TMBAM sets US focus with launch of two funds | Bangkok Post: business

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TMBAM sets US focus with launch of two funds

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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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