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‘SET’ joins hands with UOB Asset Management to launch Thematic ETF for the first time in Thailand

Photo by Porapak Apichodilok from Pexels

‘SET’ joins hands with ‘UOB Asset Management’ to launch Thematic ETF for the first time in Thailand

Mr. Pakorn Pitathawatchai Director and Manager The Stock Exchange of Thailand revealed that the Stock Exchange of Thailand support the development ETF mutual funds (Exchange Traded Fund: ETF) as a tool for investors to diversify their investments abroad easier. and more convenient through an existing brokerage account An instrument ETF that has captured the attention of investors around the world. with a variety of underlying assets Can be used to organize investment portfolios easily. and low cost As a result, global ETF assets under management (AUM) as of mid-2021 rose to around $91 billion.

“ETF funds in Thailand The SET has continuously promoted its development and aimed to diversify its underlying assets. and expanding trading channels for the convenience of investors Ready to educate and promote understanding of investing through ETFs. Latest, SET together with UOB Investment Management Company (Thailand) Co., Ltd. to develop United Hero ETF or UHERO, which is Thailand’s first Thematic ETF. There is an investment theme that is a mega-trend following the growth of gaming and e-sports businesses. which will be listed and begin trading on the Stock Exchange of early February 2022.” Mr. Pakorn said

Mr. Vana Poolphon, Chief Executive Officer UOB Asset Management (Thailand) Co., Ltd. said that UHERO, the first Thematic ETF in Thailand, is an investment opportunity in the gaming and e-sports industry. which is a recreational activity that has played a role in life during the world facing the Covid-19 epidemic situation Revenue in the gaming industry grew more than 20%, while e-sports grew more than 15%, according to data from New zoo, Global X. UOB Asset Management believes that it is likely to continue to grow in the long term.

Mr. Vana said that the UHERO fund has a risk level of 6, focusing on investing in the Global X Video Games & Esports ETF (master fund) foreign fund, which will invest in the Solactive Video Games & E-sports Index, which will consist of 30. -40 companies that generate revenue from games and e-sports related businesses

“UHERO is another important step in response to the SET’s policy. To expand investment opportunities for Thai investors to have access to ETFs abroad and reinforcing investment expertise in Thailand and success in developing new investment innovations The funds have been selected through the investment process by a team of experts in the group. UOB Asset Management and its investment partners are internationally recognized.” Mr. Wana said

Interested investors can study Thematic ETF information at www.setinvestnow.com/ETF. And for those who are interested in UHERO funds, you can consult investments or request more information at a dealer appointed by the Asset Management Company or UOB Asset Management (Thailand) at www.uobam.co.th at 0-2786-2222. Subscription between 17-21 January 2022

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