Mutual fund companies and their agents - commercial banks and securities houses - will be required to evaluate investors' risk appetites before offering unit trusts for each investor, starting from mid-2011.
Then, all buyers must fill up the questionaires when placing the first purchase order, except funds of which investment is restricted for domestic investment.
Securities and Exchange Commission Secretary-General Thirachai Phuvanartnaranubala said the questionaires will benefit both fund companies and investors. While fund companies will know what products they should offer to the investors, the investors will get a better picture on their capacity to handle risks.
Fund companies can also develop products to suit each investor. Meanwhile, investors have the full liberty in investing in higher-risk funds.
