Feeder Fund

KT-GEQ-A

KTAM Global Equity Passive Fund (Class A)

12.9065
+0.0288       +0.2236%
*NAV
12.9204
Offer
12.8927
Bid
10,749,298,624.09
*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 mainly to invest solely in the iShares MSCI ACWI ETF (master fund), averaging at least 80% of NAV during the financial year.
Master Fund iShares MSCI ACWI ETF
Investment Adviser (Master Fund) BlackRock Fund Advisors
Investment Policy (Master Fund) The Fund seeks to track the investment results of the MSCI ACWI (the “Underlying Index”), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. The Underlying Index includes large- and mid-capitalization companies and may change over time. BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies. BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.
 
The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures,
options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of any collateral received).
Currency (Master Fund) USD
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
Settlement Period T+2
Management Fee Not exceeding 2.14% p.a.1 (Currently 0.535% p.a.1)
Trustee Fee Not exceeding 0.214% p.a.1 (Currently 0.025145% p.a.1)
Registrar Fee Not exceeding 0.535% p.a.1 (Currently 0.107% p.a.1)
Front-end Fee Not exceeding 3.21%1   (currently waived)
Back-end Fee Not exceeding 3.21%1   (Currently waived)
Brokerage Fee Not exceeding 0.535%1 (Currently 0.107%)
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 iShares MSCI All Country World ETF N/A 97.58
Top 5 assets invested in the main fund (Data as of 31/10/2025)
  • Asset
    (% NAV)
  • NVIDIA Corp
    5.04
  • Apple Inc
    4.40
  • Microsoft Corp
    3.85
  • Amazon.com Inc
    2.56
  • Alphabet Inc Class A
    1.77
Master Fund Information as of 07/11/25
Investment allocation by industry group of the main fund (Data as of 31/10/2025)
  • Industry group
    (% NAV)
  • Technology
    28.50
  • FinancialServices
    16.77
  • ConsumerCyclical
    10.35
  • Industrials
    10.17
  • CommunicationServices
    9.04
Master Fund Information as of 07/11/25
Foreign investment allocation of the main fund (Data as of 31/10/2025)
  • Country
    (% NAV)
  • UNITED STATES
    64.70
  • JAPAN
    4.94
  • CHINA
    3.15
  • UNITED KINGDOM
    3.14
  • CANADA
    2.90
Master Fund Information as of 07/11/25
Investment in other funds exceeding 20% (domestic and/or foreign funds) (Data as of 31/10/2025)
  • Fund Name : Unit Trust iShares MSCI All Country World ETF
    ISIN code : US4642882579
    Bloomberg code : ACWI US

Statistical information (Data as of 31/10/2025)
  • Maximum Drawdown
    -25.29 %
  • Recovering Period
    N/A
  • FX Hedging
    49.05 %
  • Portfolio Turnover Rate
    0.20
  • Sharpe Ratio
    0.95
  • Alpha
    -0.44
  • Beta
    0.75

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-GEQ-A Benchmark 1 Benchmark 2 KT-GEQ-A Benchmark 1 Benchmark 2
Year-to-date return 14.92 17.51 - 18.35 18.73 -
Last 3 months 7.39 7.93 - 10.41 10.81 -
Last 6 months 17.70 19.58 - 11.28 11.40 -
Last 1 year 16.08 19.14 - 17.43 17.81 -
Last 3 years 14.95 15.39 - 14.95 16.70 -
Last 5 years - - - - - -
Last 10 years - - - - - -
Since fund inception 6.24 10.65 - 16.44 17.88 -

* Peer Group Fund Performance Report by AIMC

Benchmark 1 is The Master fund’s performance : Adjusted to reflect the costs of hedging against FX risk in order to determine performance denominated in Thai Baht at approximately 80% on date of investment and converted into Thai Baht as of the date performance is measured at approximately 20%

Benchmark 1 is The Master fund’s performance : Adjusted to reflect the costs of hedging against FX risk in order to determine performance denominated in Thai Baht at approximately 80% on date of investment and converted into Thai Baht as of the date performance is measured at approximately 20%

Annual performance results

Year Past Performance (%) Volatility (Standard Deviation) (% per year)
KT-GEQ-A Benchmark 1 Benchmark 2 KT-GEQ-A Benchmark 1 Benchmark 2
2024 13.23 14.57 - 12.05 12.44 -
2023 16.03 21.68 - 12.84 17.07 -
2022 -19.41 -15.64 - 22.57 23.34 -
2021 7.03 12.56 - 12.40 12.49 -

* Peer Group Fund Performance Report by AIMC

Benchmark 1 is The Master fund’s performance : Adjusted to reflect the costs of hedging against FX risk in order to determine performance denominated in Thai Baht at approximately 80% on date of investment and converted into Thai Baht as of the date performance is measured at approximately 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.

Download document

Prospectus (Fund Fact Sheet)
Monthly Fund Update