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The Stock Exchange of Thailand (SET) will list KTAM SET Energy ETF Tracker, managed by Krung Thai Asset Management pcl, on its main board on March 19, under the ticker "ENY".
ENY, an open-end exchange-traded fund (ETF), will track the performance of the SET Energy & Utilities Sector Index, a capitalization-weighted index of all stocks of the SET Index that are involved in the energy and utilities sector.
Kesara Manchusree, SET Executive Vice President and Head of the Markets Division, said:
"The SET Energy & Utilities Sector Index has the highest market capitalization of all of SET’s sector indices, covering securities worth THB 2.5 trillion (approx. USD 83 billion), or about 18 percent of total market value. It consists of 26 large and mid-cap securities, including oil and refineries, power plants, and renewable energy and utilities, that are listed in the SET50 and SETHD (SET High Dividend) Indices. Investors will get more convenience by purchasing ENY through their trading accounts, and can receive the same returns as investing in the energy and utilities sector, but without buying individual stocks. Also, the fund’s policy allows for dividend payments of up to 4 times per year.”
Somchai Boonnamsiri, Chief Executive Officer of Krung Thai Asset Management pcl (KTAM) said: “During the fund’s IPO period on March 1-8, KTAM sold ENY units worth THB730 million, with more than 3,000 investors subscribing for fund units (at THB 5.5097 per unit) via bank branches nationwide.”
KT ZMICO Securities Co., Ltd. and Asia Plus Securities pcl are participating dealers, while Asia Plus Securities pcl is also the market maker. Thailand Securities Depository Co., Ltd. is registrar for ENY. For more information on ENY, please visit Krung Thai Asset Management pcl at www.ktam.co.th and the SET at www.set.or.th, www.settrade.com or call SET-Call-Center at +66 2229 2222
