INVESTMENT
TMBAM sets US focus with launch of two funds
- Published: 26 Jan 2013 at 00.00
- Newspaper section: Business
TMB Asset Management is relying on a US economic recovery this year by introducing two funds to invest in that country, said chief executive Somjin Sornpaisran.
He said this year, the US GDP should reach 2.8%, up from 2% in 2012.
TMBAM's two funds are TMB US500 Equity Index Fund and TMB US500 Equity Index RMF. Both invest in the iShare S&P500 Index ETF Funds listed on the New York Stock Exchange.
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