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Annual Report
2015
Thai Trust Fund Management Co., Ltd.
The Thai Trust Fund Management Co., Ltd. (TTF) was established on December 17, 1996 by
The Stock Exchange of Thailand (SET) to promote foreign investment in the Thai capital market by
providingforeignerswith another channel for investing inThai listed shares throughmutual funds.
Operations
TTF was licensed by the Securities and Exchange
Commission (SEC) and is managed by SET and Thailand Securities
Depository Co., Ltd. (TSD). TTF is a passive management
arrangement. When an investor places a bid through a broker,
TTF will place a corresponding order to buy the underlying
shares and then will issue units to the investor. TTF will not
exercise its voting rights except on motions to delist the
underlying shares from SET. The main function of TTF is to
look after the financial benefits of unit holders on dividends
and right issues. TTF functions as an open-ended fund, and
invests in shares of any listed company. The mutual funds are
considered to be Thai juristic entities even though foreigners
own all of the fund’s units.
Registered capital and
organizational management
TTF has a total registed capital of THB 100 Million, 100%
wholly owned by SET.
Supervisor of the Mutual Fund
Thai Military Bank pcl.
Board of Directors
Kesara
Manchusree
Chairman
Supakit
Jirapraditkul
Member
Yupawan
Sirichainarumitr Member