The Asset Plus Daily Government Fund (ASP-DGOV-R) is a Thai open-end money market fund designed for general investors. It primarily invests in Thai government debt instruments, including Treasury bills, government bonds, Bank of Thailand bonds, and other government-issued securities. The fund aims to provide investors with daily returns, offering a more flexible alternative to traditional bank savings accounts. 

Key Features:

• Investment Objective: To generate consistent returns by investing in low-risk Thai government debt instruments.

• Risk Level: The fund is classified as low-risk, making it suitable for conservative investors seeking stability.

• Dividend Policy: The fund does not distribute dividends, reinvesting earnings to enhance capital growth.

• Minimum Investment: Investors can start with a minimum investment of 1 Thai Baht, with no set minimum for subsequent investments. 

• Liquidity: The fund offers high liquidity, allowing investors to buy or sell units on any business day between 8:30 AM and 3:30 PM.

Performance:

As of November 29, 2023, the fund's net asset value (NAV) per unit was 10.4878 Baht, with a total net asset value of approximately 5.8 billion Baht. Over the past year, the fund has provided a return of 1.90%, reflecting its stable performance in the money market sector. 

Fees:

• Management Fee: Up to 0.50% per annum.

• Trustee Fee: Up to 0.08% per annum.

• Registrar Fee: Up to 0.40% per annum.

There are no sales or redemption fees, making it cost-effective for investors. 

Suitability:

The ASP-DGOV-R fund is ideal for investors seeking a low-risk investment option with daily returns, suitable for short-term investment goals or as a component of a diversified investment portfolio.

Disclaimer:

Past performance does not guarantee future results. Investors should consider their investment objectives and risk tolerance before investing. shutdown123