Tisco's trigger fund closed
Tisco Asset Management Co Ltd successfully achieved the 8 per cent return target for Tisco Thai Equity Trigger 8% Fund within 6 months.
Saharat Chudsuwan, senior vice president and head of Marketing and Wealth Advisory Mutual &
Private Fund Business, said that the 1-year fund could be closed ahead of maturity thanks to the stock market bullrun.
Launched when the market was under the negative influence from external factors, the fund benefited from a recovery thanks to satisfactory listed companies' earnings.
Tisco Wealth is bullish on the market outlook throughout this year thanks to the post-flood economic recovery and continued earning growth. Also due to global fiscal and monetary policy easing, it expects the Stock Exchange of Thailand index to end the year at 1,150-1,200 points.
