ING THAI ASIAN USD BOND FUND

ING THAI ASIAN USD BOND FUND

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Company Overview
The company is a privately owned enterprise engaged as a non banking credit institution. It conducts its business from its registered office that is located in Bangkok, Thailand.
The company is primarily involved as an open-ended fund enterprise. It raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Its objective is to invest proceeds from institutional and public investors in debt instruments, other financial instruments, and deposits in foreign markets for more investment opportunities and risk diversification by investing in various securities in foreign markets.
The company actively operates in the domestic and international market.
Business Summary
Non Banking Credit Institution
Description and history
The Fund was registered with the Office of the Securities and Exchange Commission (SEC) with the registered fund value in the amount of Baht 920 million (divided into 92 million units, Baht 10 each). The Fund is an interval specific open-end fixed income fund without a purpose to maintain the rate of investment as per the SEC stipulation and without the specific duration of the Fund.

The Fund is managed by ING Funds (Thailand) Company Limited with ING Investment Management Asia Pacific (Hong Kong) Pte Ltd. as a co-manager. The Fund’s policy is to primarily make investments in Asian USD bonds issued by governments, state enterprises, government organizations, semi-government organizations, or private companies with stable financial position and high growth outlook. Therefore, most assets of the Fund are in US dollar currency. However, the Fund’s manager will maintain Thai Baht currency account for liquidity administration purpose, including the payments for the fees or other expenses of the Fund.

Business Line
Engaged as a non banking credit institution
Subsidiary

Advisor
ANS AUDIT COMPANY LIMITED
IPO date
5/28/2002
US SIC Code
6159
Company Address
130-132 WIRELESS ROAD, LUMPINI
SINDHORN BUILDING TOWER 3, FLOOR 17
City province or state postal code
BANGKOK
Phone:
Fax:
Country address: THAILAND
Website url: www.ingfundsthai.com