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ING to Offer Balanced Fund in Thailand.
Byline: Nuntawun Polkuamdee
Mar. 10--ING Mutual Funds Management will launch a new balanced fund on Friday investing 50 percent of assets in dividend stocks and the remaining in government and corporate bonds.
Managing director Maris Tarab said the new Harvest Fund would focus on stocks with a market capitalisation of at least 0.19 percent of total SET capitalisation and a dividend yield of at least 5 percent.
The stock's beta, which measures a stock's volatility against the market, must be less than 0.75 percent and with growth in earnings-per-share of at least 5 percent.
Mr Maris said ING also planned to launch a new equity fund in ...
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Source: HighBeam Research, ING to Offer Balanced Fund in Thailand.