Fund Fact Sheet
Data as of 30 April 2015
This fund fact sheet is to provide the summary information regarding the policies, return on investment and other conditions of the Mutual Fund. Investors are advised to study this
fund fact sheet and the complete prospectus thoroughly before making investment. Should there be any questions, investors are advised to make inquiries prior to subscribing for
investment units. Investment should be made when investors find that the investment in this mutual fund is appropriate to them and accept any risks arising out of the investment.
K Oil Fund : K-OIL
Fund Type
The Management Company
Trustee
Feeder Fund
Kasikorn Asset Management Co., Ltd.
Bangkok Bank PLC.
Dividend
Subscription and Redemption
Total Expenses
No Dividend
Fund Size
Every trading day
Not over 2.22% of NAV
Currently at 0.65% of NAV
4,096.93 Million Baht
Approved to be established by
Regulated by
Does this Mutual Fund have collateral
or principal protection?
Guarantor's Name
Registered Date
Fund Maturity
NAV per share
Risk Spectrum
SEC
SEC
No
No
7 August 2009
Indefinite
6.1235 Baht per unit
Crude Oil
Investment Policy
Assets to be invested
4 The fund has a policy to invest at least 80% of the NAV in Power Shares DB Oil Fund
(the Master Fund),
4 The Fund shall not invest in structured notes.
Hedging Policy
4 The Fund may invest in financial derivative instruments for hedging purpose. In general,
derivatives shall be held to hedge against foreign exchange rate risk at least 90% of
foreign investment value.
The Master Fund's Investment Policy
4 The Master Fund is an ETF that invests in crude oil futures contract of West Texas
Intermediate (WTI) to generate return in accordance with the Optimum Yield Crude Oil
Excess return. The Index will track the performance of crude oil futures price.
Investment Strategy
K Oil Fund : K-OIL
4 Tracking the Master Fund>s (Power Shares DB Oil Fund) returns.
The Master Fund
4 The Master Fund tracks the performance of Deutshe Bank Liquid Commodity
Index-Optimum Yield Crude Oil Excess Return (Index tracking)
Key factors to be concerned
4 Oil Price in the world market
4 Foreign exchange rate volatility.
4 Domestic and foreign economic factors - Economic stabilization, Foreign exchange
controls, Inflation rate etc.
Benchmark
Deutsche Bank Liquid Commodity Index B Optimum Yield Crude Oil Excess Return
adjusted by hedging cost against currency risk.
What type of investors is this Mutual Fund appropriate for?
Investment in this fund is appropriate for investors with the highest risk tolerance level.
The investor should invest in medium to long term investment horizon.
Risk Factors
4 Oil Price Risk
4 Derivative Risk from oil futures contract
4 Repatriation Risk
4 Liquidity Risk
4 Exchange Rate Risk
Important Information
4 The value of the Shares of the Fund relate directly to the value of the futures contracts
and other assets held by the Fund. It may be differentiated from the spot prices that
fluctuate according to varying supply and demand
4 Since the Fund will invest in foreign countries, as a result, any changes within such
countries including political or financial policy changes, as well as limitation concerning
laws and financial transaction, may affect the fund>s unit trust value.
4 The Fund therefore may encounter risk if foreign countries issue measures during
unusual crisis or there are economic, political, or social uncertainties and causing
the Fund not to be able to bring the money back in the country. Accordingly, the investors
may not receive redemption payment within time as specified in the prospectus.
4 The Fund does not aim to fully hedge against exchange rate risk exposure but it will
use derivatives to hedge against currency risk no less than 90% of its foreign currency
exposure. The investors therefore may be exposed to the exchange rate risk.
4 AMC has an objective to offer the fund>s unit trusts for sale in Thailand and not to
offer the unit trusts of the fund to or for the benefit of the United States of America, US
citizens, residents of the United States of America, or persons normally residing in the
United States of America as well as the assets of such persons and companies or
partnerships established and operating in the United States of America; thus, AMC
reserves the right not to offer the unit trusts of the fund to the aforementioned persons.
