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ThaiDEX SET50 ETF or TDEX is an
open-end fund listed on SET. The fund will invest in SET50 stocks
weighted by market capitalization.
 Buying
TDEX, is similar to buying 50 stocks at the same time.
TDEX
diversifies risk by investing in SET50 stocks through different
sectors such as Energy & Utilities, Banking, Construction Materials,
Information & Communication Technology, Transportation &
Logistics, etc.
TDEX
is similar to holding a stock. It’s easy to buy / sell. Investors
may buy / sell at any broker.
Trading
commission of TDEX is only 0.10 % compared to 0.25 % for stock.
TDEX
is transparent. One AM announces Portfolio Depository File (PDF)
everyday.
Investors
may find reference price of TDEX from its IIV
(Intraday Indicative Value). IIV calculates real value of TDEX
and is updated every 30 seconds by One AM.
Investors receive return on TDEX through;
Capital gain : Investors may receive capital gain
from a rise in the price of TDEX which corresponds to the increase
in the SET50 Index.
Dividend : investors may receive dividends, no
more than four times a year at a rate of not more than 100% of accumulated
profit or net profit of the interim accounting period to pay such
dividend, whereby such dividend payment will not cause the fund
to have an increase in accumulated loss in the interim accounting
period.
TDEX is a new alternative tool which diversifies risk, has low initial
investment and a low management fee. TDEX is suitable for new investors
who have no experience in securities trading.
Institutional investors may choose to apply core / satellite strategy
while TDEX represents SET50 Index, satellite parts reflect investors
picking individual stocks for higher return. Moreover, once new
money flows in, investors may utilize TDEX to track its benchmark.
TDEX is also commonly used for hedging purposes.
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TDEX |
SET50
Index Fund |
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Pricing |
Continuous pricing |
At
the end of day’s price |
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Channel |
Brokers |
Fund
houses or agents |
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Market
/ Limit / Short Orders |
Possible |
No |
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Buy
on margin |
Possible |
No |
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Management
fee |
Low (0.40 % p.a.) |
Low
– moderate (0.55 - 0.70 % p.a.) |
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Long-term
investment |
Appropriate |
Appropriate |
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