Vayupak Fund I Offers Investment Units of Type A for General Investors, Valued at 1-1.5 Billion Baht, Booking from September 16-20
Vayupak Fund I is set to offer investment units of Type A to general investors, with a total value of 1-1.5 billion baht. Individual investors in the country can book their investments from September 16-20. The fund will allocate returns ranging from a minimum of 3.0% to a maximum of 9.0% per year, consistently over a period of 10 years.
Established on July 1, 2546, Vayupak Fund I is a closed-end mutual fund with a size of 100 billion baht. Its objective is to manage state-held securities for maximum benefit, ensuring sustainable long-term returns. The fund invests in necessary and beneficial businesses for the country’s economic growth and aims to promote capital market development and provide investment alternatives for the public.
In 2556, the management company bought back all Type A investment units and converted the fund into an open-end fund, remaining only for holders of Type B units, including the Ministry of Finance and state investors. As of September 6, 2567, the fund’s net asset value (NAV) stood at 353.596 billion baht. Currently, it is offering Type A investment units to general investors, valued at 100,000-150,000 billion baht from 2557-2566. The fund has consistently paid dividends from investments, averaging 12.278 billion baht per year, with a dividend yield of 3.75% based on the NAV.
The fund maintains a stable financial position, with accumulated profits of approximately 142.739 billion baht as of June 30, 2567. It follows an investment policy in various securities, focusing on companies with strong fundamentals, long-term stability, and good corporate governance. The fund primarily invests in stocks listed on the Stock Exchange of Thailand (SET), emphasizing companies in the SET100 with high ESG ratings or those outside the SET100 with superior ESG ratings.
Moreover, the fund may consider investing in infrastructure funds, real estate funds, and trusts with good returns or high growth potential. It ensures liquidity and sound business oversight. Wanarit Sujaritkul, Chairman of Finnance Securities, the fund’s financial advisor, stated that the proceeds from the Type A investment unit offering would mostly be invested in the stock market. Each year, the fund’s returns from investments will be distributed to Type A unit holders in the form of dividends based on the actual fund performance, with a minimum of 3% and a maximum of 9% per year. Unit holders are entitled to receive dividends at least twice a year, calculated based on the Par value of 10 baht per unit.
Additionally, Type A unit holders have the right to redeem their investments following a Waterfall redemption method. This mechanism ensures that Type A unit holders receive returns before Type B unit holders. In cases where the NAV of the fund is lower than the initial investment value of the Type A units, holders may receive less than the initial amount. After the initial 10-year investment period, if the fund decides to raise more capital, extend the investment period, or redeem units, it will offer Type A unit holders the opportunity to adjust their investments accordingly.
Nantachot Rungsitwat, Fund Manager at MFC Securities, the fund’s management company, emphasized that the fund’s offering of Type A investment units would attract general investors seeking stable long-term returns through dividend distributions based on specific conditions. He added, “We believe that the offering of Type A investment units by the fund will appeal to general investors looking for consistent long-term returns in the form of dividend payments based on the securities in which the fund invests.”
Warning: Investing in the fund carries risks, and investors should thoroughly research the information provided in the prospectus and understand the product’s nature, return conditions, and risks before making investment decisions. The fund has a policy to hedge against exchange rate risks at its discretion. Investors may incur losses due to exchange rate fluctuations or receive lower returns than the initial investment amount. The fund does not offer guaranteed returns or investment proposals through private links. Please follow official booking channels directly from the fund.
