Bualuang Asset Management releases BFTERM 1/23(AI) fund, subscribe 10 - 16 May, expected return of 1.50% per year.

Bualuang Asset Management Co., Ltd. releases Bualuang Fixed Income Fund with maturity date of 1/23, prohibited for sale to retail investors or BFTERM 1/23(AI), focusing on investing in deposits. Government and private sector debt instruments, both domestic and international, subscribe 10 – 16 May.

Bualuang Mutual Fund Management Company Limited Initial offering of investment units (IPO) Bualuang Fixed Income Fund with maturity date of 1/23, not for sale to retail investors or BFTERM 1/23(AI), duration of approximately 6 months, estimated return of 1.50% per year, project size 10,000 million baht

It is offered for sale at a price of 10 baht per unit and investors must make a minimum initial purchase of 500,000 baht.

For BFTERM 1/23(AI), the money will be invested in both domestic and foreign debt instruments. by investing in foreign debt securities Not more than 79% of the fund's net asset value which will hedge against the risk of the exchange rate of the principal and interest that is expected to be received (Fully Hedge)

Foreign debt instruments that this fund can invest in include government debt instruments. or state enterprise financial institution including private sector debt instruments and other debt instruments offered for sale abroad You must receive a credit rating on the date of investment at an investment grade level.

You can also invest in foreign deposits. In addition, you may consider investing in securities or other assets or earning profits by other methods as determined or approved by the Securities and Exchange Commission (SEC). Both inside and abroad

BFTERM 1/23(AI) has no fees for selling or buying back investment units. In the redemption of investment units of this fund It is an automatic buyback 1 time within the business day before the project expiration date. The management company will announce the automatic redemption date to investors within 15 days from the day following the fund registration date. Meanwhile, the return payment when the fund expires will be paid 1 time within the fund dissolution date to unitholders whose names are in the register on the fund dissolution date. According to the method that unitholders have informed in the account opening application form. (Transfer to account / check) where unitholders can notify their wishes that when the term fund expires Switch to Bualuang Thanatawee Open Fund (B-TNTV) or Bualuang Government Bond Fund (B-TREASURY).