Fund inflows into extra SSF units estimated at B10bnFund inflows into extra units of the Super Savings Fund (SSF) are anticipated to have reached 10 billion baht before the one-time investment incentive lapsed yesterday, says the Association of Investment Management Companies (AIMC). Total investment inflows into the extra SSF units totalled 1.5 billion baht in April, Morningstar Thailand reported. Slim inflows into the extra units of the SSF were due to lacklustre investment sentiment and the lock-up investment period. SSF investment conditions are more relaxed than those for LTFs, as SSF units can invest in any assets, while LTFs stipulate equities as the major investment asset. He declined to comment on Fetco's proposal to extend the investment period for the extra SSF units.
Source: Bangkok Post June 30, 2020 23:37 UTC