Bangkok--9 Mar--Aberdeen
Year to date, Thai equities have rallied tracking most stock markets worldwide on the back of improved sentiment following better news coming out of the US and Europe and news of the Thai government’s expansionary fiscal plans. Aberdeen introduces Aberdeen Growth Fund (ABG), one of the largest Thai Equity Funds with net asset value of THB 3,765 MM as of 24 February 2012 (Data from AIMC). The fund has a solid long term track record dating back 15 years.
Aberdeen Growth Fund (ABG) has been registered since 18 July 1997 with the investment policy to invest at least 65% of its NAV in any accounting period, in equity or equity related securities or assets of potential high growth or good fundamental companies for medium to long-term investment, and at least 50% of fund’s NAV will be invested in shares of listed companies whereby the rest will be invested in other financial instruments.
Aberdeen Growth Fund (ABG) performance as of 24 February 2012
Fund performance as of 24 February 2012 NAV 3M 6M 12M 3Y 5Y YTD Since inception
AberdeenGrowth Fund (ABG) 72.5665 16.49% 9.06% 25.76% 166.35% 87.17% 10.09% 625.67%
Benchmark: SET Index 18.50% 10.50% 16.25% 165.61% 65.92% 11.78% 75.42%
Source : Aberdeen Asset Management Company Limited
Past performance is not a guarantee of future results. The fund performance document is prepared in accordance with AIMC standards.
Aberdeen plans to expand the provident fund business this year by introducing Aberdeen Master Pooled fund. With the fund, the provident fund members can choose investment plans that suit their own risk profile. Aberdeen Master Pooled Fund will then feed the investment into Aberdeen's own mutual funds that are already well known to investors. This includes Money Market, Fixed Income, Thai Equity, and Foreign Equity fund, where Aberdeen Growth would be the choice for the Thai Equity.
Aberdeen Master Pooled fund will allow provident fund members to choose their own investment plans according to the members' risk profile. Aberdeen will also facilitate with the member survey process and education for the members. We believe that proper asset allocation between equities and bonds should generate better return in the long term than the investment in bonds alone. Given the inflation pressure and the longer life expectancy, provident fund members will have to look after their investment for the retirement purpose. Thus, employee's choice via Aberdeen Master Pooled Fund will be the better way for provident fund members to take control of their financial future.
Investors who are interested in Aberdeen funds can contact for account opening with Aberdeen directly at Tel. 02-352-3388 or via our distributors.
For more info, please contact
Chananthima Pinngoen Tel. 0-2352-3382, 02-352-3388
Head of Marketing
Warning:
Investment in a foreign investment fund (FIF) is subject to currency risk and may get a return lower than the amount initially invested. Investments contain risks. Investor should study prospectus and tax guide before making a decision to invest.