Bangkok--22 Aug--TISCO Financial Group
TISCO Asset Management launches a new fund “TISCO Special Bonus 4 Fund”, a mixed fund investing mainly in high quality fixed income instruments with equity proportion of not exceeding 30%. Target return at 6% approximately within 1 year. IPO period is between August 22 to 29, 2012 at TISCO Asset Management and TISCO Bank branches.
TISCO Wealth, a comprehensive wealth management services of TISCO, by Mr. Saharat Chudsuwan, Senior Vice President, Head of Marketing and Wealth Advisory Mutual & Private Fund Business, TISCO Asset Management Co.,Ltd. said that the company recently launched new specific fund, TISCO Special Bonus 4 Fund. The fund shall mainly invest in debt instruments and/or deposits, while the remaining shall invest in local equities and/or other securities or assets of not exceeding 30%. The fund's objective is to hit 6% target return in approximately 1 year.
TISCO Wealth, Identified this fund suitable for low risk investors who are seeking better returns than bank deposits. The fund invest primarily in good quality fixed income instruments and invest in Thai equities of not exceeding 30% of the net asset value of the fund to increase investor's chances of making a profit from a rising stock price. TISCO Wealth recommends investing in Thai stock market because economic fundamentals remain strong. Therefore, TISCO Special Bonus 4 Fund is another investment option to meet customer's demand.
TISCO Special Bonus 4 Fund has registered capital of 1,000 Million Baht with a short-term tenor of approximately 1 year, Whenever the fund's NAV increases to 10.60 baht on any working day within the period , TISCO ASSET will automatically redeem all investment units on the fifth working day. IPO period is between August 22 to 29 ,2012. Minimum purchase is 20,000 Baht. More information please contact TISCO Asset Management or TISCO Bank branches or TISCO Contact Center Tel.02-633-6000 press 4.
Investment contains some degree of risks. The investor should study the fund's prospectus before investing.
The return set in the fund maturity's condition is not a guarantee to the return of the fund.
This expected return is subjected to other expenses at fund maturity.