rate risk is hedged upon Fund manager’s discretion
10. PDM_VIET-A	6 High	Invest in foreign equity funds and/or Exchange Traded Fund (ETF) whose investment policy focuses on investment in listed securities in Vietnam and/or whose business or interest from business in Vietnam is, in average in any accounting period, no less than 80% of its NAV and at least 2 funds. The fund invests in the following funds; 1. JPMorgan Vietnam Opportunities Fund 2. Dragon Capital Vietnam Equity UCITS Fund 3. Lumen Vietnam Fund managed	The exchange rate risk is hedged upon Fund manager’s discretion
11. PDM_HCARERMF	7 High	At least 80% of NAV in each accounting year in a foreign fund titled JPM Global Healthcare Fund (Master Fund) with at least 67% of the assets (excluding cash and cash equivalents) being invested in equity securities of Healthcare Companies	The exchange rate risk is hedged upon Fund manager’s discretion
12. PDM_HTECH-A	7 High	To invest globally in the global equity securities of companies whose predominant economic activity is in the technology sector	The exchange rate risk is hedged at least 90% of the foreign investment value
Alternative Investment
1. PDM_GOLD	8 Very high	To invest in investment units of a foreign fund named SPDR Gold Trust, which invests in gold bullion in order to generate return comparable to return on investment from gold	Not hedging foreign exchange
Life Path
Equity
1. PDM_ENS50-A	6 High	Track investment return of SET50 index (passive management) more than 90% Enhance higher return by active management approach in remaining 10%	-
Mixed
2. PDM_SUPERRMF	5 Moderate to high	invest up to 75% of its assets in Equity (including REIT and Infrastructure fund) and ar least 25% in Fixed income .	The exchange rate risk is hedged at least 90% of the foreign investment value
3. PDM_GOODRMF	5 Moderate to high	invest up to 50% of its assets in Equity (including REIT and Infrastructure fund) and at least 50% in Fixed income	The exchange rate risk is hedged at least 90% of the foreign investment value
4. PDM_HAPPYRMF	5 Moderate to high	invest up to 25% of its assets in Equity (including REIT and Infrastructure fund) and at least 75% in Fixed income .	The exchange rate risk is hedged at least 90% of the foreign investment value

Fund Type/
Fund name /
Fund Fact Sheet

Risk Level

Investment Policies and Portfolio Management

Remark

Fixed Income

1. PDM_CASHRMF

1
Low

Short-term government papers

2. PDM_MTFIRMF

4
Low to moderate

Medium-term government papers and corporate papers Minimum ratings “A-”

3. PDM_GOVRMF

4
Low to moderate

Medium to Long-term government papers and bonds

Foreign Fixed Income

1. PDM_CSINCOM

5
Moderate to high

The Fund allocates at least 80% of NAV in each accounting year in a foreign fund titled PIMCO GIS Income Fund (Class I-Acc).

The exchange rate risk is hedged at least 90% of the foreign investment value

Mixed

1. PDM_FLEX2RMF

5
Moderate to high

Investment in listed stocks and deposits by the decision of fund manager

Thai Equity

1. PDM_S100RMF

6
High

SET100

2. PDM_ENS50-A

6
High

Focus on investing in SET50

3. PDM_SDIV

6
High

Focus on dividend stocks

4. PDM_TSTAR-A

6
High

Listed companies with strong fundamental, high business growth potential and attractive dividend yield.

5. PDM_SEQ

6
High

Investing in listed stocks with strong fundamental and high business growth potential

6. PDM_DYNAMIC

6
High

Investing in listed stocks with strong fundamental, high business growth potential and high conviction

Foreign Equity

1. PDM_GBRANRMF

6
High

To invest primarily in equity securities of companies in the world’s developed countries whose success the Company believes depends on intangible assets

The exchange rate risk is hedged upon Fund manager’s discretion

2. PDM_ESG-A

6
High

A minimum of 80% of NAV in average of fund accounting year are invested in the Master Fund named, AB Sustainable Global Thematic Portfolio

The exchange rate risk is hedged at least 90% of the foreign investment value

3. PDM_USINDX-A

-6
High

The Fund allocates at least 80% of NAV in each accounting year in a foreign fund titled iShares Core S&P 500 ETF (master fund)

The exchange rate risk is hedged at least 90% of the foreign investment value

4. PDM_NDQ-A

-6
High

The fund invests in Invesco NASDAQ 100 ETF, the master fund, at least 80% of NAV in average of an accounting period

The exchange rate risk is hedged upon Fund manager’s discretion

5. PDM_HEUROPE-A

6
High

This fund allocates at least 80% of NAV in each accounting year in a foreign fund titled Allianz Europe Equity Growth Fund (Master Fund).

The exchange rate risk is hedged at least 90% of the foreign investment value

6. PDM_JPINDX-A

6
High

The Fund allocates at least 80% of NAV in each accounting year in a foreign fund titled Nikkei 225 Exchange Traded Fund (master fund)

The exchange rate risk is hedged at least 90% of the foreign investment value

7. PDM_HASIA-A

6
High

Minimum 80% of NAV in average of fund accounting year are invested in the Master Fund named, Baillie Gifford Pacific Fund (Class B Acc).
(The change of investment in the Master Fund from Vontobel Fund - mtx Sustainable Asian Leaders (ex-Japan) takes effect from 15 December 2021 onwards.)

The exchange rate risk is hedged at least 90% of the foreign investment value

8. PDM_ACHINA-A

6
High

Minimum 80% of Funds assets in average of fund accounting year are invested in the Master Fund named, UBS (Lux) Investment SICAV - China A Opportunity (USD) (Class P - acc).

The exchange rate risk is hedged upon Fund manager’s discretion

9. PDM_INDIARMF

6
High

Mainly invest in units of a foreign fund, FSSA Indian Subcontinent Fund, with net exposure at least 80%, in average of its NAV in any accounting period

The exchange rate risk is hedged upon Fund manager’s discretion

10. PDM_VIET-A

6
High

Invest in foreign equity funds and/or Exchange Traded Fund (ETF) whose investment policy focuses on investment in listed securities in Vietnam and/or whose business or interest from business in Vietnam is, in average in any accounting period, no less than 80% of its NAV and at least 2 funds. The fund invests in the following funds; 1. JPMorgan Vietnam Opportunities Fund 2. Dragon Capital Vietnam Equity UCITS Fund 3. Lumen Vietnam Fund managed

The exchange rate risk is hedged upon Fund manager’s discretion

11. PDM_HCARERMF

7
High

At least 80% of NAV in each accounting year in a foreign fund titled JPM Global Healthcare Fund (Master Fund) with at least 67% of the assets (excluding cash and cash equivalents) being invested in equity securities of Healthcare Companies

The exchange rate risk is hedged upon Fund manager’s discretion

12. PDM_HTECH-A

7
High

To invest globally in the global equity securities of companies whose predominant economic activity is in the technology sector

The exchange rate risk is hedged at least 90% of the foreign investment value

Alternative Investment

1. PDM_GOLD

8
Very high

To invest in investment units of a foreign fund named SPDR Gold Trust, which invests in gold bullion in order to generate return comparable to return on investment from gold

Not hedging foreign exchange

Life Path

Equity

1. PDM_ENS50-A

6
High