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MUTUAL FUND

Phillip launches RMF

Phillip Asset Management Co Ltd will launch a new retirement mutual fund (RMF) worth Bt500 million, following the government's policy to promote savings through RMF.



The Philip Fixed Income Retirement Mutual Fund will invest in treasury bills, Bank of Thailand's bonds, and bonds of state enterprises as well as local and foreign investment-grade private companies.

 The fund will be available for subscription during March 10-18. Minimum investment is Bt5,000.

- The Nation



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