Krung Thai Bank Offering 3-year Alternative Funds Index derivative bonds based on the Solactive Alternative Funds VT Index, highlighting 100% principal protection, offering institutional investors and large investors with a minimum investment of 3 million baht.
Mr. Rawin Bunyanusat, Executive Vice President Capital Market Business Division Krung Thai Bank Said that the world economic situation still faces challenges on all sides, is volatile and difficult to predict. from the impact of COVID-19 that continues until the present Even though the COVID outbreak situation is resolved But there are also risk factors from international political conflicts. Debt defaults in the real estate sector in China and high inflation conditions As a result, investors are worried. and do not dare to invest more
The bank has developed products “Krungthai Alternative Funds Index” unsubordinated bonds The baht currency provides 100% principal protection that is rated AAA level by the credit rating agency Fitch Ratings as an alternative for investors who want to receive principal protection. Ready to have the opportunity to create investment returns in every market condition. From an investment policy that selects world-class funds and has an appropriate risk diversification plan, which is a comprehensive investment product. and strengthen the stability of the investment portfolio.
For Krungthai Alternative Funds derivative bonds with a term of 3 years, paying returns based on the Solactive Alternative Funds VT index that has investments in 4 world-class alternative funds, reducing volatility, creating returns in all market conditions with 3 different investment strategies: Absolute Return Strategy invests in stocks and bonds. Generate returns in all market conditions. The Event-Driven strategy invests in stocks of companies undergoing mergers and acquisitions, and the Trend Following strategy makes profits from predicting asset price trends, including stocks, debt instruments, and commodities. and exchange rates Guaranteed fixed returns of at least 1.0% per year, with years 1-2 paying an interest rate of 0.5% per year and paying returns based on the growth of the index at the end of year 3 according to specified conditions. The average historical reference return since 2019 is 6.75% per year.
This will be offered for sale to institutional investors and large investors. With a minimum investment of 3 million baht, subscription is open from 18-20 September 2023 through all Krung Thai Bank branches.
Source: Thai News Agency