Feeder Fund
KT-GOLDUH-A
KTAM Gold Fund Unhedged (Class A)
Data as of 03/12/2025
Information
| Fund Type | Open-end Alternative Fund, Feeder fund |
| Risk Level | 8 |
| Investment Policy | Invests solely in the units of the master fund, averaging at least 80% of NAV during the financial year. |
| Master Fund | SPDR® Gold Trust |
| ISIN Code | US78463V1070 |
| Sponsor | The Trust’s sponsor is World Gold Trust Services, LLC (the “Sponsor”) which is an indirect wholly-owned subsidiary of the World Gold Council (“WGC”), a not-for-profit association registered under Swiss law. |
| Investment Policy (Master Fund) | The master fund invests in gold bars to achieve fund performance that closely track the performance of gold prices, less fees and management expenses incurred by the fund. |
| Class & currency | USD |
| FX Risk Hedging Policy (THB) | The fund will not hedge the entire portfolio. |
| Dividend Policy | No dividend payment |
| Minimum Purchase Amount | 1 Baht |
| Minimum Redemption Amount | None |
| Trading Hours | Every business day of the fund from 8.30 – 14.00 hrs. |
| Settlement Period | T+3 |
| Management Fee | Not exceeding 1.07% p.a.1 |
| Trustee Fee | Not exceeding 0.214% p.a.1 |
| Registrar Fee | Not exceeding 0.535% p.a.1 |
| Front End Fee | Not exceeding 0.535%1 |
| Back End Fee | Not exceeding 0.535%1 |
| Brokerage Fee | Not exceeding 0.535%1 |
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 SPDR Gold trust | N/A | 95.80 |
Investment in other funds exceeding 20% (domestic and/or foreign funds) (Data as of 31/10/2025)
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Fund Name : Unit Trust SPDR Gold trust
ISIN code : US78463V1070
Bloomberg code : GLD SP
Statistical information (Data as of 31/10/2025)
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Maximum Drawdown-10.80 %
-
Recovering PeriodN/A
-
FX Hedging0.00 %
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Portfolio Turnover Rate0.27
© 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.
Performance results
| Time period |
Past Performance (%)
( Ending on date 31 October 2025 ) |
Volatility (Standard Deviation) (% per year) | ||||
|---|---|---|---|---|---|---|
| KT-GOLDUH-A | Benchmark 1 | Benchmark 2 | KT-GOLDUH-A | Benchmark 1 | Benchmark 2 | |
| Year-to-date return | 43.73 | 45.10 | - | 16.35 | 16.71 | - |
| Last 3 months | 19.42 | 19.77 | - | 20.77 | 21.38 | - |
| Last 6 months | 17.44 | 17.97 | - | 17.88 | 18.32 | - |
| Last 1 year | 36.59 | 37.61 | - | 16.10 | 16.43 | - |
| Last 3 years | - | - | - | - | - | - |
| Last 5 years | - | - | - | - | - | - |
| Last 10 years | - | - | - | - | - | - |
| Since fund inception | 34.54 | 35.91 | - | 15.30 | 15.47 | - |
* Peer Group Fund Performance Report by AIMC
Benchmark 1 is The Master Fund’s Performance (in USD) adjusted with the exchange rate for conversion to Thai Baht as at the date on which return is calculated.
Benchmark 1 is The Master Fund’s Performance (in USD) adjusted with the exchange rate for conversion to Thai Baht as at the date on which return is calculated.
Annual performance results
| Year | Past Performance (%) | Volatility (Standard Deviation) (% per year) | ||||
|---|---|---|---|---|---|---|
| KT-GOLDUH-A | Benchmark 1 | Benchmark 2 | KT-GOLDUH-A | Benchmark 1 | Benchmark 2 | |
| 2024 | 3.79 | 4.22 | - | 13.37 | 13.16 | - |
* Peer Group Fund Performance Report by AIMC
Benchmark 1 is The Master Fund’s Performance (in USD) adjusted with the exchange rate for conversion to Thai Baht as at the date on which return is calculated.
Note :
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The fund performance is prepared in accordance with AIMC standards no. สจก.ร. 1/2566 by
- Past performance less than 1 year is % for each period (not annualize)
- 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.