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<a href="http://www.accessmylibrary.com/article-1G1-122881647/asset-management-firm-launch.html" title="Facts and information about Asset Management Firm to Launch `Capital Preservation' Fund in Thailand.">Asset Management Firm to Launch `Capital Preservation' Fund in Thailand.</a>
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Asset Management Firm to Launch `Capital Preservation' Fund in Thailand.
Byline: Somporn Thapanachai
Oct. 2--AJF Asset Management will issue a capital preservation fund totalling one billion baht to encourage new and existing investors to invest more in the capital market.
Managing director Reungvit Nandhabiwat said the AJF Capital Preservation Fund had a maturity of three years and investors could withdraw proceeds from the fund once a year, subject to a 3 percent exit fee.
The new fund would have a par value of one baht per unit, with a minimum purchase amount of 1,000 baht. Subscriptions are scheduled from Oct 14-31.
AJF plans to introduce another two funds with an estimated size of 500 million baht ...
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