Idea Transcript
UOB Smart Value RMF : UOBSVRMF
Annual Report (For the period of 2016/2017)
Contents Page Message from the Company
1
List of Board of Directors and Management Team
2
Supervisor Report
3
Name List of Fund Manager
4
Fund Performance
5
Fund Expenses
6
Fund Details of Investment, Borrowing and Obligations
7
Summary Report of Invested Money
8
Details of Instruments and the Ranking of Credit of respective Instruments in the Portfolio
9
Portfolio Turnover Ratio (PTR)
10
Credit rating of the bank or financial institution
11
List of Soft Commission
12
List of Connected Person with transaction
13
Report on non-compliance of investment limit
14
Voting right and voting right exercising
15
Information on the exceeding of 1/3 unit holding
16
The amendment to the commitment
17
Auditor’s Report
18
M Message f the Company from C y To
Unittholders
o short-term fixed income securities. As a short-term fixxed income fund, UOB Smaart Value RMF focuses only on As of August 31, 2017, thhe fund allocatted 47.4% of itts total NAV to treasury bills & Bank of Thaailand bonds and a 52.6% to bank deeposits & fixedd income insttruments. Mosst of fixed inccome securitiees have had ttime to maturrity of less than 1 yearr to minimize innterest rate risk. The fund’s duration d was then 0.46 year. mparing with the fiscal yeaar 2015/2016 accounting period, p the funnd’s investmeent in governm ment debt Com securities as a of August 2017 2 decreassed to 47.4 froom 52.03%. At A the same tim me, the fund increased its portion of financial insstitution debtss’ instruments to 52.6% from m 47.97%. In addition, the portfolio duraation slightly decreased d from 0.65 too 0.46 year. mart Value RM MF for a periodd of one year on o August 31, 2017, we woould like to As we have managed UOB Sm n value to unnit holder, Thee fund has a net n asset valuee 327,874,0188.02 Baht in assset value or its earning inform the net per unit is at a 13.3210 Bahht In thhis connectionn, we would like to expresss our sinceree thanks to thhe trust of alll Unitholders has been extended too us for your investment UOB Smart Vaalue RMF. Should you havee any further question or need n more information,, You can monitor or follow thhe announcement the net assset value of thee Fund in the coompany website.
UOB Asset Managem ment (Thailannd) Co., Ltd.
(Mr. Vana Bulbon) Chief Exeecutive Officer
UOB Smarrt Value RMF
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List of Board of Directors And Management Team UOB Asset Management (Thailand) Co., Ltd. Board of Directors 1. 2. 3. 4. 5.
Mr. Lee Wai Fai Mr. Thio Boon Kiat Mr. Sanchai Apisaksirikul Ms. Piyaporn Ratanaprasartporn Mr. Vana Bulbon
Chairman Director Director Director Director and CEO
Management Team 1. 2. 3. 4.
Mr. Vana Bulbon Mrs. Sunaree Piboonsakkul Mr. Jerdphan Nithayayon Ms. Rachada Tangharat
Chief Executive Officer Senior Director (Operation Division) Senior Director (Investment Division) Senior Director (Business Development Division)
Office Location UOB Asset Management (Thailand) Co., Ltd. 23A, 25 Floor, Asia Centre Building, 173/27-30, 32-33 South Sathon Road, Thungmahamek, Sathon, Bangkok 10120, Thailand Tel : +66 2786 2222 Fax : +66 2786 2377
UOB Smart Value RMF
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UOB Smart Value RMF
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UOB Smart Value RMF Name List of Fund Manager For the period of September 1, 2016 to August 31, 2017 No. 1 2 3 4 5 6 7
Name List of Fund Manager Mr.Jaruwat Ms.Chanisda Mrs.Pungpis Ms.Anchalee Ms.Linda Mr.Verayuth MS.Benjabhorn
Preepreamkul* Viranuvatti Chularojmontri Ngamwutikul* Ubolriabroy Halilamien* Lertsethasart
* Fund manager and portfolio manager in derivatives ( if any ).