Portfolio Breakdown
Fund Performance (%)
(1) Asset Allocation (% of NAV)
Unit Trust : 95.35%
Deposits,P/N,B/E,Debt Instrument
Bank&Finance : 4.65%
(2) Portfolio Holdings
Currency Exposure
USD
THB
8.11%
91.89%
3 years
3 months 6 months
1 year
Since
As of 24 Apr 15
inception
69.53333333
Fund
15.54%
-37.83%
-47.30%
-46.99%
-39.63%
Benchmark
15.50%
-35.46%
-45.43%
-44.38%
-36.78%
1
-0.15
-0.81
-0.51
-0.29
-0.05
Information Ratio
Standard
39.52%
44.12%
32.81%
24.08%
24.86%
Deviation
1
Information Ratio (IR) measures a portfolio manager's ability to generate excess
returns relative to a benchmark.
The fund performance document is prepared in accordance with AIMC standards.
Calendar Year Performance (%)
20.00%
Fund
Benchmark
10.00%
Note : Data as of 30 April 2015
0.00%
Updated information is available on website www.kasikornasset.com.
-10.00%
Fees
-20.00%
= Fees charged to the Fund (% p.a. of NAV)
Management fee
Not over
1.50 Currently
0.50
Trustee fee
Not over
0.07 Currently
0.04
Registrar fee
Not over
0.15 Currently
0.05
1
Other expenses
Not over
Actual Currently
0.07
Total expenses
Not over
2.22 Currently
0.65
1
Data from the latest accounting period.
= Fees charged to Unitholders (% subscription / redemption price)
price)
Front-end fee
Not over
1.50 Currently
Exempted
Back-end fee
Not over
1.50 Currently
Exempted
Switching fee
Either the redemption price of the switch-out fund or the
subscription price of the switch-in fund.
Brokerage fee
Not over
0.75 Currently
0.08
(Being charged when the unitholder subscribe or redeem units)
*Investors are advised to consider fees and expenses before making any investment
decision since they affects the fund's performance. * All fees exclude VAT.
-30.00%
For more information
4 Kasikorn Asset Management Co.,Ltd.
Address: KASIKORNBANK Building, 6th Floor, 400/22 Phahon Yothin Avenue,
Phaya Thai, Bangkok 10400 Tel: 0 2673 3888 Fax: 0 2673 3988
Website : www.kasikornasset.com Email : ka.customer@kasikornasset.com
4 For more information about the Fund or request the fund prospectus,
please contact the Management company or other selling agents.
Other Information
Investment Channels & Additional Services
Kasikorn Bank Branches
Electronic Channels
K-Cyber Invest
Other Services
KAsset mutual Funds Internal Switching
K-Saving Plan
2010
2011
2012
2013
2014
-40.00%
-50.00%
*Past performance is not indicative of future results.*
Subscription / Redemption
= Registered Fund Size
10,000 Million Baht
= Subscription :
Subscription
Every trading day before 3.30 p.m.
Initial subscription / Subsequent subscription
5,000
Baht
K-Saving plan
500
Baht
= Redemption :
Redemptionv cut-off time
Every trading day before 3.30 p.m.
Minimum redemption
5,000
Baht
Minimum balance
5,000
Baht
Redemption settlement date :
4 business days after the redemption date (T+4, 10 a.m.)
(Effective on 2 March 2015)
(Deposited into KBank Account)
4 NAV is available on Website: www.kasikornasset.com or call 0 2673 3888 or
Kbank branches or call 0 2888 8888.
Power Shares DB Oil Fund
Name:
PowerShares DB Oil Fund
Fund type:
Exchange Trade Fund registered at New York Stock Exchange : NYSE Arca
Date registered for trades in stock exchange:
5-Jan-07
Reference Index:
Deutsche Bank Liquid Commodity Index B Optimum Yield
Management Company:
Crude Oil Excess Return
DB Commodity Services, LLC
4 Investment in investment units is neither money deposit nor under the protection of Deposit Protection Agency. Investor may have investment risk of not receiving return of investment funds in full.
4 In the event of unusual circumstances, investors may not receive the redemption payment within the period of time as specified in the prospectus.
4 Fund Performance is not subject to financial status or performance of the Management Company or the appointed selling agents.
The draft prospectus for offering of investment units of the Mutual Fund does not mean that the SEC has certified the correctness of the information in the prospectus or
guaranteed the price or return of the offered investment units.
As the person responsible for managing the Mutual Fund, The Management Company carefully reviewed the information in the summary prospectus as of 30 April 2015
and hereby certifies that the information is correct, not fault and does not mislead.