Thailand Equity

Thailand equity mutual funds and ETFs own securities on the Stock Exchange... Thailand equity mutual funds and ETFs own securities on the Stock Exchange of Thailand. As of October 2022, the Thai stock market was the second largest by market capitalization among ASEAN nations, after Singapore. At that time the combined market cap of companies listed on the Stock Exchange of Thailand was US$513 billion, making it the 25th most valuable market globally. The Thai stock market is broadly diversified, with solid representation among the consumer staples, energy, materials, communication, information technology, health care, and utilities sectors. Large constituents on the benchmark SET Index include PTT Exploration and Production, Siam Cement, Airports of Thailand, Delta Electronics, and Bumrungrad Hospital. Thailand equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Baht. Thailand is the world’s 27th largest economy as of 2023, with nominal GDP of US$ 574 billion. Investors are attracted to Thailand equities because it’s a country that is rapidly developing, and has exposure to global growth given its dependence on exports. It also can benefit from growth in the wider Asian economy. Given that Thailand is still an emerging market, these funds may be appropriate for aggressive investors willing to take on more risk in search of higher returns. Last Updated: 11/04/2024 View more View less

Thailand equity mutual funds and ETFs own securities on the Stock Exchange of Thailand. As of October 2022, the Thai stock market was the second largest by market capitalization among ASEAN nations, after... Thailand equity mutual funds and ETFs own securities on the Stock Exchange of Thailand. As of October 2022, the Thai stock market was the second largest by market capitalization among ASEAN nations, after Singapore. At that time the combined market cap of companies listed on the Stock Exchange of Thailand was US$513 billion, making it the 25th most valuable market globally. The Thai stock market is broadly diversified, with solid representation among the consumer staples, energy, materials, communication, information technology, health care, and utilities sectors. Large constituents on the benchmark SET Index include PTT Exploration and Production, Siam Cement, Airports of Thailand, Delta Electronics, and Bumrungrad Hospital. Thailand equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Baht. Thailand is the world’s 27th largest economy as of 2023, with nominal GDP of US$ 574 billion. Investors are attracted to Thailand equities because it’s a country that is rapidly developing, and has exposure to global growth given its dependence on exports. It also can benefit from growth in the wider Asian economy. Given that Thailand is still an emerging market, these funds may be appropriate for aggressive investors willing to take on more risk in search of higher returns. Last Updated: 11/04/2024 View more View less