Bangkok--Mar 10--เวเบอร์ แชนด์วิค
Kiatnakin Securities (KKS) and Kasikorn Asset Management (K-ASSET) have established the open-end 'Kiatnakin - K-ASSET Equity Fund' worth 1,000 million bahts, 50 million of which was co-invested by the Stock Exchange of Thailand (SET). The 'Kiatnakin - K-Asset Equity Fund' is ready to be launched during March 9-17, with minimum 20,000-baht purchase, at all branches of Kiatnakin Securities Company Limited (KKS), Kiatnakin Finance Company Limited (KKF) and Kasikorn Asset Management (K-Asset), said Kiatnakin Securities (KKS) CEO Suraphol Kulsiri.
"The 'Kiatnakin - K-ASSET Equity Fund' is the flexible mix appropriate for listed stock investment. The proportion of this Equity Fund and its flexibility is unique, with not less than 75% of equity part will invest in no more than 30 shares that make investors learn how to invest. It is also easier than other funds because open-end 'Kiatnakin - K-ASSET equity fund' is focused on capital equity," said K-ASSET President Dayana Bunnag.
"The 'Kiatnakin - K-ASSET Equity Fund' offers a good investment opportunity because the price index goes down due to short-term factors, like the bird flu, southern riots, or the fact that the Stock Exchange Commission (SEC) does not allow the margin-net settlement, uncertainty of commission fee. However, the economic outlook and the listed companies' performance are thriving. So, this is a great opportunity for investors to gain large profits from those under-valued stock at the moment, said Mrs. Dayana.
Mr. Suraphol added: "The open - end 'Kiatnakin - K-ASSET Equity Fund' outshines other funds because KKS and K-ASSET, plus the SET, are experts in fund management, highly - recognized for their business ethics, and keen on research analyses. KKS and K-Asset will be the whole selling agent of the Equity Fund as well as investment consultations providers. End.
-NT-