Mr. Chatchai Saritapirak Deputy Managing Director Investment Management Kasikorn Asset Management Co., Ltd. It was revealed that Kasikorn Asset Management offered an initial public offering (IPO). fundopen k Thai bond 23MA do not sell to retail investors (KTF23MA-BR) Estimated return of 2.25% per annum with a minimum investment of 500,000 baht, which will be offered for sale between 18 – 27 October 2022.
KTF23MA-BR isbond fundThe term of the project has a project life of approximately 1 year and 11 months, has a policy to invest in debt instruments and/or domestic deposits. Through the investment strategy of holding the invested assets until the maturity of the project (Buy and Hold), aiming to pay consistent returns every 6 months through automatic redemption, no more than 2 times a year.
However, the debentures invested by the fund are all leading Thai companies with investment grade credit rating of A or above, with low risk of default. Investments are well managed by skilled fund managers. in parallel with the risk management to be at an appropriate level on a regular basis
The fund is expected to invest in debentures/bills of exchange issued by 6 leading Thai companies in various industries, namely Gulf Energy Development Public Company Limited, Frasers Company. Property (Thailand) Public Company Limited, Land and Houses Public Company Limited, SPCG Public Company Limited, Krungthai Card Public Company Limited and Home Products Company Limited. Center Public Company Limited. The fund is fully hedged once morest interest rate changes.
“The Monetary Policy Committee (MPC) sees the Thai economy to grow by 3.3% this year and is likely to continue to grow until next year at 3.8%, with the main supporting factors coming from tourism and consumption. Monetary policy is still likely to raise interest rates gradually. does not accelerate the implementation of tight policies, which from the above 2 factors Make the picture of investment in Thailand Still interesting. However, the global economy is still highly volatile. And there is a chance that it will enter a recession. Investing in good quality Thai bonds through fixed-term bond funds Therefore, it is a good choice for investors.”
Mr. Chatchai added that the KTF23MA-BR fund is suitable for investors who want to lock in returns. have a clear investment period and is a person with high investment Investors can start investing at least 500,000 baht through App K PLUS, K-My Funds and every branch of Kasikorn Bank. Kasikorn Asset Management will use the automatic redemption proceeds to buy investment units of any one of the two funds, namely K Short-Term Fund (K-TREASURY) or K Short-Term Fixed Income Fund (K-SF). ) to increase the chance of receiving continuous returns
Proofreading….Suree Silawong