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TMB GLOBAL BOND FUND RETIREMENT MUTUAL FUND

TMBGRMF Fixed Income Fund

Fund investing primarily offshore with foreign investment related risks

FACTSHEET

TMBAM Asset Management Co., Ltd. Which certified by CAC

support PVD transfers

28 February 2020

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1.1 Investment Policy TMB Global Bond RMF (the feeder fund) will mainly invest in PIMCO GIS Global Bond Fund (the master fund),not less than 80% of net asset values per annum. The other part will invest in on-shore or off-shore short-term instruments subjected to SEC regulation Investors can view more Master Fund Information at www.pimco.com.sg

1.2 Management Style

1.TMB Global Bond Fund Retirement Mutual Fund aims to achieve return reflecting

the performance of the master fund. (passive management)

2.Pimco GIS Global Bond Fund (master fund) applies an acive management

strategy.

1.The Fund is suitable for investors who want retirement saving and be able to comply

with specific conditions of RMF to gain tax benefits

2.Investors who prefer to diversify investment in foreign countries and can take risk

from investment in foreign short-term fixed income instrument

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• Investor who need to use money in short-term period

• Investor who can not take a risk from principle reducing

• Investors who prefer to invest only in high quality, high liquidity and low price

fluctuation of debt instruments.

For further clarification on this investment policy and potential risks, what should you do?

Read the full prospectus or seek advice from the management company or its appointed selling agents.

Do not invest without sufficient understanding on the characteristics and risks of this Fund.

Warnings & Recommendation

1.Unit trusts of these Retirement Mutual Fund are unable to be sold,

distributed,transferred, pledged or used as securities

2.The unitholders of Retirement Mutual Fund, if fail to comply with conditions of

investment, will not receive tax benefits and will be forced to reinstate the tax

benefits previously received and tax surcharge under the Revenue Code.

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3.Investors should study information on investment in RMF and request more

information and tax guideline from the Management Company or the appointed

selling agents

4.TMBAM has an objective not to offer its fund units to or for the benefit of

1) citizens of the USA or residents of the USA [including the territories of or

occupied / controlled by the USA including those who hold US passports or

greencards,2) Legal entities organized under the US law including

company,Limited Partnership, etc, as well as the branch of such entities,

3) organizations belonging to the US Government in the USA and outside the

USA,4) investors who contact or receive information or place order related to

TMBAM's fund or pay/receive payment with respect to TMBAM's fund in the USA.

This also includes investors who use the agent/manager in the USA to perform such

functions, and 5) the assets (such as private fund/trust) of the aforesaid persons or

legal entities in 1-4. As such, TMBAM reserve its right to deny or restrain

subscription,allocation and/or transfer its fund unit for the above-mentioned

investors,whether directly or indirectly.

5. In the event that the Management Company has entered into an obligation or

agreement with a foreign state and/or the government of a foreign state or if it is

required to comply with a law or a regulation of a foreign state regard-less of the

effective date of such obligation (e.g. the United States Foreign Account Tax

Compliance Act (FATCA)), the Unitholder(s) acknowledge and agree that the

Management Company may act or perform its obligation according to the relevant

law and/or regulation to which the Management Company is subject,including but

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not limited to disclosing information of the Unitholder(s) or with holding and

withholdable payment payable to the Unitholder(s),and may act or perform any

other action necessary for complying such relevant Thai and foreign law and/or

regulation to which the Management Company is subject,and shall provide any

information,document, and consent to Management Company upon request in

performing such duty.

*For further information at www.tmbameastspring.com

market risk

standard deviation : SD

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Market Risk means the risk that the values of securities which the Fund has invested

may increase or decrease due to outside factors such as economic/ investment

situations, political factors both internally and internationally which could be

considered from the Standard Deviation (SD) of the Fund. If the Fund has a high

SD, it is an indicator that the Fund has high a fluctuation from the changes in the

prices of securities.

exchange rate risk

Currency Risk is the possibility that changes in exchange rate will affect the value of

investment units. For example, if a mutual fund invests in securities denominated in

US Dollar during Thai Baht depreciation and the units are subsequently sold when

Thai Baht appreciates, the mutual fund will receive lower return in Thai Baht. On the

other hand, if the same fund invests in securities denominated in US Dollar during

Thai Baht appreciation and the units are subsequently sold when Thai Baht

depreciates, the mutual

fund will receive higher return in Thai Baht. Therefore, currency hedging techniques

as follows are key tools to manage such risk.

