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Date/Time
13 Jan 2022 19:15:00
Headline
SET News :SET jointly with UOBAM Thailand launches UHERO, Thailand's 1st Thematic ETF
Symbol
SET
Source
SET
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            SET News 2/2022
                                                                                
             January 13, 2022

SET jointly with UOBAM Thailand launches UHERO, Thailand's 1st Thematic ETF

BANGKOK, January 13, 2022 - The Stock Exchange of Thailand (SET) joining hands 
with UOB Asset Management (Thailand) Co., Ltd. (UOBAM Thailand) to launch
Thailand's first thematic exchange traded fund (ETF): The United Hero ETF
(UHERO). The Games and Esports-oriented ETF will make a public offering during
January 17-21 and listed on SET in early February 2022.

SET President Pakorn Peetathawatchai said that SET has prioritized ETF 
development to be a tool for investors to conveniently diversify their
investment abroad. ETF is increasingly gaining popularity over the global market
due to its diverse underlying asset universe and its low cost, making it as an
effective asset allocation. The assets under management (AUM) of ETFs across the
 world rose to USD 910 billion in mid-2021.

"SET has enhanced the continuous development of ETFs in Thailand by encouraging 
variety of underlying asset class of ETFs, expanding trading channels to
facilitate investors, and providing knowledge for better understanding in ETF
investment. SET together with UOBAM has recently developed UHERO, which is the
thematic ETF to enable investors to capitalize on megatrend of Games and Esports
business growth. The ETF will be listed on SET in early February," Pakorn
added.

UOBAM (Thailand) Chief Executive Officer Vana Bulbon said UHERO, Thailand's 
first thematic ETF, gives investors an opportunity to participate in the growth
of the gaming and Esports industry which are leisure activities that play a role
in today's living amid the COVID-19 pandemic. The video game industry and
Esports business grew more than 20 percent and over 15 percent, respectively in
2020 (according to New zoo, Global X). UOBAM Thailand believes that the growth
trend will continue in the long term. The ETF has risk level at 6, focusing on
investing in an overseas fund, Global X Video Games & Esports ETF (master fund),
which tracks the Solactive Video Games & Esports Index constituting 30-40
gaming and Esports companies.

"UHERO is a major step to respond to SET's policy to widen investment 
opportunity for Thai investors by providing them with accessibility to
internationally-focused ETFs, while reinforcing UOBAM Thailand's investment
expertise in the country and success in innovative investment development. The
fund is carefully selected through a rigorous analytics and selection process by
the investment experts from UOBAM and their global strategic investment
partners," Vana added.

For general information on Thematic ETF, please visit www.setinvestnow.com/ETF ,
and for additional information, please contact designated selling agents or
visit www.uobam.co.th or call at tel. 0-2786-2222.

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