Investors buy B1.17bn worth of funds
- Published: 25 Dec 2012 at 16.29
- Online news: News
Thai employees and retail investors flocked to buy over one billion baht worth of investment units in Long-term Equity Funds (LTF) and Retirement Mutual Funds (RMF) at the last minute in order to get a tax benefit before the end of the year.
A report from the Stock Exchange of Thailand showed that during a four-day last minute fund fair held during Dec 20-23, there were a total of 8,271 transactions, up around 30% from last year's fair, concluded for a total investment value of 1.17 billion baht, up more than 70%. Of the...
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