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14 Aug 2015 18:33:00
SET News :Thai bourse and AIMC holds the Mutual Fund Fair from Aug 14-15
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    SET News 84/2015
    August 14, 2015

Thai bourse and AIMC holds the Mutual Fund Fair from Aug 14-15

BANGKOK, August 14, 2015 - The Stock Exchange of Thailand (SET) continues to 
promote mutual fund investment among investors, through its cooperation with the
Association of Investment Management Companies (AIMC), in the "Mutual Fund
Fair" event, during August 14-15 at SET's building, encouraging Thais to
gradually buy long-term equity funds (LTF) and retirement mutual funds (RMF)

The event focuses on investing in equity funds generating long-term higher 
returns, proven by an average return of equity funds in the past five years at
13 percent with the high-record return of 21 percent during the period.

SET President Kesara Manchusree said the recent statistics has found that 
long-term equities investment generated the highest return comparing with other
asset investments.  Managed by professional fund managers and various
alternatives available, including the equity funds invested in SET50, SET100 and
mai, as well as by sector such as Energy or Banking sectors, nowadays
Thailand's equity funds have gained increasing popularity among investors,
especially beginners.

"It should be timely for investors to gradually buy the LTF and RMF units for 
long-term returns to cope with the current slowdown of the Thai bourse,
considering from prime performance of the Thai listed firms in H1/2015,
promising growth of potential stocks and positive views towards long-term
investment in the Thai market from domestic and foreign institutional
investors," added Kesara.

AIMC Chairperson Vorawan Tarapoom said, "Investors have become increasingly 
familiar with mutual funds as it has been designed and developed to be effective
investment tools not only for liquidity management, but also as reserved money
for emergency plan or for other purposes such as for retirement.

Significantly, both Thai and foreign equity funds have gained increasing 
popularity among investors, the number of unit holders has increased
continuously, rising more than 20 percent per year in the past five years.
Besides, an average return on Thai equity fund was at 13 percent and reached as
high as 21 percent in the past five years, while LTF and RMF equities fund
generated 11 percent average returns and reached as high as 17 percent."

As of July, 31 2015, the net asset value (NAV) of mutual fund in Thailand was 
THB 4.09 trillion (approx. USD 120.6 billion). Meanwhile, the number of mutual
fund accounts has continuously increased to 4,378,931 accounts, as of June 2015,
resulting from the success of mutual fund industry as a whole and mutual fund
education through "Let your money work through mutual funds" campaign led by SET
 and AIMC, Vorawan said.

The event, under the "Let your money work through equity funds" and "Buy now 
LTF" concepts, this year showcases more than 1,500 funds from 15 leading asset
management companies. It provides consultation from asset management companies
with intensive seminars featuring investment techniques, inclusive of portfolio
management and tax-incentive calculation tips from fund experts. For more
information, please contact,  or call S-E-T Contact
Center: 0 2229 2222

SET "Towards the 5th Decade of Sustainable Wealth for Thais"