Feeder Fund
KT-JAPANSM-D
KTAM Japan Small Cap Equity Fund (Class D)
Data as of 02/12/2025
Information
| Fund type | Open-end Equity Fund, Feeder Fund |
| Risk Level | 6 |
| Investment Policy | Mainly invests in the Henderson Horizon Fund – Japanese Smaller Companies Fund – Class A2, averaging no less than 80% of NAV during the financial year or according to the portfolio weight prescribed by the SEC. |
| Master Fund | Henderson Horizon Fund – Japanese Smaller Companies Fund – Class A2 |
| ISIN (Master Fund) | LU0572961604 |
| Management Company (Master Fund) | Henderson Global Investors Limited |
| Investment Policy (Master Fund) |
The Henderson Horizon Fund – Japanese Smaller Companies Fund – Class A2 is domiciled in Luxembourg and established as Société d’Investissement à Capital Variable (SICAV) complying with UCITS. The master fund is managed by Henderson Management S.A. The master fund’s objective is to seek long-term capital appreciation by investing at least two-thirds of its total assets in smaller Japanese companies, defined as having a market capitalization ranked in the bottom 25% of the Japanese equity market. |
| Currency (Master Fund) | JPY |
| Hedging Policy (in THB) | Subjected to the discretion of the fund manager to cope with the prevailing investment climate. |
| Dividend Policy | No more than 4 times per year |
| 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 2.675% p.a. (Currently 1.07% p.a.1) |
| Trustee Fees | Not exceeding 0.0749% p.a. (Currently 0.0428% p.a.1) |
| Registrar Fee | Not exceeding 0.535% p.a. (Currently 0.2675% p.a.1) |
| Front-end Fee | Not exceeding 5% (Currently 1.50%1) |
| Back-end Fee | Not exceeding 3% (Currently waived) |
| Bloomberg Ticker | Ticker (Master Fund) : HEJSA2J LX Ticker : KTAMJPD:TB |
| Master Fund Information | Horizon Japanese Smaller Companies Fund : Overview | Fact Sheet |
1This rate include 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 Janus Henderson Horizon Japanese Smaller Companies Fund A2 JPY | N/A | 95.76 |
Top 5 assets invested in the main fund (Data as of 31/10/2025)
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Asset(% NAV)
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Aiful Corp3.70
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Taikisha Ltd3.47
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Park24 Co Ltd3.43
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GMO Financial Holdings Inc3.13
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Septeni Holdings Co Ltd3.06
Investment allocation by industry group of the main fund (Data as of 31/10/2025)
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Industry group(% NAV)
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Industrials22.35
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BasicMaterials16.61
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Technology14.50
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ConsumerCyclical12.53
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ConsumerDefensive11.49
Foreign investment allocation of the main fund (Data as of 31/10/2025)
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Country(% NAV)
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JAPAN100.00
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 Janus Henderson Horizon Japanese Smaller Companies Fund A2 JPY
ISIN code : LU0572961604
Bloomberg code : HEJSA2J LX
Statistical information (Data as of 31/10/2025)
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Maximum Drawdown-17.32 %
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Recovering Period7 month
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FX Hedging97.51 %
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Portfolio Turnover Rate0.74
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Sharpe Ratio0.73
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Alpha1.35
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Beta0.81
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.
Dividend payment history
| Book Closing Date (dd/mm/yyyy) | Payment Date | Amount per unit (Dividend) |
|---|---|---|
| 22/11/2024 | 06/12/2024 | 0.4000 Baht/Unit |
| 22/03/2024 | 05/04/2024 | 0.4000 Baht/Unit |
| 27/08/2021 | 07/09/2021 | 0.2500 Baht/Unit |
| 02/03/2021 | 11/03/2021 | 0.6500 Baht/Unit |
| 26/05/2017 | 06/06/2017 | 0.4500 Baht/Unit |
| Total paid 5 Times | Total Dividends 2.1500 Baht |
Performance results
| Time period |
Past Performance (%)
( Ending on date 31 October 2025 ) |
Volatility (Standard Deviation) (% per year) | ||||
|---|---|---|---|---|---|---|
| KT-JAPANSM-D | Benchmark 1 | Benchmark 2 | KT-JAPANSM-D | Benchmark 1 | Benchmark 2 | |
| Year-to-date return | 18.02 | 20.33 | - | 15.38 | 15.37 | - |
| Last 3 months | 5.70 | 5.63 | - | 12.35 | 12.18 | - |
| Last 6 months | 15.45 | 15.54 | - | 11.03 | 11.08 | - |
| Last 1 year | 20.66 | 22.94 | - | 14.56 | 14.58 | - |
| Last 3 years | 11.34 | 9.98 | - | 15.61 | 16.20 | - |
| Last 5 years | 12.09 | 8.90 | - | 15.99 | 16.46 | - |
| Last 10 years | - | - | - | - | - | - |
| Since fund inception | 8.23 | 6.65 | - | 18.23 | 17.50 | - |
* 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-JAPANSM-D | Benchmark 1 | Benchmark 2 | KT-JAPANSM-D | Benchmark 1 | Benchmark 2 | |
| 2024 | 2.46 | 2.40 | - | 18.64 | 18.27 | - |
| 2023 | 17.21 | 9.31 | - | 12.69 | 14.14 | - |
| 2022 | 2.74 | -6.46 | - | 16.35 | 16.95 | - |
| 2021 | 11.21 | 13.19 | - | 16.10 | 15.71 | - |
| 2020 | 2.50 | 9.15 | - | 32.72 | 29.48 | - |
| 2019 | 30.57 | 23.80 | - | 15.16 | 13.67 | - |
| 2018 | -25.85 | -25.27 | - | 17.45 | 15.55 | - |
| 2017 | 16.13 | 14.28 | - | 10.12 | 10.37 | - |
| 2016 | 12.97 | 11.54 | - | 18.29 | 15.38 | - |
* 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 :
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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.