Thailand Future Fund Announces Earnings Results for the Fiscal Year Ended on September 30, 2020
January 20, 2021 at 10:05 am
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Thailand Future Fund announced earnings results for the fiscal year ended on September 30, 2020. For the year the company reported total income of THB 1,917,209,176 against THB 2,054,004,236 a year ago. Net investment income of THB 1,525,359,814 against THB 1,700,195,674 a year ago.
Thailand Future Fund (the Fund) is a Thailand-based closed-end non-redeemable mutual fund. The Fund's objective is to use the proceeds from the offering of investment units to invest in infrastructure assets of the government sector that has the potential to generate income for the Fund. The Fund may also engage in activities within the scope allowed under Securities and Exchange Commission, Thailand (SEC) regulations and other relevant regulations, with a view to generating income and returns for the Fund and the unitholders. This may include investment in other securities and/or deriving benefits from other means as prescribed by securities laws and/or other relevant laws. The Fund is jointly managed by Krungthai Asset Management Public Company Limited (KTAM) and MFC Asset Management Public Company Limited (MFC) (together the Management Companies) and its fund supervisor is Kasikornbank Public Company Limited.