Thai Government to Proceed with Vayupak Fund Unit Sales
Thailand's Finance Ministry is set to proceed with the public sale of units from Vayupak Fund 1, Type A, valued at 10 baht per unit with a minimum investment of 5,000 baht. About 100-150 billion baht worth of units will be available around September, with 30% reserved for retail investors using a small lot first method. The sale includes guaranteed return rates and principal assurance for units held for 10 years.
Thailand's Finance Ministry is set to proceed with the sale of units from Vayupak Fund 1, Type A, as part of a strategy approved in principle to sell up to 500 billion baht worth of investment units.
Approximately 100-150 billion baht of these units are available with a planned sale around September.
Investors can purchase units at 10 baht each with a minimum investment of 5,000 baht.
The sale features a small lot first allocation method to prioritize smaller investors.
The minimum return rate will be guaranteed, and the maximum rate will cap potential earnings while ensuring any excess profit benefits the Finance Ministry.
Investors are assured of their principal if units are held for 10 years.
Approximately 30% of units are earmarked for retail investors.