Worth Your Satang

The fund, which will invest in the Thai stock market, fea¬tures an automatic redemption when returns reach 10 per cent or the fund's maturity reaches six months, whichever comes first. Minimum investment is Bt20,000.

Krung Thai Asset Management is offering two fixedincome funds until next Tuesday:

KTSIV3M1 and KTSUP6M1. The former offers three months' matu¬rity with a size of Bt5 billion and will invest in local government and corporate bonds but not derivatives or structured notes; the latter is a sixmonth lifespan fund with a size of Bt5 billion and will invest in both local and foreign bonds.

ING Funds (Thailand) yester¬day launched an initial public offering for its ING Tha Treasury Fund. Subscriptions will be accepted until next Thursday, with a minimum ini¬tial purchase of Bt10,000. The fund will invest in Treasury, government and Bank of Thailand bonds.

Asset Plus Fund Management will offer its Asset Plus Active Government Bond Fund 2 from today until October 20. The fund will invest in three and fourmonthmaturity local bonds and expects to yield net returns of 3.2 per cent per annum.