SET SPOTLIGHT:
PCE Fund unveiled, intended as investment alternative amidst market volatility
PrimaVest Asset Management which is a subsidiary of Thailand’s fifth-largest bank, Bank of Ayudhya and manages this new fund
Phuemphol Prasertlum, President, PrimaVest Asset Management hopes it will be an alternative for investors. And the new product that investors could consider under current less favorable investment climate is a fund that provides an opportunity to benefit from stock trade volatility.
Tentatively, 80% of the PCE fund will be invested in AllianceGI Choice Equity Fund with the remainder intended for other bonds or bank deposits.
SET HILIGHT:
CSP: CSP Steel Center
XD @ THB0.20 Payout 9 Sept 08
PB: President Bakery
XD @ THB1.58 Payout 19 Sept 08
SET DATEBOOK:
29 Aug 2008: Bank of Thailand Release of July Economic Data