Feeder Fund

KT-CHINA-A

KTAM China Equity Fund

9.6703
-0.0113       -0.1167%
*NAV
9.8155
Offer
9.6703
Bid
4,940,257,981.85
*Net Asset Value
*(According to the fund's currency)
  Data as of 02/12/2025
      Data as of 31/10/2025
      Data as of 30/09/2025

Information

Fund type Open-end Equity Fund, Feeder Fund
Risk Level 6
Investment Policy The fund’s policy is to have foreign net exposure averaging no less than 80% of NAV during the financial year by investing solely in the BGF China Fund (master fund) at the aforementioned portfolio weight or as prescribed by the SEC.
Master Fund BGF China Fund
ISIN (Master Fund) LU0359204475
Management Company
(Master Fund)		 BlackRock (Luxembourg) S.A.
Investment Policy
(Master Fund)		 The BGF China Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 70% of its total assets in the shares of companies domiciled in, or the main business of which is in, the People’s Republic of China.
Currency (Master Fund) USD
Hedging Policy (in THB) Subjected to the discretion of the fund manager given prevailing investment climate
Dividend Policy No dividend
Minimum Subscription 1,000 Baht
Minimum Redemption None
Trading Hours Every business day of the fund from 8.30 – 15.30 hrs
Krung Thai Bank and Selling Agents
Internet Trading: KTAM SMART TRADE (www.ktam.co.th)
Settlement Period T+4
Management Fee Not exceeding 2.14% p.a.1 (Currently 0.8025% p.a.1)
Trustee Fees Not exceeding 0.0749% p.a.1 (Currently 0.0321% p.a.1)
Registrar Fee Not exceeding 0.535% p.a.1 (Currently 0.2140% p.a.1)
Front-end Fee Not exceeding 3% (Currently 1.50%)1
Back-end Fee Not exceeding 3% (Currently waived)
Bloomberg Ticker Ticker (Master Fund) : BLKCHD2:LX
Ticker : KTCHINA:TB
 
1This rate includes VAT, special business tax, and other similar taxes.

Portfolio information

Asset allocation proportions (Data as of 31/10/2025)
Securities with the highest investment value 5 First rank (Data as of 31/10/2025)
Securities Credit rating (% NAV)
Unit Trust BlackRock Global Funds - China Fund D2 USD N/A 95.93
Top 5 assets invested in the main fund (Data as of 31/10/2025)
  • Asset
    (% NAV)
  • Tencent Holdings Ltd
    9.75
  • Alibaba Group Holding Ltd Ordinary Shares
    9.37
  • BlackRock ICS USD LiqEnvtlyAwr Agcy Inc
    9.20
  • Xiaomi Corp Class B
    5.33
  • China Construction Bank Corp Class H
    5.18
Master Fund Information as of 30/09/25
Investment allocation by industry group of the main fund (Data as of 31/10/2025)
  • Industry group
    (% NAV)
  • CommunicationServices
    27.96
  • ConsumerCyclical
    20.45
  • Technology
    15.03
  • FinancialServices
    12.05
  • BasicMaterials
    9.32
Master Fund Information as of 30/09/25
Foreign investment allocation of the main fund (Data as of 31/10/2025)
  • Country
    (% NAV)
  • CHINA
    87.05
  • NETHERLANDS
    4.52
  • TAIWAN, PROVINCE OF CHINA
    3.90
  • HONG KONG
    3.03
  • UNITED STATES
    1.42
Master Fund Information as of 30/09/25
Investment in other funds exceeding 20% (domestic and/or foreign funds) (Data as of 31/10/2025)
  • Fund Name : Unit Trust BlackRock Global Funds - China Fund D2 USD
    ISIN code : LU0359204475
    Bloomberg code : BLKCHD2

Statistical information (Data as of 31/10/2025)
  • Maximum Drawdown
    -65.23 %
  • Recovering Period
    N/A
  • FX Hedging
    52.27 %
  • Portfolio Turnover Rate
    0.36
  • Sharpe Ratio
    0.57
  • Alpha
    -2.60
  • Beta
    0.94

Morningstar Rating data as of 31/10/2025
© Copyright 2025 Morningstar Research Thailand. This information (1) is the property of Morningstar and/or its data providers, (2) reproduction or distribution is prohibited, and (3) Morningstar does not guarantee accuracy or completeness and is not responsible for any damages arising from its use. Past performance is not indicative of future results.

Note: Please read and refer to the prospectus summary for more detailed information.

Investors must understand the product features, return conditions, and risks before making an investment decision.

NAV of Fund

Performance results

Time period Past Performance (%)
( Ending on date 31 October 2025 ) 		Volatility (Standard Deviation) (% per year)
KT-CHINA-A Benchmark 1 Benchmark 2 KT-CHINA-A Benchmark 1 Benchmark 2
Year-to-date return 22.14 24.88 - 24.86 25.60 -
Last 3 months 8.29 8.83 - 22.60 23.21 -
Last 6 months 17.79 19.39 - 20.25 20.86 -
Last 1 year 18.97 22.05 - 25.64 26.27 -
Last 3 years 11.88 14.48 - 24.99 25.45 -
Last 5 years -6.20 -1.00 - 27.47 27.57 -
Last 10 years - - - - - -
Since fund inception 0.08 3.04 - 25.10 25.16 -

* Peer Group Fund Performance Report by AIMC

Benchmark 1 is The benchmark is the performance of the master fund adjusted for foreign exchange risk hedging costs conversion into Thai Baht, at approximately 80%, and conversion into Thai Baht 20%

Benchmark 1 is The benchmark is the performance of the master fund adjusted for foreign exchange risk hedging costs conversion into Thai Baht, at approximately 80%, and conversion into Thai Baht 20%

Annual performance results

Year Past Performance (%) Volatility (Standard Deviation) (% per year)
KT-CHINA-A Benchmark 1 Benchmark 2 KT-CHINA-A Benchmark 1 Benchmark 2
2024 11.32 13.67 - 24.10 24.81 -
2023 -17.26 -9.73 - 22.77 23.69 -
2022 -31.35 -27.23 - 36.25 32.50 -
2021 -14.50 -5.43 - 27.79 26.10 -
2020 40.72 44.79 - 28.75 27.61 -
2019 15.27 10.53 - 17.24 17.77 -
2018 -22.15 -21.15 - 22.33 21.65 -
2017 20.52 16.08 - 13.04 13.65 -

* Peer Group Fund Performance Report by AIMC

Benchmark 1 is The benchmark is the performance of the master fund adjusted for foreign exchange risk hedging costs conversion into Thai Baht, at approximately 80%, and conversion into Thai Baht 20%

Note :

  • The fund performance is prepared in accordance with AIMC standards no. สจก.ร. 1/2566 by
    1. Past performance less than 1 year is % for each period (not annualize)
    2. Past performance more than 1 year is % per year (annualize)
  • The assessment of the fund's performance as shown on this website has been in accordance with the assessment standards set by the Association of Investment Management Companies (AIMC).
  • Past performance of the fund may not be indicative of future operation.

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