What will you invest in? This mutual fund is suitable for whom? Ratios of invested properties. Additional information

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1 Form Information as of 26 July 2017 FACT SHEET Bangkok Capital Asset Management Joined the fight against corruption: certified by CAC BCAP SET100 ETF Open-end Fund BSET100 Equity Fund Exchange Traded Fund: ETF Investment with no foreign risks What will you invest in? This mutual fund is suitable for whom? What are the issues that you must be aware of? Ratios of invested properties Fees Past performance Additional information An investment in a mutual fund is not a deposit. 1

2 WHAT WILL YOU INVEST IN? The fund's investment policies are to invest in securities or derivatives that have the securities that are components of SET100 Total Return Index as underlying assets, including the securities being added or deleted from such index, in the average amount of 80 percent of its net asset value for each accounting year. The fund may consider to select either full replication or optimization as its investment strategy so that the fund will be able to provide rate of return close to that of SET100 Total Return Index. The fund's investment strategy is passive management/index tracking. FOR WHOM IS THIS MUTUAL FUND SUITABLE? - Investors who expect to receive rate of return close to that of SET100 Total Return Index and are able to accept the fluctuation of stock prices that the fund will invest in, which may rise or fall to the amount lower than their initial investment amount and may incur losses. - Investors who are able to invest under a medium to long term basis and expect to receive long-term returns more beneficial than investment in debt instruments. For whom is this mutual fund unsuitable? Investors who focus on fixed returns or wish to save their full principal amount. What should I do if I do not understand the fund's policies and risks? - Study the full version of the fund's prospectus or inquire selling agents or the Management Company. - DO NOT make any investment if you do not sufficiently understand the fund's feature and risks. 2

3 WHAT ARE THE ISSUES THAT YOU MUST BE AWARE OF? Critical warnings - The fund may enter into derivatives so that the fund will be able to provide rate of return close to that of its underlying index. As a result, the fund's risks are higher than mutual funds that directly invest in underlying securities because the fund uses a lower investment amount,so it provides higher profits or losses than direct investment in underlying securities. - The fund's objectives are to provide investment s rate of return close to that of its underlying index. The fund will try to maintain the fund's standard deviation of rate of return (before fees and expenses), when compared with the underlying index s (tracking error), at the rate of not exceeding 3.00 percent per annum. However, in the event it is necessary or the condition of the market does not favor, the fund may not be able to maintain such rate. Chart indicating the fund's risks Moderate to High Low to Moderate High risk Low Low 8 Potential Loss of Principal Very High High Important risk factors Risks associated with securities prices deviation Standard Deviation (SD) < 5% 5-10% 10-15% 15-25% > 25% Low Focused group of stock High general Low * You may obtain more information at large cap mid/small sector High 3

4 FEES *Fees have effects on the returns you will receive. Therefore, you should consider the fees charged prior to your investment.* Fees charged to the mutual fund (% per annum of NAV) Fees charged from the mutual fund 3.50 Not Exceeding 3.21 Fees charged to unitholders (% of the trading value) Not Exceeding Not Exceeding Management Fee Not Exceeding Not Exceeding Trustee Fee Registrar Fee Others Expenses Total expenses Fees charged to unitholders (% of the trading value) Item Not exceeding Actual charge Subscription fee 1.07% Redemption fee 1.07% Transfer fee As charged by the fund registrar Switching-in fee Switching-out fee Remark: The above fees include VAT, special business tax, and other taxes. 4

5 PAST PERFORMANCE *Past performance does not guarantee the performance in the future.* Benchmark Index is 100 percent of SET100 Total Return Index (SET100 TRI). Standard deviation is n/a percent per annum. Tracking error (TE) is n/a percent per annum. Type of mutual funds to be benchmarked for the fund's performance at the sale point is Equity Large Cap *You may check current information at OTHER INFORMATION Dividend policy : Consideration whether to pay dividends will be as the Management Company deems appropriate. Trustee : Kasikornbank PCL Registration date : Project term : Not specified. Unit subscription and redemption : Subscription period: Subscription dates during IPO: 28 August - 3 September 2017; 8: and 4 September 2017; until 12:00 Subscription dates after IPO: - The Management Company will offer investment units only to participant dealers. Subscription orders can be made every business day and hour of the Stock Exchange of Thailand. - Investors may make a subscription order through the participant dealers by delivering their securities according to portfolio depository file. Prices, terms, and methods shall be specified by the participant dealers for the investors. - Investors and participant dealers may buy investment units through the Stock Exchange of Thailand by complying with the Stock Exchange of Thailand's rules and practices. 5

