Vayupak Mutual Fund 1 Sees High Demand from Investors

Last 16-20 September, Vayupak Mutual Fund ⁤1 (VAYU1) opened for subscription for type A investment ‍units, with a maximum fundraising ⁣value of⁢ 150 billion baht. The​ results show that there ‌is a demand from all types of investors that exceeds ‌the maximum withdrawal value.

Chawinda Hanratanakul, Managing Director of Krungthai Asset⁤ Management Company, the management company of VAYU1, revealed that the opening for‍ subscription ​of type A investment units ‌has received⁣ a good response from ⁢small investors and has received a lot of attention‍ from institutional investors.

The total demand value exceeds the maximum fundraising‌ value of 150 billion baht,‌ reflecting confidence in the fund. By establishing a mechanism to protect⁢ investments and ‍earnings, including⁣ mechanisms for fund risk management, VAYU1 ⁣is‍ an investment choice for investors who generate good returns in the long term.

The final number of investment units offered for⁢ sale was set at 15 billion units, with an offer⁣ price‌ of 10 ⁤baht per​ unit.

Thanachot Rungsitthiwat,‍ Managing Director of MFC Asset Management Co, Ltd., as Vayupak Mutual Fund‍ Management Company,⁢ stated that retail investors who subscribe ‌to Type ⁣A investment units allocated using the Small Lot First method can check the ⁣results of⁣ the unit allocation starting on Wednesday, ⁤September 25, 2024, at 9:00 am on the⁤ SETTRADE website.

Institutional investors will start subscribing on September ‌25-27, 2024, and⁣ the fund’s Type ‍A ⁢investment units are expected to ⁤be traded on the Stock Exchange of Thailand‍ within the 2nd week of October 2024, using the name VAYU1 in securities trading.

Investors can buy and‌ sell type A​ investment units⁤ through the stock exchange, available ‌every business day. The price of investment units in⁢ the secondary market will be in accordance‍ with the market price mechanism.