• Hedging at discretion of the fund manager: Investors may be exposed to currency

risk because it is the discretion of the fund manager whether to use a currency

hedging technique.

* For further information at www.tmbameastspring.com

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date as of 28 February 2020

Master Fund Information as of 31 January 2020

Fixed Income Unit Trusts103.73

Savings Deposit1.42

Other Assets-3.73

Other Liabilities-1.42

Government Related56.00

Inflation Linked4.00

Securitized14.00

Covered Bonds & Pfandbriefe

7.00Investment Grade

Credit4.00

High Yield Credit1.00

EM External4.00

EM Local7.00

Other1.00

Net Other Short Duration Instruments

1.00

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NAME % Of NAV

Pimco-GIS-Global Bond-Ins Acc 103.73

Information as of 28 February 2020

1.6050

0.0321 0.1605 0.0000

1.7976

Maximum not exceed1.7120

Maximum not exceed0.1070

Maximum not exceed0.2140 Maximum not exceed

0.0535

Maximum not exceed2.0865

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

4.50

Management fee Trustee fee Registrar fee Other Total

Act

ual

Fee

s%

p.a

. of

NA

V

Fees Charged to the Fund

* Fees affect the return on investment, investors should consider such fees before making an investment decision *

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More explanation : 1. Fees charged to the fund (As % per annum of total asset value deducted by total liabilities except for Management fee, Trustee Fee and Registrar Fee) (including VAT) 2. Any other expenses are an expectable expenses 3.Historical fee charged for the past 3 years can be found at www.tmbameastspring.com

Details Maximum Charge Actual Charge

Front-end Fee / Switching in Fee None None Back-end Fee / Switching out Fee None None Spread 0.75% 0.10%

Remark : All above mentioned fees are inclusive of Value Added Tax or Specific Business Tax or other taxes. More explanation : The spread collected from investors who execute transactions shall be collected upon subscription redemption or switching of investment units only. Such proceeds shall be totally transmitted to the Fund for use as payment for securities trading such as brokerage fees, value added tax, etc., which are chargeable to the Fund during the process of securities dealing.

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• Maximum drawdown of the investment in the last five years : -13.14 • Standard deviation of the fund performance : 5.22 • Fund category based on peer group fund performance : Global Bond Discretionary F/X Hedge or Unhedge

2562 2561 2560 2559 2558 2557 2556 2555

FUND 5.22% -1.98% 2.31% -2.48% -2.86% 1.46% 2.41% 15.96%

Bloomberg Barclays Global-Aggregate Total ReturnIndex Value Hedged USD (USD)

8.33% 1.65% 3.04% 7.55% -2.76% 0.95% -4.81% 1.51%

Bloomberg Barclays Global-Aggregate Total ReturnIndex Value Hedged USD (THAI)

-0.08% 1.55% -6.27% 6.95% 6.51% 1.03% 2.19% -1.59%

-10.00%

-5.00%

0.00%

5.00%

10.00%

15.00%

20.00%

% p

.a. o

f N

AV

Calendar year performance

*Past performance is not a guarantee of future performance*

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FUND Year to

date

3 Months

Percentile 6

Months Percentile 1 Year Percentile

3 Years

Percentile 5

Years Percentile

Since inception

FUND 2.30% 2.35% 50th 0.90% 75th 6.36% 50th 2.41% 75th 0.36% 50th 1.99%

Benchmark 8.55% 7.60% 5th 5.50% 5th 10.50% 5th 1.80% 75th 3.89% 5th 3.22%

Standard Deviation (FUND)

2.15% 2.51% 50th 2.77% 75th 2.53% 50th 1.98% 5th 5.22% 95th 5.64%

Standard Deviation

(Benchmark) 5.96% 41.54% 95th 29.13% 95th 20.97% 95th 12.59% 95th 10.73% 95th 9.04%

Remark : All periods longer than one year are annualized. date as of 28 February 2020 Investors can view the current information at www.tmbameastspring.com Peer group fund performance : Global Bond Discretionary F/X Hedge or Unhedge Date as of 28 February 2020

Return (%) Standard Deviation (%)

