and Exchange Commission No. So alternative assets, such as REITs/infrastructure funds/ property funds/ private equity/ commodity indices/ gold/crude oil, at an average of not less than 80% of NAV in an

. Equity Market Outlook 2008 The Thai stock market is expected to be volatile in 2008. Risk factors include concerns over stability of the new government, the world's higher crude oil price due to increasing

pressure on both economic stability and economic expansion, as the country is sensitive to the price of oil. Looking forward to 2005, considerable concern has followed the increase in price of US crude oil