Future Park Property Fund

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Future Park Property Fund (FUTUREPF)

Fund Type	Closed-end Property Fund (Registered in SET)
Investment Policy	To mobilize funds from investors to purchase or lease immovable properties. The Fund will accept the transfer of ownership and/or leasehold rights and derive benefits from the immovable properties, including improving, changing, developing and/or disposing of various properties invested or acquired by the Fund, whether by the granting of a lease and/or sale and/or by other means relevant and necessary to make use of immovable properties in return for income and yields for the Fund and the unitholders.
Appropriate Investor	Investors who are looking for inflation-hedged and stable return from rent.
Inception Date	Nov 23, 2006
Fund Registered Capital	4,733.161 million baht
Fund Unit	473.316 million units
Par Value	10 baht
Dividend Policy	Minimum : twice per year
Fund Maturity	Not Specified
Details of Property	Future Park Rangsit Project including : Leasehold right of certain part of Future Park Rangsit building of approximately 52,573.09 square meters, expiring December 31, 2026 Leasehold right of common area of Future Park Rangsit building totaling 48,190.51 square meters and right on outside wall of the building to seek benefit in term of lease and service, expiring December 31, 2026
Tenant	Retail Shops
Property Manager	Rangsit Plaza Company Limited
Trustee	TMB Bank Public Company Limited
Appraisal Value(beginning)	5,111 million baht (as of August 1, 2006 ) by CB Richard Ellis (Thailand) Co.,Ltd. 4,626 million baht (as of October 1, 2006 ) by American Appraisal (Thailand) Co., Ltd.
Appraisal Value( latest)	4,700 million baht (as of September 30, 2007 by Phasupat Appraisal Co., Ltd.
Fee & Expenses Charged to the Unitholders (% of NAV p.a.)
Front-end Fee	None
Back-end Fee	None
Switching In Fee	None
Switching Out Fee	None
Transfer Fee	Set by Registrar , currently is none
Fee & Expenses Charged to the Funds
Management Fee	Not exceeding 1.0% p.a. of NAV
Trustee Fee	Not exceeding 0.5% p.a. of NAV
Registrar Fee	Not exceeding 0.1% p.a. of NAV
Property Management Fee	Including Property Management Fee not exceeding 0.3% of NAV on last working day of previous month, Rent-Collecting Fee not exceeding 3.0% of Net Rental Revenue, Incentive Fee not exceeding 2.35% of Net Property Income, and Commission for leasing space to tenants
Financial Advisory Fee	Not exceeding 1.0% of Fund raised (IPO)
Underwriting Fee	Not exceeding 3.0% of the underwritten amount
Other Expenses	As actually paid

Disclaimers

An investment in investment units shall not be deemed a deposit of money. There are risks involved in making investments. Investors may receive return which is greater or less in value than that of their initial investment funds. Furthermore, since the Fund’s major gain depends upon property rental, investors are advised to study the property’s information, performance of the property’s management, the nature and conditions of property rental business, as well as all risk factors mentioned in the prospectus.
A fund is a juristic person separate from its management company.Therefore, ING Funds (Thailand) Co., Ltd. is not bound to compensate for a loss sustained by the fund. The performance of the fund does not depened on the financial position or the performance of ING Funds (Thailand) Co., Ltd.
The Fund invests in a leasehold right. The value of a leasehold right may decrease in relation to the remaining lease term which shortens as time passes. Consequently, the value of investment units of the Fund may decrease proportionally and could reach zero value at the end of the term of the leasehold right invested in by the Fund. In addition, the Fund does not reserve capital for repayment of investment funds to unitholders upon the termination of the Fund. Nonetheless, unitholders shall receive return on their investment by means of the Management Company repaying part or all of the investment funds to unitholders in the forms of dividend payment or a decrease in the Fund’s registered capital prior to the termination of the Fund.
Past performance of the fund does not insist future performance.
Investment in funds is subject to investment risks. Any potential investors should diligently study and peruse all information contained in the prospectus prior to their purchase of investment units and should also keep such information as future reference. Should the potential investors require any additional information, they may request the prospectus from the Management Company.
The Company reserves the right to amend, modify or change any information on this website without advance notice.