6 OTHER INFORMATION Minimum value of initial subscription order : Baht 20,000 and an multiple of Baht 1,000. Minimum value of subsequent subscription order : Not specified. Minimum investment units of subsequent subscription order : For participant dealers: one creation unit (CU) and an multiple of one creation unit. Redemption period : - The Management Company will receive investment units redeemed only for participant dealers. Participant dealers may make a redemption order every business day and hour of the Stock Exchange of Thailand. - Investors may make a redemption order through the participant dealers by receiving their securities according to portfolio depository file according to the procedures and methods of redemption as specified by the participant dealers. - Investors and participant dealers may sell investment units through the Stock Exchange of Thailand by complying with the Stock Exchange of Thailand's rules and practices. Minimum value of redemption order : Not specified. Minimum investment units of redemption orders : For participant dealers: one creation unit (CU) and an multiple of one creation unit. Period of redemption payment : Participant dealers will be refunded from a redemption within five business days from the date following the date that the redemption order is made. The Management Company will refund in a portfolio depository file according to the ratio and details of the securities as determined by the Management Company. Please check the daily asset value at 6

7 OTHER INFORMATION Fund managers : Name list Commencement date of fund management Mr. Woraphot Khunaprasit Registration date Mr. Kawin Luthanachol Registration date Portfolio turnover ratio: Selling agents : Bangkok Bank Public Company Limited and Bualuang Securities Public Company Limited. For more information : Bangkok Capital Asset Management To obtain a prospectus Address : rd floor Zone C, Silom Complex Building, Silom Road, Complaints Silom Sub-district, Bangrak District, Bangkok Telephone: , website: Transactions that may cause You may check any transactions that may cause conflicts of interest conflicts of interest : at - An investment in investment units is neither a deposit or under the protection of the Deposit Protection Agency, and is subject to investment risks that investors may not receive their investment in full. - The fund was approved and is under the SEC Office's supervision. - Consideration of the draft prospectus in offering the fund's investment units does not indicate that the SEC Office has confirmed the accuracy of the information contained in the fund's prospectus or guaranteed the price or returns of investment units offered. The Management Company has reviewed the information contained in this factsheet on 26 July 2017 with diligence as the responsible person for managing a mutual fund and hereby confirms that such information is not false and misleading. 7

8 ADDITIONAL INFORMATION - Risks associated with the deviation of investment units (market risk) mean risks on which the asset value invested by a mutual fund may increase or decrease due to external factors such as economic investment conditions, political factors both locally and in foreign countries. Due to this fund's objective is to provide returns as close as its underlying index, the fund is unable to eliminate market risks. For example, if SET Index declines, the prices of the securities that the fund invests in will consequently drop. It can also be considered from the fund's standard deviation. If the fund has a high standard deviation, it can be viewed that the fund has a high deviation of securities prices. - Risks associated with issuers' performance (business risk) mean risks incurred by a change of price of each securities listed on the Stock Exchange of Thailand due to a financial status or performance of the issuer company itself. In managing this business risk, the fund will spread out its investment in ordinary listed stock which is a component of SET100 Total Return Index and determine an appropriate investment ratio so that it can provide returns in the amount close to SET100 Total Return Index, and regularly and continuously follow up and analyze factors that may affect securities prices. - Risks associated with lack of liquidity of an instrument (liquidity risk) mean risks incurred by the situation where investors cannot purchase or sell their securities within a time or price as they wish due to the limited opportunitie to purchase or sell securities. However, since BCAP SET100 ETF Open-end Fund is an ETF traded on the Stock Exchange of Thailand, its investment units can be traded every working day at the minimum investment of both buying and selling of 100 investment units, and has a market maker performing duties on offering and bidding investment units in a secondary market. Therefore, investors can buy and sell at all times, and liquidity risks would be very low. However, if unusual circumstances occur which are not under the market maker's control and the market maker is unable to perform his duties, these circumstances may consequently decrease the liquidity of the investment units. In addition, in the event that participant dealers are disqualified or resign from their position, this may affect the liquidity of the investment units, as well. - Risks associated with derivatives mean risks on which the prices of derivatives change due to the deviation of the prices of underlying assets which may arise from any factors such as interest rates, exchange rates, and other relevant economic factors. - Risks that the fund's returns are not consistent with its benchmark index's returns (tracking error risk) mean risks incurred by the situation where the fund is unable to provide the amount return as its benchmark which may be caused by the fund's expenses, capability to own assets consistent with the benchmark index's ratio, and the trading liquidity of underlying assets. - Trading price risks and risks associated with the fund's NAV per unit are different because BCAP SET100 ETF Open-end Fund is a fund traded on the Stock Exchange of Thailand. As a result, the fund will have two prices, a trading price of an ETF listed on the Stock Exchange of Thailand, and the fund's NAV per unit which will depend on the value of securities that the fund invests in; whereas, a trading price of an ETF listed on the Stock Exchange of Thailand will depend on other factors such as the demand and supply of investment units on the Stock Exchange of Thailand at that time. Therefore, there are risks that investors may have when they buy or sell an ETF at the higher or lower value than the fund's NAV per unit. 8