Investor Return – Mind the Gap ©2015 Morningstar, Inc. All rights reserved. Kittikun Tanaratpattanakit Investor Return – Mind the Gap Agenda 2 gBackground g The Real Test is Whether Investors Succeed
Clusters and Their Financial Literacy 14.55: Investor Return – Mind the Gap 15.25: Break 15.35: Trigger Funds: Trick or Treat 16.15: Open Discussion Thai Investor Clusters and Their Financial Literacy Arnond
1 8 July 2019 Subject: The entering into the transaction of requesting to return a license to use the spectrum and operate a television business of the subsidiary of the Company (Spring 26 Company
return (CAR) for an event window [𝑇1, 𝑇2] 𝐶𝐴𝑅𝑖; 𝑇1,𝑇2 = 𝑡=𝑇1 𝑇2 𝐴𝑅𝑖,𝑡 Cumulative average abnormal return (CAAR) across all stocks (N) 𝐶𝐴𝐴𝑅𝑇1,𝑇2 = σ𝑖=1 𝑁 𝐶𝐴𝑅𝑖; 𝑇1,𝑇2 𝑁
return, except for estimated return specified in Clause 9; (3) information that urges investors to purchase investment units within a certain timeframe or by a certain time, except for the advertisement of
advertisement shall not contain the followings: (1) information that is false, exaggerating or misleading; (2) information and estimated return, except for estimated return specified in Clause 9; (3) information
: managers or markets Trackers: low-cost investment Strategic Beta: beyond cap-weighting 4 4 Typical fee rate could take more than one-third of the return over a long-term investment horizon. • With 4
must be approved by the Office prior to distribution: (1) advertisement related to estimated return; (2) advertisement related to auto-redemption rate; (3) advertisement for which the Office directs the
estimated return; (2) advertisement related to auto-redemption rate; (3) advertisement for which the Office directs the securities company to obtain prior approval in accordance with Clause 19. In cases where
funds 53 IPO size IPO size 93 78 91 56 79 20 18 59 48 38 47 Source: Morningstar complied by Research Department of Thai SEC Product values: 4 Target return at X% in Y months • Set a clear target return