Peer Percentile 3M 6M 1Y 3Y 5Y 10Y 3M 6M 1Y 3Y 5Y 10Y

5th Percentile 4.05 3.89 9.01 3.22 2.21 2.96 1.77 1.58 1.51 1.98 3.19 4.43

25th Percentile 2.49 2.13 6.93 2.84 0.90 1.65 2.06 1.75 1.82 2.07 4.32 5.48

50th Percentile 1.76 1.78 5.43 2.65 0.36 0.01 2.60 2.76 2.88 2.32 4.45 6.79

75th Percentile 4.05 3.89 9.01 3.22 2.21 2.96 1.77 1.58 1.51 1.98 3.19 4.43

95th Percentile -0.23 -0.35 -3.08 -2.70 -2.58 -1.82 5.35 4.24 4.82 6.03 6.14 8.38

Year to date 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years Since inception

Share Class 2.35% 2.65% 1.86% 9.08% 5.09% 1.82% 3.64% 6.24%

Benchmark 3.02% 2.84% 2.07% 10.22% 5.18% 4.35% 3.09%

Master Fund Performance

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2019 2018 2017 2016 2015 2014 2013 2012 2011 2010

Share Class 8.53% 0.88% 4.57% -0.69% -5.05% 1.77% 1.95% 16.48% -2.41% 12.26%

Benchmark 8.33% 1.65% 3.04% 7.55% -2.76% 0.95% -4.81% 1.51% 8.10%

Information as of 28 February 2020 View current performance at www.tmbameastspring.com The Fund’s Benchmark Bloomberg Barclays Global-Aggregate Total Return Index Value Hedged USD adjusted by USD/THB exchange rate, as of the NAV calculation date

Dividend policy : None

Trustee : Kasikornbank Plc.

Registration Date : 7 February 2011

Fund Maturity : indefinite Subscription and Redemption Subscription Date : every working day Within : 8.30 hrs. To : 15.30 hrs. IPO (Baht) : 10 Baht Minimum Initial Subscription : 1 Baht Minimum Subsequent Subscription : 1 Baht Redemption Date : every working day Within : 8.30 hrs. To : 15.30 hrs.

Master Fund Calendar year Performance

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Settlement Period : currently T*+3 business days (working day of both countries)

Investors can view daily NAV at website : www.tmbameastspring.com Portfolio Turnover Ratio 3.51 % Subscription or Redemption Supporting Agents

Bank of TMB PCL.(All branches) Tel. 0-2299-1111 or the appointed selling agents. Investors can Find more information at www.tmbameastspring.com

Fund Manager : Ms. Pornsajee Worasuttipisit Start Date 1 July 2016

Enquiry for Prospectus/ Complaints :

TMB Asset Management Co., Ltd. 32nd Fl. Abdulrahim Place 990 Rama IV Rd., Silom, Bangrak, Bangkok 10500 Tel : 0-2838-1800 website : www.tmbameastspring.com

citizens of the USA or residents of the USA

No

Potential conflict of interest Company shall refrain from any transactions pertaining conflict of interests and related party. Find more information at www.tmbameastspring.com

Other Information 2.Master Fund Details Master fund name : PIMCO GIS Global Bond Fund Asset Class : Fixed Income Class : I Master fund policy:The Fund invests at least two-thirds of its assets in a diversified portfolio of Fixed Income Instruments denominated in major world currencies.The average portfolio duration of this Fund will normally vary within three years (plus or minus) of the Bloomberg Barclays Global Aggregate Index.The Fund invests primarily in

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invest-ment grade Fixed Income Instruments.But in some cases it can be invested in below investment grade. Inception Date : 03/12/1998 Asset manager : PIMCO Global Advisors (Ireland) Limited Custodian : State Street Custodial Services (Ireland) Limited Bloomberg Code : PIMGBAI:ID Management Fee : 0.49% of NAV

Investing in Investment Units is not a money deposit and is not under the protections

of the Deposit Protection Agency. Therefore, investment in Mutual Fund involves risk including possible loss of the principal amount invested.

The fund is approved by The office of the SEC.

The draft prospectus for This Fund does not indicate that The office of the SEC has certified the accuracy of the information contained in the prospectus nor guaranteed the price or return on investment for such fund. The Management Company has reviewed the information in this summary prospectus as at 2 8 February 2 0 2 0 with professional care as the party responsible for the management of the fund and certifies that the above information is correct, true and not misleading.