• Who is the responsible body regulating mutual fund companies in Thailand?

    Thailand Securities and Exchange Commission (SEC) is the regulator of the mutual fund companies.
    Tel : 66-2263-6000

  • What is a mutual fund?

    Mutual funds are one form of collective investment which provide investors with a simple and economical way to invest in the stock or the bond markets and have access to professional investment management. There is nothing complicated about the way the funds operate. Investors pool their money in a fund which is run by professional managers who invest the cash in a wide selection of stocks or bonds. Investors' contributions to the pool are divided into units and the value of each unit reflects the value of the shares of the companies in which the fund has invested. When new investors put money into the fund more units are issued, and added to the fund.

  • What are the major advantages of investing in mutual funds?

    Investing in the stock or the bond markets through mutual funds has four major advantages over organizing a personal portfolio of shares or bonds.

    1. Spread of risks: Investors can secure a much wider spread of risk than most could manage to achieve out of their own resources. To take an extreme example, if you put all your money into one company, and this goes bust, you risk losing everything. A general mutual fund, in contrast, cannot invest more than 15% of its money in any one share. Most funds divide investors' cash between 20 to 30 shares.
    2. Professional investment management: Investors buy professional investment at a reasonable cost. Decisions about which company or industry to back, and when to buy or sell shares or whether to accept a rights issue, are taken by managers who have access to detailed research from a large number of stock brokers and possibly from their own research.
    3. Paper work reduction: The paper work of managing an individual portfolio of shares and keeping adequate records is greatly reduced.
    4. Tax saving: All kinds of incomes (dividend, capital gains or interest) received by mutual funds in Thailand are tax exempted. Individual investors who choose to sell their funds with capital gain shall also gain the full tax privilege while the institutional investors who invest in funds which pay dividend may gain 50-100% tax saving depending on types of the investors.

  • What is the Retirement Mutual Fund?

    To ensure that we shall have secured retirement in our old age, the government allows Asset Management Companies to establish "Retirement Mutual Fund (RMF)" as a vehicle for investors to regularly and voluntarily invest for their retirements. Investing in RMF, the investors shall not only access to stock and bond markets with professional management, but also enjoy several tax benefits as follows; Firstly, at the fund level, all incomes from investment of the fund are tax exempted. Secondly, the individual investors can use their annual purchases of the fund as a tax deduction. The tax allowance is as high as 15% of the annual income but must not be over Baht 500,000. If you have your provident fund, the purchase of RMF and your contributions in your provident fund must not exceed Baht 500,000. Thirdly, the investors can redeem all or part of their funds in RMF with full tax exemption if they sell the fund after 55 years old and regularly invest in the fund for not less than 5 years.

  • What kind of incomes shall be deducted?

    Income could be deducted are as following..

    1. Salary, Bonus, Per Diem, or Pension Earnings.
    2. Service Fee
    3. Copyright Fee
    4. Professional Fees, for example, doctor fee, lawyer fee, auditor fee, etc.
    5. Incomes from real estate construction.
    6. Incomes from operating commercial, agricultural, industrial, or transportation business.

  • Who should invest in RMF?

    Person who should invest in RMF:

    1. Self-employed or employees without provident fund.
    2. Employees who have provident funds, but would like to use RMF as top-ups to maximize tax benefits.
    3. Service Servants who have government pension funds, but would like to use RMF as top-ups to maximize tax benefits.

  • Are there any terms and conditions for RMF investors?

    Yes, since the fund is considered as retirement contractual savings, In order to be entitled to tax benefits, the investor must meet the following requirement.

    1. The investors must not sell the units before 55 years of age and must invest in the fund for at least 5 years.
    2. The investors must consistently invest in the RMF at least every year.
    3. The investors must invest at least 3% of their annual incomes or Baht 5,000, whichever is lower.
    4. The RMF cannot be pledged.
    5. The investors must return the tax allowance for the past 5 years to the Revenue Department if they cannot follow the above conditions.
    6. The investors must pay the capital gain tax on the profit from sales of their units if they sell them before 55 years of age or invest in the fund for less than 5 years.

  • What is NAV, how does it be calculated?

    NAV (Net Asset Value) is the net asset value or total values of all financial instruments that the mutual fund 's portfolio invested in, the value would be calculated from the closing price of end of the day or by" mark to market " method in case there is no defined closing price for any financial instrument. The daily NAV per unit (total net asset value divided by total unit of investment) will be calculated and be announced through the public to inform unit holders about their present fund's value.

  • Does the size of NAV per unit matter our decision?

    The small NAV per unit does not mean we can save cost of our investment, the significant issue is the potential growth of the fund that we select, so, the NAV per unit is does not matter than its potential to grow.

  • What is the difference between the mutual fund with dividend policy and mutual fund that is not intended to pay dividend?

    The benefit that investor will receive is different along each fund's investment policy. For investors who invest in the fund with dividend policy, they would gain benefit in term of certain income, that is, the dividend that would be paid their dividend periodically or when the fund have satisfying performance. On the other hand, the fund without dividend policy will be rewarded in term of accumulated growth, meaning that the capital gain from investment will be reinvested and generate greater yield afterward.

  • What is the management fee?

    According to the fact that it has to be some real expenses incur during managing the fund portfolio, the percentage of management fee will be fixed and declared to the investors in the prospectus, and calculated by deducted from the fund performance.

  • What is the key benefits of Private Fund?

    The main benefits of private fund are as follows:

    1. Tailor-made Investment Policy; We will manage the fund in accordance with the tailor made investment policy deriving from the risk/return profile of individual customer. The customer can also get involve in setting his own invest limit or guideline with the help of our experienced fund manager.
    2. Professional management Services; Your money shall be managed by the team of professional fund managers with a long-term experience in asset management.
    3. First Class Services; Since you are one of the most important customers, your account officer is ready for servicing you by providing key information about your investment, market movement, as well as the portfolio report any time you want.

  • Who will keep my Private Fund assets?

    By law, we need to appoint a custodian to keep all of your assets separate from our company's assets. When your fund manager buy or sell securities in your portfolio, he will send the transaction information to the custodian and instruct the custodian to pay the money to the counter party against the receipt of the assets and vice versa.

  • How can I track my fund performance?

    On a monthly basis, we will send you the transaction report, portfolio status report, net asset value, fund performance report, and the market outlook.