KTAM Unveils ‘Thai ESG Fund’, D-day Sale December 8-18

Ms Shwinda Hanratanakul General Director Krungthai Asset Management Public Limited or KTAM She revealed that environmental, social and governance or ESG issues are nowadays becoming more important. Including the problem of being satisfied with living a good life after retirement. It is another pressing problem in Thailand.

Therefore, the Thai Sustainability Mutual Fund or Thai ESG is an alternative to saving and investing to gain tax benefits along with contributing to sustainability. Covering all ESG dimensions, the company has opened for sale the KRUNGTHAI Thailand ESG Fund Group, with the first offering from 8 to 18 December 2023 and open for further investment again from 20 December 2023 onwards.

For KRUNGTHAI Thailand ESG Fund Group, it is a tax advantaged mutual fund. Which invests in Thai stocks and/or Thai debt instruments and conducts its business taking into account environmental, social and governance (ESG) considerations in accordance with criteria set by the Office of the Securities and Exchange Commission (SEC). In addition, information on the sustainability of mutual funds is disclosed in accordance with SRI Fund-related standards, which makes it possible to efficiently manage risks from investment according to asset type in a variety of industries. This type of fund requires a tax deduction of 30% of income, a maximum of 100,000 baht in that tax year, and no minimum purchase amount. There is no need to purchase every year. It must be a long-term investment of at least 8 years per day

As for the KRUNGTHAI Thailand ESG Fund range, there are 3 funds to choose from according to your investment objectives. The risk level that can be accepted includes: 1) Krungthai ESG Grade 70/30 (Thai Sustainability) open-ended fund (KTAG70/30-ThaiESG) (fund risk level 5) with a focus on investing in stocks that have SET ESG ratings Level A and above With an average in the fiscal year of no less than 70% and sustainable debt instruments with an average in the fiscal year of no more than 30% of the net asset value, they are suitable for investors who want to invest in mixed funds. He can accept medium to high risks

2) Krungthai ESG50 (Thai Sustainability) Open-Ended Fund (KTESG50-ThaiESG) (Fund Risk Level 6) focuses on investing in the top 50 large cap stocks in the SET ESG Index and in the KTAM universe, which through KTAM’s ESG analysis together, on average ​​During the financial year at least 80% of the net asset value, ensuring that there will be regular monitoring of both the performance and ESG of the listed companies that have invested. Suitable for investors who want to invest in stock funds. He can accept high risks

and 3) Krungthai ESG Tier 1 (Thai Sustainability) open-ended fund (KTAG-ThaiESG) (fund risk level 6) focused on investing in large-, mid-cap and small-cap stocks with SET ESG ratings Level A or above or that have been approved. Are rated at a level similar to Level A or higher than other organizations or institutions that the SEC recognizes as outstanding in the environment. Or sustainability on average during the fiscal year, at least 80% of net asset value. The fund will focus on proactive management.

Using the primary and secondary investment portfolio strategy by setting investment ratios according to market conditions and economic trends in the main sector. Coupled with the timing of investments based on a short to medium term perspective as an additional part of creating the opportunity to receive returns from the selection of individual stocks by fund managers. Suitable for investors who want to invest in stock funds. It can accept the higher risks of investing in Thai stocks in the ESG group and those who wish to invest in funds managed with Active Management with the aim of achieving returns higher than the benchmark index.

“For environmental, social and corporate governance stocks Growth from the inflow of funds is likely to continue That tends to flow into ESG stocks More and more, the advantages of doing business are becoming increasingly supported by government and collaboration on a global scale. Including the tendency to meet the needs of the new generation well

In addition, the market still tends to give a premium. More, which is reflected in better returns and more importantly a focus on environmental, social and corporate governance (ESG) stocks It also helps to manage risks effectively. Because in the past some stocks have ESG issues Such as events that affect the environment or corruption within the organization, causing stock prices to decrease significantly, which affects investor confidence and the borrowing rate of those companies increases accordingly.

In addition, Thai ESG funds. It also creates stability in the Thai capital market. It is a way to save and obtain tax benefits and, in cooperation with many sectors, we can ensure that investments will be directed towards the goal of carbon neutrality. And net zero I really got it. Ms. Shwenda He says

Those interested can inquire about information and obtain the prospectus every business day at Krungthai Asset Management, Tel. 0-2686-6100, press 9 or Krungthai Bank and the sponsors selling or repurchasing investment units (if any).) or study the details at www. .ktam.co.th Interested in opening an account through the KTAM Smart Trade app at https://bit.ly/KTSTSignIn

Important risk factors for KRUNGTHAI Thailand ESG Fund Group: Risks arising from fluctuations in securities prices. Risks associated with investments that take into account environmental, social and governance performance. Risks arising from the operations of issuers Risks of debt default by the issuer Risks of lack of liquidity in securities Risks of investing in futures contracts and risks of investing in instruments with embedded futures contracts