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Thai Bourse Holds Mutual Fund Fair On September 15-18

Date 14/09/2011

The Stock Exchange of Thailand (SET) will hold "Mutual Fund Fair” at Paradise Park, Bangkok, on September 15-18. This event will present extensive information on mutual fund performances, as well as seminars in order to stimulate investment diversification into various kinds of funds.  

This fair is being organized together with the Association of Investment Management Companies (AIMC) and 16 asset management firms offering more than 1,176 funds in the venue, said SET Chief Marketing Officer Pakorn Peetathawatchai.

“Currently, mutual funds are offering more sophisticated and a wide variety of products and  In addition to equities and fixed-income instruments, they have lately launched funds involving commodities such as gold or oil, and index funds as well as trigger funds, or target-return funds. The event is a good opportunity for investors to meet fund managers and to get to know new products for portfolio diversification,” Pakorn said.

Voravan Tarapoom, chairperson of AIMC said: "Mutual funds have grown continuously. As at the end of June, there were 2.73 million accounts of mutual funds, up by 260,000 accounts from the end of last year, mainly boosted by equities and fixed-income funds. In the age of capital market’s liberalization, there are an unprecedented variety of mutual funds. However, to gain success from mutual fund investment, unit holders must know themselves, funds’ performance, and how to pick the right funds to meet their needs. This fair will give all these answers to them.”
    
Under the campaign “Your entire portfolio must be mutual funds,” the event will provide advice from fund firms and intensive seminars featuring investment techniques and portfolio management tips from fund experts. The annual event is a part of “Let your money work through mutual funds” project.