Thai ESG funds surge to over 5,200 million baht, SCBAM holds the title of highest sales champion.

Revealing total investment in the newest tax-saving fund, Thai ESG, totaling 5,266 million baht (as of 28 Dec. 66). SCB Asset Management highlights 6 funds with the highest sales of 1,127 million baht, followed by Kasikorn Asset Management with 1,122. million baht, Bualuang Asset Management Co., Ltd. 817 million baht, Kiatnakin Phatra Asset Management Co., Ltd. 570 million baht, and Krungthai Asset Management Co., Ltd. 551 million baht.

During last December The government has resolved to approve asset management companies (asset management companies) to establish a new tax-deductible fund under the name “Thai Mutual Fund for Sustainability” หรือ “Thai ESG”

Investors can invest up to 30% of their annual taxable income. and up to a maximum of 100,000 baht, excluding the 500,000 baht limit from the retirement savings fund. That includes the SSF, RMF, PVD, GPF, pension insurance, private school teachers' welfare fund, and the National Insurance Commission.

By Thai ESG funds, there is no minimum purchase amount. And it doesn't have to be continuous every year. You must hold it for 8 years from the date of purchase.

Various mutual fund companies therefore applied for establishment. Thai ESG funds with the Securities Commission and the Stock Exchange (SEC) ready to accelerate the presentation of their own products according to the policy set out in the prospectus. The goal is to invest the money in businesses that operate sustainably. By considering the environment, society and corporate governance (ESG)

It began opening for purchase of Thai ESG funds from December 8, 2566.

Currently,Sustainable investment (Sustainability Investment) It has received more and more interest from investors. This is because investors are becoming more aware and giving importance to investing in companies that operate with ESG in mind because it will help reduce the risk of various problems that may have a negative impact on the business. This gives operations the opportunity to grow sustainably. and reflect the positive results into the stock or debt price of the company.

Therefore, investing in companies that focus on ESG is like investors participating in creating a positive impact on the world. There is also the opportunity to receive good, sustainable returns in the long term. from reducing risks from negative issues related to ESG as well

Due to the limited time for operation and publicity of the fund. This public offering is therefore a measure of the potential of distributors and distribution channels to see how much they can reach investors in a short period of only 1 month.

Data from Morningstar as of December 28, 2566 found that There is the value of assets invested in Thai ESG funds from 16 mutual funds, 30 funds Representing a total amount of 5,266 million baht. The top 5 asset management companies with the highest sales of Thai ESG funds are as follows:

No. 1

namely SCB Asset Management Company (SCBAM) with Siam Commercial Bank as a major distributor that can win the hearts of the most customers

Through strategic planning, having a variety of options and there are clear management guidelines There will be 6 funds divided into 3 types to provide variety for investors to choose as appropriate to the risk tolerance of each person.

All 6 funds have a total asset value as of December 28, 2566 of 1,127 million baht.

• • Type 1 Mixed Mutual Funds Including SCBTM (ThaiESG) funds that pay dividends and SCBTM (ThaiESGA) accumulate value. The highlight is a flexible investment mix of 0 -100% that focuses on investing in debt instruments. and equity instruments of Thai companies that are outstanding in ESG
  • Type 2: Mutual funds that focus on investing in active stocks. Including SCBTA (ThaiESG) with dividends and SCBTA (ThaiESGA) with accumulated value that focuses on proactive management. Select Thai stocks that have the ability to conduct business. Has an attractive value and takes into account ESG factors.
  • and type 3 Passive mutual funds These include SCBPT (ThaiESG) and SCBPT (ThaiESGA) that focus on defensive management with Optimization strategies to make returns similar to the SETESG TRI index.

No. 2

namely Kasikorn Asset Management Company (KASSET) with Kasikorn Bank is the main distributor Launched with only 1 fund that was able to generate the highest sales of a single fund.

with sales of the K Target Net Zero open-end fund, Thai stocks, sustainability type (K-TNZ-ThaiESG) is at 1,122 million baht.

It is a fund that focuses on investing in stocks of companies that help promote reduction of the impacts of climate change. Supporting the business sector to reduce greenhouse gas emissions to zero (Net Zero) by 2608, will invest in stocks of companies that are components of the SET100 TRI index and companies that have disclosed information about their greenhouse gas emissions.

No. 3

namely Bualuang Asset Management Company (BBLAM) with Bangkok Bank as the main distributor Launching the Bualuang Thotsapon Thai Sustainability Fund (B -Top Thai ESG), building on the success of the "Totsapon" group of funds that have been around for a long time.

By B – Top Thai ESG has a total sales volume of 817 million baht, focusing on investing in stocks of listed companies selected by the SET or other organizations or institutions that the SEC recognizes as being outstanding in the environment. or sustainability Through the accounting analysis process, not less than 80% of the fund's net asset value.

No. 4

Kiatnakin Phatra Asset Management Company (KKPAM) There is a sales volume of 570 million baht, consisting of the KKP GB Thai ESG fund, which focuses on investing in Thai government debt instruments.

And the fund will invest in debt instruments in the sustainability group, such as debt instruments for environmental conservation. Debt instruments for sustainability and instruments promoting sustainability on average in the fiscal year not less than 80% of NAV and KKP EQ ThaiESG Fund focuses on investing on average in the fiscal year not less than 80% of NAV in stocks of companies listed on the SET that have outstanding environmental or safety characteristics. Sustainable

No. 5

namely Krung Thai Asset Management Company (KTAM) Its sales amount is 551 million baht, with Krung Thai Bank being the main distributor, consisting of:

1) KTAG70/30-Thai ESG Fund It focuses on investing in stocks with a SET ESG Rating of level A or higher, with an average of not less than 70% in the fiscal year and sustainability debt instruments, with an average of not more than 30% of NAV in the fiscal year.

2) KTESG 50-Thai ESG Fund Focuses on investing in large stocks in the SET ESG Index and in the KTAM Universe, with an average of not less than 80% of NAV in the fiscal year and

3) KTAG-Thai ESG Fund Focus on investing in large, medium, and small stocks with SET ESG Rating level A or higher, averaging in the fiscal year not less than 80% of NAV.

Although the total investment in Thai ESG funds did not meet the government's target of 10,000 million baht, this may be due to the short sales period. But it is considered a fund that has received considerable interest from investors.

It is expected that in 2567, Thai ESG funds will likely receive more interest from investors. From the recovery of the Thai stock market and the bond market, there will be more foreign capital flowing back in to invest.