The Stock Exchange of Thailand (SET) continues to promote investment via exchange-traded funds (ETFs), this time by providing one more channel to provide updates on the indicative net asset value (iNAV) of ETFs. This data will be sent through SET’s price reporting system (PRS) , and will be available for member companies, analysts and vendors from March 28.
The SET is expanding the ETF market by adding more funds and enhance the NAV of all ETFs, SET Chief Marketing Officer Pakorn Peetathawatchai revealed. To make it faster and more convenient for investors to update their information on ETFs, the SET will take the iNAV of ETFs, which all asset management companies which issue ETFs constantly every 15 or 30 seconds calculate during trading hours, and disseminate the data through the Thai Exchange’s information dissemination system to member companies and vendors.
“The iNAV gives an approximation of the NAV of each respective ETF while trading is active, giving an almost real-time NAV that tracks prices of a given basket of underlying securities, which are also being traded at any given time. iNAV helps investors more efficiently make investment decision on given ETF”, reported Mr. Pakorn.
Investors can follow the iNAV of all ETFS listed on the SET, including CHINA, ENGY, TDEX and TFTSE, and related information by visiting the websites of the respective ETF-issuers: One Asset Management Limited (www.one-asset.com), TMB Asset Management Co., Ltd. (www.tmbam.com), Krung Thai Asset Management PCL (www.ktam.co.th) and at www.settrade.com or contact S-E-T Call Center at 0 2229 2222.