MFC recommends investment in local debt instruments, launching new 3-year fund, IPO today-17 June 2019

Stocks and Financial Services Press Releases Wednesday June 12, 2019 13:43
Bangkok--12 Jun--MFC

Mr. Dennis Lim, President, MFC Asset Management Public Company Limited, announced today that MFC launches the MFC Stable Income Fund 2 Not for Retail Investors or MSI2AI during today-17 June 2019. The Fund is a fixed income fund with a 3-year maturity and minimum subscription of Baht 500,000. Every 3 months, investors will receive automatic redemption of returns at a rate of 2.70% per annum of par value (Baht 10.00). When the Fund reaches maturity, all remaining units will be automatically redeemed and switched to MFC Government Money Market Fund (MM-GOV). Since investors may not redeem during the 3 years, should there be any negative factors impacting the investment, investors could lose a significant portion of their investment.

MSI2AI has the investment policy to invest in domestic government fixed income instruments and quality debentures such as treasury bills, government bonds, Bank of Thailand bond, state enterprise bonds, fixed income instruments issued by juristic person under specific law, fixed income instruments issued by commercial banks, deposits or investment grade fixed income instruments issued by private sector with rating of at least BBB-.

Example of instruments that MSI2AI will invest are as follows: CH. Karnchang PCL debenture rating A investment portion 19.17% return 2.35% p.a. return to Fund 0.45% p.a. / BTS Group Holdings PCL debenture rating A investment portion 6.25% return 2.35% p.a. return to Fund 0.15% p.a. / CP ALL PCL debenture rating A- investment portion 2.08% return 2.40% p.a. return to Fund 0.05% p.a. / Quality Houses PCL debenture rating A- investment portion 6.66% return 2.43% p.a. return to Fund 0.16% p.a. / WHA Corporation PCL debenture rating A- investment portion 19.17% return 2.80% p.a. return to Fund 0.54% p.a. / Rojana Industrial Park PCL debenture rating BBB+ investment portion 8.33% return 4.05% p.a. return to Fund 0.34% p.a. / Maungthai Capital PCL debenture rating BBB+ investment portion 19.17% return 3.20% p.a. return to Fund 0.61% p.a. / Asia Sermkij Leasing PCL debenture rating BBB+ investment portion 19.17% return 3.15% p.a. return to Fund 0.60% p.a.

The estimated return from investment is 2.90% per annum with estimated expenses of 0.20% per annum and net return of 2.70% per annum. Should the Asset Management Company not be able to invest as stated due to market conditions or changes in taxes, the Asset Management Company may not redeem units at the aforementioned rate.

The Asset Management Company has the discretion to change the invested assets or the investment ratios when it is deemed that it is necessary and appropriate for the utmost benefit of the investors, without causing the risk of the invested assets to change significantly.

MSI2AI is suitable for investors who expect higher returns than deposits, can accept a lower return than stocks and are able to invest for a period of 3 years. Investors should study the information available to understand features of the product, conditions of the returns and the risks before making the decision to invest.

Interested investors may invest with minimum subscription of Baht 500,000 by contacting MFC for further information about investment policy, risks, fund performance or the fund prospectus, Investment Planner Dept. tel. 0-2649-2000 ext. 2, Contact Center ext. 0, Chaengwattana Branch tel.0-2835-3055-57, Pinklao Branch tel. 0-2014-3150-2, Khon Kaen Branch tel.043-204-014, Chiangmai Branch tel. 053-218-480-82, Rayong Branch tel. 033-100-340-2, Hat Yai Branch tel. 074-232-324 - 25 or visit

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