East Spring Asset Management to Pay Dividends for Domestic and Foreign Funds
EAST SPRING ASSET MANAGEMENT (THAILAND) CO, LTD DISCLOSES DIVIDEND PAYMENT ARRANGEMENTS FOR 2022-2023
In an official statement, Miss Darabus Phapaphot, Managing Director of East Spring Asset Management (Thailand) Co, Ltd, announced that the company is preparing to distribute dividends to four domestic and foreign investment funds under its management.
The operating results for the one-year period from September 1, 2022, to August 31, 2023, include the following dividend payments for domestic funds:
- Thanachart Equity Fund (T-EQUITY) – 0.27 baht per unit, with the dividend payment scheduled for September 22, 2023.
Additionally, three foreign funds will receive dividends, namely:
- Thanachart Global Value Fund (T-GlobalValue) – 0.75 baht per unit
- Thanachart Infrastructure and Natural Resources Fund (T-INFRA) – 1.20 baht per unit
- Thanachart Premium Brands Fund (PREMIUM BRAND T) – 0.90 baht per unit
All dividends for the foreign funds will be paid on September 26, 2023. The total dividend value for the four funds amounts to 80,833,891 baht.
An Overview of the Funds
The Thanachart Equity Fund (T-EQUITY) primarily invests in common stocks listed on the Stock Exchange of Thailand. With a strong emphasis on long-term and medium-term investments, the fund is aptly managed based on the capital market situation, the money market, and the prevailing economic conditions. This fund has consistently paid dividends per investment unit over the past five years, with a total dividend payment of 2.73 baht per unit.
The Thanachart Global Value Fund (T-GlobalValue) focuses on investing in investment units of mutual funds and/or foreign ETFs consisting of two or more funds. It allocates no less than 80 percent of its Net Asset Value (NAV) to the designated fund and employs a Value Style investment strategy. By diversifying investments across regions with potential and attractive opportunities, the fund has consistently delivered dividends per investment unit over the past five years, with a total dividend payment of 0.75 baht per unit.
The Thanachart Infrastructure and Natural Resources Fund (T-INFRA) invests in investment units of two or more foreign mutual funds. With at least 80 percent of its NAV allocated to the designated fund, the focus lies in investing in basic utilities or public utilities vital to the economic system, including transport, energy, natural resources, and technology. This fund has consistently paid dividends per investment unit over the past five years, with a total dividend payment of 3.95 baht per unit.
The Thanachart Premium Brands Fund (PREMIUM BRAND T) invests in PICTET FUNDS (LUX) – PREMIUM BRANDS, the main fund managed by Pictet Funds (Europe) SA. It seeks investment growth in high-quality products and services, utilizing futures contracts to enhance investment management efficiency. The fund has consistently paid dividends per investment unit over the past five years, with a total dividend payment of 3.40 baht per unit.
For more information, visit www.eastspring.co.th or contact 1725 during business days and hours. Interested individuals can also reach out through the company’s sales channels or appointed sales and buyback supporters. Investors are advised to thoroughly understand the product features, return conditions, and associated risks before making any investment decisions, keeping in mind that past performance does not guarantee future results.
Miss Darabus Phapaphot, Managing Director East Spring Asset Management (Thailand) Co, Ltd or East Spring Asset Management Co, Ltd has disclosed that the company is preparing to pay dividends to 4 domestic and foreign investment funds under management. For operating results for the 1 year period between 1 September 2022 – 31 August 2023, it includes domestic funds including: Thanachart Equity Fund (T-EQUITY) at a rate of 0.27 baht per unit, with dividend payment arranged for September 22, 2023, and 3 other foreign funds, namely Thanachart Global Value Fund (T-GlobalValue) at a Rate of 0.75 baht per unit, Thanachart Infrastructure and Natural Resources Fund Fund (T-INFRA) at a rate of 1.20 baht per unit and Thanachart Premium Brands Fund (PREMIUM BRAND T) at a rate of 0.90 baht per unit, with dividends to be paid at the same time. September 26, 2023, representing the total dividend value of 4 funds, a total of 80,833,891 baht.
The Thanachart Equity Fund (T-EQUITY) invests in common stocks of companies listed on the Stock Exchange of Thailand. On average in the financial year no less than 80 per cent of NAV, with an emphasis on long term and medium term investments. Investing is appropriate to the capital market situation, the money market, and the economic situation. The dividend has been paid per investment unit for the last 5 years, namely in 2018 the dividend was paid at 1.00 baht per unit, in 2019 it was 0.16 baht per unit, in 2020 it was 0.14 baht per unit, in 2021 it was at 1.00 baht per unit and in 2022. at 0.16 baht per unit, including this period’s dividend payment of 0.27 baht per unit, for a total dividend payment of 2.73 baht per unit.
The Thanachart Global Value Fund (T-GlobalValue) invests in investment units of mutual funds. and/or mutual funds
Foreign ETFs of 2 or more funds, on average in the financial year, not less than 80 percent of the NAV of the destination fund. Focus on Value Style investment strategies and invest in equity instruments with good fundamentals. By diversifying investments to different regions of the world that have potential and investment opportunities. There will be dividend payments per investment unit for the last 5 years, including dividend payments for this period. It is a total dividend payment of 0.75 baht per unit.
The Thanachart Infrastructure and Natural Resources Fund (T-INFRA) invests in investment units of 2 or more foreign mutual funds, on average in the financial year not less than 80 percent of NAV of the destination fund. Invest in basic utilities or public utilities that are important to the economic system (including transport) and/or energy and/or natural resources The fund can invest in technology. The dividend has been paid per investment unit for the last 5 years, namely in 2018 the dividend was paid at 0.55 baht per unit, in 2020 it was at 1.00 baht per unit, in 2021 it was at 1.20 baht per unit. dividends were paid for this period another 1.20 baht per unit Total dividend payment is 3.95 baht per unit.
and Thanachart Premium Brands Fund (T- PREMIUM BRAND) invests in PICTET FUNDS (LUX) – PREMIUM BRANDS, the main fund, invests to seek investment growth. About high quality products and services The fund can invest in futures contracts to increase the efficiency of investment management. Managed by Pictet Funds(Europe) SA, with dividends paid per investment unit for the last 5 years, ie 2018, dividends paid at 0.80 baht per unit, 2020 at 0.50 baht per unit, 2021 at 1.20 baht per unit generally. Another dividend payment this period of 0.90 baht per unit, for a total dividend payment of 3.40 baht per unit.
Those interested can see more details at www.eastspring.co.th or call 1725 during business days and hours. or through the company’s sales channels or an appointed sales and buyback supporter And investors should understand the features of the product. Return conditions and risk Before deciding to invest and past performance is no guarantee of future performance.
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