14 Asset Management Companies to Debut SSF, Expecting ฿60bn of Fund Inflow!

On Wednesday, April 1, 2020, 14 asset management companies will debut the Super Savings Fund (SSF), a new tax-saving fund to replace the Long-Term Equity Funds (LTFs), in which the Fund had policy of investing in listed companies in the Stock Exchange of Thailand for a total of 18 units according to the resolution of the Thai Cabinet to regain confidence of investors after a plummet in equity market due to the outbreak of coronavirus.

The unit will be opened to purchase during April 1 – June 30. Analyst had estimated that the Fund could draw as much as 60 billion baht of fund inflow to the market.

 

14 Asset Management Companies includes;

1) Siam Commercial Bank Asset Management

2) Krung Thai Asset Management

3)) MFC Asset Management

4) Krungsri Asset Management

5) Kasikorn Asset Management

6) Tisco Asset Management

7) BBL Asset Management

8) Principal Asset Management

9) UOB Asset Management

10) Land and Houses Fund Management

11) Asset Plus Fund Management

12) Phatra Asset Management

13) Thanachart Fund Management

14) One Asset Management