Post by account_disabled on Jan 6, 2024 11:05:44 GMT 5.5
Asset Management increases the capital of SCBPIN to 10,000 million baht to support overflowing demand, pointing out that Thai-Singapore REITs are an alternative for generating returns. Helps reduce risk from volatility. Mrs. Nanmanat Piamthipmanat Deputy Managing Director and Chief Investment Officer SCB Asset Management Company Limited revealed that the company has increased the registered capital of SCB Open Fund. Property and Infrastructure Flexible (SCBPIN), the type of accumulated value and type of paying dividends, is 10,000 million baht from the original registered 5,000 million baht. The fund has a policy to invest in Investment units include Property Funds, Real Estate Investment Trusts (REITs), and Infrastructure Funds. (Infrastructure Fund) on the Stock Exchanges of Thailand and Singapore Because it received good response from investors. Therefore, the registered capital has been increased to support this demand.
The SCBPIN fund has an investment process by selecting real Country Email List estate funds and REITs under the investment framework of High Cash flow, High EPS Growth and High Dividend Yield, with an investment proportion in the Thai market of approximately 44%, Singapore of approximately 47% and deposits or Other assets are approximately 9% (information as of 26 July 2019). Currently, the fund has 2 share classes for sale: value accumulation type - SCBPINA and dividend paying type - SCBPIND. Both funds have had operating results since the beginning of the year. Until now it is 22.21% (Information as of 30 July 2019) Mrs. Nanmanat said that from the beginning of the year until now Real estate mutual funds and real estate investment trusts in the Thai market (Thai REIT) and Singapore (Singapore REIT) rose 23.16% and 17.79%, respectively (information as of 25 July 2019) from the slowdown in The world economy and the attitude of central banks in various countries There is a tendency to use more accommodative monetary policy.
As a result, since the beginning of the year, the 10-year Thai government bond yield has adjusted from 2.51% down to 1.95%, the 10-year US government bond yield has adjusted from 2.68% down to 2.06%, and the 10-year Singapore government bond yield. year adjusted from 2.04% down to 1.95%, which with low interest rates makes REITs more attractive. Even though the returns in both the Thai and Singaporean markets have increased quite high. But real estate mutual funds and REITs are still interesting securities. Because it can pay returns in the form of consistent dividends. and higher than government bond yields. Currently, Thai REIT and Singapore REIT have dividend rates higher than government bond yields at 3.2% and 2.5%, respectively. Therefore, it is seen that REITs instruments will still provide positive returns but will not. Hot like in the past Past performance of the fund It is not a guarantee of future performance.
The SCBPIN fund has an investment process by selecting real Country Email List estate funds and REITs under the investment framework of High Cash flow, High EPS Growth and High Dividend Yield, with an investment proportion in the Thai market of approximately 44%, Singapore of approximately 47% and deposits or Other assets are approximately 9% (information as of 26 July 2019). Currently, the fund has 2 share classes for sale: value accumulation type - SCBPINA and dividend paying type - SCBPIND. Both funds have had operating results since the beginning of the year. Until now it is 22.21% (Information as of 30 July 2019) Mrs. Nanmanat said that from the beginning of the year until now Real estate mutual funds and real estate investment trusts in the Thai market (Thai REIT) and Singapore (Singapore REIT) rose 23.16% and 17.79%, respectively (information as of 25 July 2019) from the slowdown in The world economy and the attitude of central banks in various countries There is a tendency to use more accommodative monetary policy.
As a result, since the beginning of the year, the 10-year Thai government bond yield has adjusted from 2.51% down to 1.95%, the 10-year US government bond yield has adjusted from 2.68% down to 2.06%, and the 10-year Singapore government bond yield. year adjusted from 2.04% down to 1.95%, which with low interest rates makes REITs more attractive. Even though the returns in both the Thai and Singaporean markets have increased quite high. But real estate mutual funds and REITs are still interesting securities. Because it can pay returns in the form of consistent dividends. and higher than government bond yields. Currently, Thai REIT and Singapore REIT have dividend rates higher than government bond yields at 3.2% and 2.5%, respectively. Therefore, it is seen that REITs instruments will still provide positive returns but will not. Hot like in the past Past performance of the fund It is not a guarantee of future performance.