Bangkok--22 Sep--JWT Public Relations
MFC Asset Management Public Company Limited prepares to offer MFC Happy D 5 Fund or Happy D 5, a flexible fund with an initial size of Bt500 million. This Fund will closely and continuously monitor the movements of stock prices to create good returns, and high liquidity allowing investors to trade the units on daily basis. First offerings date start on 19-27 September 2006.
Dr. Pichit Akrathit, President of MFC Asset Management Public Company Limited, reveals that to increase the investment opportunities for investors interested in investing in the Stock Exchange of Thailand and expect good and consistent returns and to increase the investment volume into the Thai stock market, MFC is preparing to offer units of the new MFC Happy D 5 Fund for the first time on 19-27 September 2006. This offering is to create good returns and spread out the investment risks for investors. During the past periods, the Thai stock exchange index has declined with prices of many companies dropped further than their real values, creating a good opportunity to reinvest. This new fund is suitable for investors who can accept medium to high risks.
MFC Happy D 5 Fund, an opened-end fund, is a Bt500-million flexible fund that not fixed investment ratios of the various capital instruments. The fund will carry lower investment diversify than the standard specific fund. Fund’s policy aims to invest mostly in the capital instruments with some investment portions in debt instruments, savings, semi-debt and semi-capital instruments, stocks and other types of assets as approved by the Thai Securities and Exchange Commission (SEC).
MFC Happy D 5 Fund’s management investments in growth stocks continuously monitored in prices. It is also a fund with high liquidity allowing investors to trade back their units on daily basis. The Fund will also pay dividend at least at the rate of 50% of the total increases in the assets managed in each period, at least once a year but no more than 12 times a year.
Dr. Pichit adds that MFC Asset Management Public Company Limited is confident that with the company’s strong expertise, more than 30-year experiences in fund management along with the skills in investing in both capital and debt instruments and highly professional management teams of staff and analysts, the company should be able to manage MFC Happy D 5 as successful as planned.
Investors interested in investing in MFC Happy D 5 Fund can invest at the minimum subscription of Bt10,000. More details and information about this fund can be obtained from MFC Asset Management Public Company Limited at Tel: 0-2649-2000 or at www.mfcfund.com as well as selling agents including Siam City Bank Plc, Thai Military Bank Plc, Land And Houses Retail Bank Plc., Ayudhaya Securities Plc., Kim Eng Securities Plc., Globlex Securities Co.,Ltd., KGI Securities (Thailand) Plc., SICCO Securities Plc., Seamico Securities Plc., Syrus Securities Plc., DBS Vickers Securities (Thailand) Plc., Tisco Securities Plc., SCB Securities Co.,Ltd., Siam City Securities Co.,Ltd., Phillip Securities (Thailand) Plc., Phatra Securities Plc., Merchant Partners Securities Co.,Ltd., United Securities Plc., ACLS Securities Co.,Ltd., Adkinson Securities Plc., and I V Global Securities Plc.
There is risk associated with this investment, investors should carefully study information before making the decision to invest.
MFC Happy D 5 Fund is approved by the Securities and Exchange Commission, Thailand on 15th September 2006.
For more information, please contact
MFC Office: Khun Sutasikar Khurat, Khun Suwanna Chewanantachai
Tel. 0-2649-2112, 0-2649-2113
JWT Public Relations: Khun Sarinya Sanmeema, Khun Porntipa Yoosang
Tel. 0-2204-8218, 0-2204-8215