United Income Daily Ultra Plus Fund : UIDPLUS Annual Report (For the period of 2016/2017)

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1 United Income Daily Ultra Plus Fund : UIDPLUS Annual Report (For the period of 2016/2017) United Income Daily Ultra Plus Fund 1

2 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 Instrument and the Ranking of credit respective Instruments in the Portfolio 9 Portfolio Turnover Ratio (PTR) 11 Credit rating of the bank or financial institution 12 List of Soft Commission 13 List of Connected Person with transaction 14 Report on non-compliance of investment limit 15 Voting right and voting right exercising 16 Information on the exceeding of 1/3 unit holding 17 Auditor s Report 18 United Income Daily Ultra Plus Fund 2

3 Message from the Company To Unitholders From 30 March 2016 to 28 February 2017, the net asset value of the fund increased by 1.66%, compared with a decrease of 0.36% in the benchmark in Thai Baht term. As of 28 February 2017, fund weightings was CPF (Thailand) Public Co., Ltd bill of exchange 9.82, True Move H Universal Communication Co., Ltd bill of exchange 3.88%, QNB EMTN 3.43% and Bank of Thailand treasury bills 2.59% Asset allocation as at February 28, 2017 Asset %/NAV Deposit P/N B/E issue by Finance Institution Corporate bond Government and Guaranteed by MOF Deposit P/N B/E issue by Non Finance Institution/Aval by Bank Others Assets/liability 0.66 United Income Daily Ultra Plus Fund Return During Mar 30, 2016* Feb 28, 017 Fund 1.66% Benchmark** -0.36% * Inception date ** Benchmark: Zero Rate Return Index (ZRR Index) 6 months (30%), (2) J.P. Morgan Asia Credit Index Non Investment Grade Total Return Index (15%), (3) USD SIBOR 6 months plus Credit Spread of securities with credit rating BBB 6 months (THB) As we have managed United Income Daily Ultra Plus Fundfor a period of one year on February 28, 2017, we would like to inform the net value to unit holder, The fund has a net asset value 32,272,794, Baht in asset value or its earning per unit is at Baht. United Income Daily Ultra Plus Fund 1

4 In this connection, we would like to express our sincere thanks to the trust of all Unitholders has been extended to us for your investment United Income Daily Ultra Plus Fund. Should you have any further question or need more information, You can monitor or follow the announcement the net asset value of the Fund in daily newspaper or the company website. UOB Asset Management (Thailand) Co., Ltd. (Mr. Vana Bulbon) Chief Executive Officer United Income Daily Ultra Plus Fund 2

5 Board of Directors List of Board of Directors and Management Team UOB Asset Management (Thailand) Co., Ltd. 1. Mr. Lee Wai Fai Chairman 2. Mr. Thio Boon Kiat Director 3. Mr. Sanchai Apisaksirikul Director 4. Ms. Piyaporn Ratanaprasartporn Director 5. Mr. Vana Bulbon Director and CEO Management Team 1. Mr. Vana Bulbon Chief Executive Officer 2. Mrs. Sunaree Piboonsakkul Senior Director (Operation Division) 3. Mr. Jerdphan Nithayayon Senior Director (Investment Division) 4. Ms. Rachada Tangharat Senior Director (Business Development Division) Office Location UOB Asset Management (Thailand) Co., Ltd. 23A, 25 Floor, Asia Centre Building, 173/27-30, South Sathon Road, Thungmahamek, Sathon, Bangkok 10120, Thailand Tel : Fax : United Income Daily Ultra Plus Fund 3

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7 United Income Daily Ultra Plus Fund Name List of Fund Manager For the period of March 30, 2016 To February 28, 2017 No. Name List of Fund Manager 1 Mr.Verayuth Halilamien* 2 Mrs.Pungpis Chularojmontri 3 Ms.Anchalee Ngamwutikul* 4 Mr.Jaruwat Preepreamkul* 5 Ms.Linda Ubolriabroy 6 Ms.Chanisda Viranuvatti 7 Ms. Vannachan Ungthavorn* 8 Mr. Eakarat Apiwattanaporn* 9 Mr. Kittiphong Kangwankiattichai* 10 Ms. Ririnda Chalothorn * Fund manager and portfolio manager in derivatives ( if any ) United Income Daily Ultra Plus Fund 5

8 Fund Performance Registration Date Mar 30, 2016 Ending Date of Accounting Period Feb 28, Months between Nov 30, 2016 Feb 28, Months between Aug 31, 2016 Feb 28, 2017 Fund Performance ( % ) Benchmark* ( % ) Since Inception between Mar 30, 2016 Feb 26, 2016 * Total Return of Thai BMA Zero Rate Return (Month Index 30%) J.P. Morgan Asia Credit Index Non Investment Grade Total Return Index 15%, Interest rate Coans between banks for a period of 6 Months In US dollars + the average of the Credit Spread of instruments with credif rating in BBB 6 months during the period of Calculatiun of return 55% adjust by the exchange rate in Thai Baht. - 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. United Income Daily Ultra Plus Fund 6

9 United Income Daily Ultra Plus Fund Total Expenses as called from fund Table From March 30, 2016 To February 28, 2017 Called expenses from fund (Fund's direct expense) Amount Unit : Thousand Percentage of Net Assets Value Management fee 91, Trustee fee 5, Transaction fee - - Registrar fee 13, Advisory fee - - Sale Promotion - IPO - - Sale Promotion - After IPO - - Auditing Fee Other Expenses* Total Expenses ** 110, Remark * Other expense which each items is less than 0.01% of NAV ** Included VAT (if any) and Not included brokerage fee United Income Daily Ultra Plus Fund 7

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14 Portfolio Turnover Ratio (PTR) United Income Daily Ultra Plus Fund For the period of March 30, 2016 To February 28, United Income Daily Ultra Plus Fund 12

15 Bank of deposit Credit rating of the bank or financial institution United Income Daily Ultra Plus Fund As of February 28, 2017 Credit ratings by international institution Credit ratings by domestic institution United Overseas Bank (Thai) Pcl. Baa1 (Moody) AAA (Fitch) United Income Daily Ultra Plus Fund 13

16 List of Soft Commission No. Brokerage Soft Commission Reason for receiving - -None- - - United Income Daily Ultra Plus Fund 14

17 List of Connected Person with transaction For the Period of March 30, 2016 To February 28, 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 ( or The Securities and Exchange Commission ( United Income Daily Ultra Plus Fund 15

18 Report on non-compliance of investment limit United Income Daily Ultra Plus Fund For the Period of March 30, 2016 To February 28, 2017 Date Fund Name Ratio at the end of the day (%NAV) Ratios of the project (%NAV) cause performance -None United Income Daily Ultra Plus Fund 16

19 Voting right and voting right exercising Investors should examine guidance on voting right and voting right exercising via Asset Management Website : United Income Daily Ultra Plus Fund 17

20 Information on the exceeding of 1/3 unit holding United Income Daily Ultra Plus Fund As of February 28, None-- Remark : The investor can verify the information on the exceeding of 1/3 unit holding through the website of the company ( United Income Daily Ultra Plus Fund 18

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38 UOB Asset Management (Thailand) Co.,Ltd. 23A, 25 Floor, Asia Centre Building, 173/27-30, South Sathon Road, Thungmahamek, Sathon, Bangkok 10120, Thailand United Income Daily Ultra Plus Fund 19