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SCBAM launches 3 new Thai ESG funds with additional tax deductions.

Mrs. Nanmanat Piamthipmanat Chief Investment Officer SCB Asset Management Company Limited or SCBAM Revealed that the world is giving importance to investing in sustainability. Focusing on business growth factors that take into account the environment, society and good governance (ESG) principles.

SCBAM has continuously adopted sustainable investment guidelines as an important part of investment decision-making. For the opportunity to create long-term stable returns for investors, and this year it is a very good opportunity for the government to support the establishment of the Thai Mutual Fund for Sustainability (Thai ESG) to encourage Thai people. Long-term savings and create opportunities for growth from sustainable savings along with Thai businesses managed with ESG concepts, along with additional tax deduction rights of 30% of income or not more than 100,000 baht, which is a deduction amount that is separate from the SSF – RMF fund limit. and other savings funds This fund has an investment period of 8 years on a day-to-day basis.

On this occasion, SCBAM therefore opens for sale Thai ESG funds, 3 funds, 3 styles, covering investment policies including mixed funds, active stock funds, and passive stock funds, answering all the needs of investors. The IPO period is scheduled to be from December 8 – 15, 2023, and investment can be continued immediately after the IPO period so that investors can use this investment to use tax deduction rights in 2023. At the same time, SCBAM would like to give a gift. End of year special with a special promotional campaign, receive Fund Back up to 200 baht.

When investing from 8 – 28 December 2023 only.

For the Thai ESG fund, it is one of the groups of mutual funds for sustainability (Sustainable & Responsible Investing Fund or SRI Fund) that focuses on investing in securities of Thai companies that give importance to business growth factors that emphasize sustainability as the main focus. SCBAM has Thai mutual funds for sustainability (Thai ESG funds) to choose from up to 3 funds, and in each fund you can choose to invest in both accumulated value types. and dividend payment types include:

1) Focus on mixed style balance with SCBTM (ThaiESG) or SCB Open Fund. Thai mixed with sustainability (Thai Sustainability Type) which is a dividend paying fund and SCBTM(ThaiESGA) or SCB Open Fund. Thai mixed with sustainability (Thai Sustainability Accumulated Value Fund) which is an accumulated value fund. Focus on investing in a flexible mix of 0-100% in stocks and debt instruments of listed companies on the Thai Stock Exchange that have outstanding environmental issues. or sustainability (Environment, Social and Governance: ESG) 2) Go full force, Active style with SCBTA (ThaiESG)

or SCB Open Fund Thai stocks are sustainable and active. (Thai for Sustainability type) which is a dividend paying fund and SCBTA(ThaiESGA) or SCB Open Fund. Thai stocks are sustainable and active. (Thai Sustainability Accumulated Value Fund) which is an accumulated value fund. Focus on investing in Thai stocks in a variety of industries that have outstanding business operations according to ESG principles and have good business expansion trends in the long term. and has an interesting fundamental value and 3) Focus on capturing the market in a passive style with SCBTP (ThaiESG)

or SCB Open Fund Thai stocks are sustainable and passive. (Thai Sustainability Type) which is a dividend paying fund and SCBTP(ThaiESGA) or SCB Open Fund. Thai stocks are sustainable and passive. (Thai Sustainability Accumulated Value Fund) which is an accumulated value fund. Focuses on investing in Thai stocks that are components of the SET ESG Total Return Index by selecting stocks. and use Optimization strategies to adjust investment proportions Aiming to create returns of the fund as close to the reference index as possible.

Mrs. Nanmanat added that As the Thai government has a goal of driving Thailand forward towards environmental sustainability and transforming into a low-carbon society, along with supporting the green economy investment strategy (Thailand Green Taxonomy), along with its outstanding management of funds in the field of SCBAM’s sustainability has made SCBAM the first fund management company to receive the Best Asset Management Award in ESG at the SET Award 2022 ceremony organized by the Stock Exchange of Thailand. SCBAM intends to develop Thai ESG funds in the form of diversified investments Managed by a team of experienced fund managers. Guaranteed by a variety of star quality funds. To be an alternative to creating sustainable growth investment opportunities from green business groups in the Thai stock market.

SCBAM is confident that the Thai economy will likely recover in the future. In contrast to the world economy that is slowing down and Thailand’s GDP growth is expected next year. There will be a chance to accelerate to 2.7 – 3.7% with supporting factors from 1) the return of export expansion 2) the expansion of private consumption and investment 3) the continued recovery of the sector. travel Therefore, it is estimated that the EPS of SET Index will recover again. It is considered an opportunity to invest accumulated. For the opportunity to create long-term financial wealth Ready to support driving the Thai economic system and Thai society towards greater sustainability.
2023-12-08 03:21:33
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