UOB Smart Value RMF
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Fund Performance Registration Date
Jun 27, 2002
Ending Date of Accounting Period
Aug 31, 2017 Fund Performance (%)
Benchmark* (%)
3 Months Between May 31, 2017 - Aug 31, 2017
1.09
6.33
6 Months Between Feb 28, 2017 - Aug 31, 2017
1.08
4.46
1 Years Between Aug 31, 2016 - Aug 31, 2017
1.05
1.13
3 Years Between Aug 29, 2014 - Aug 31, 2017
1.38
3.28
Since Inception Between Jun 27, 2002 - Aug 31, 2017
1.91
3.37
* Average of the Fixed Deposit 1 year for individuals with a limit of 1 million baht. by BBL, SCB, KBANK (50%) and Total Return of ThaiBMA Government Bond Index) (50%) - Performance measures used in this annual report comply with AIMC performance presentation standards. - Past performance / performance comparison relating to a capital market product is not a guarantee of future results.
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UOB Smart Value RMF Total Expenses as called from fund Table From September 1, 2016 to August 31, 2017 Called expenses from fund (Fund's direct expense) Management fee
Amount
Percentage of
Unit : Thousand
Net Assets Value
1,420.01
0.43
62.13
0.02
-
-
Registrar fee
355.00
0.11
Advisory fee
-
-
Sale Promotion - IPO
-
-
Sale Promotion - After IPO
-
-
Auditing Fee
51.00
0.02
Advertising Expense
63.97
0.02
3.42 1,955.53
0.60
Trustee fee Transaction fee
Other Expenses * Total Expenses **
Remark * Other expense which each items is less than 0.01% of NAV ** Included VAT (if any)
UOB Smart Value RMF
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Explanation of rating of credit rating institute AAA The highest rating, indicates risk investment having smallest degree of credit risk. The company has extremely strong capacity to pay interest and repay principal on time and is unlikely to be affected by adverse changes in business, economic or other external conditions AA The rating indicates a debt instruments with a very low degree of credit risk. A
The rating indicates a debt instruments with low credit risk.
BBB The rating indicates a debt instruments with moderate credit risk. BB The rating indicates a debt instruments with high credit risk. B
The rating indicates a debt instruments with very high credit risk.
C
The rating indicates a debt instruments with highest risk of default. The company’s performance to repay/not repay principle and to pay/not pay interest on time is significantly depend upon the favorable business, economic or other external conditions to meet its obligations.
D
The rating for a debt instruments for which payment is in default.
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Portfolio Turnover Ratio (PTR) UOB Smart Value RMF For the period of September 1, 2016 to August 31, 2017 0.234
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Credit rating of the bank or financial institution UOB Smart Value RMF As of August 31, 2017 Bank of deposit United Overseas Bank (Thai) Pcl.
UOB Smart Value RMF
Credit ratings by international institution
Credit ratings by domestic institution
Baa1 (Moody)
AAA (Fitch)
11
List of Soft Commission No.
Brokerage
Soft Commission
Reason for receiving
-
- None -
-
-
UOB Smart Value RMF
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List of Connected Person with transaction For the Period of September 1, 2016 to August 31, 2017 List of Connected Persons who had transactions with Fund –None -
Remark : The investors can verify the Connected Persons’ transactions of fund directly at UOB Asset Management (Thailand) Co., Ltd. or through the website of the Company (www.uobam.co.th) or The Securities and Exchange Commission (www.sec.or.th)
UOB Smart Value RMF
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Report on non-compliance of investment limit UOB Smart Value RMF For the Period of September 1, 2016 to August 31, 2017 Date
Fund Name
Ratio at the end of the day (%NAV)
Ratios of the project (%NAV)
cause
performance
-
-None-
-
-
-
-
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Voting right and voting right exercising Investors should examine guidance on voting right and voting right exercising via Asset Management Website : http://www.uobam.co.th
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Information on the exceeding of 1/3 unit holding UOB Smart Value RMF As of August 31, 2017
--None-Remark : The investor can verify the information on the exceeding of 1/3 unit holding through the website of the company (www.uobam.co.th)
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The amendment to the commitment UOB Smart Value RMF For the Period of September 1, 2016 to August 31, 2017 Revised matter The rights duties and responsibilities of the unit holders.
UOB Smart Value RMF
Reason for the amendment According to S.E.C. Announcement Sor. Nor. 9/2560
approval date
Effective date
May 12, 2017
May 16, 2017
17
UOB Asset Management (Thailand) Co.,Ltd. 23A, 25 Floor, Asia Centre Building, 173/27-30, 32-33 South Sathon Road, Thungmahamek, Sathon, Bangkok 10120, Thailand www.uobam.co.th
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UOB Smart Value RMF