The SCB FinTech SSF Fund is a unique investment vehicle that focuses on the rapidly growing financial technology (FinTech) sector, providing investors with an opportunity to capitalize on the evolving landscape of digital finance. Managed by SCB Asset Management, the fund targets companies involved in innovative financial services, including digital payments, online lending, blockchain technology, and more. It is designed as a Social Security Fund (SSF), which offers tax benefits for Thai investors, making it an attractive option for long-term investment with added tax incentives.

Overview of the SCB FinTech SSF Fund

The SCB FinTech SSF Fund is a thematic equity fund that focuses primarily on companies in the FinTech space. The fund’s goal is to invest in high-growth companies at the forefront of digital finance innovation. With the growing global adoption of digital financial services, the FinTech sector has seen rapid expansion, presenting significant investment opportunities.

As an SSF, the SCB FinTech Fund provides Thai investors with the added benefit of tax deductions on contributions, making it a more tax-efficient option for long-term investors. This fund is ideal for individuals who want exposure to the financial technology industry while taking advantage of the tax benefits available under Thailand’s Social Security Fund program.

Objectives and Investment Strategy

The primary objective of the SCB FinTech SSF Fund is to achieve long-term capital growth by investing in companies that are part of the FinTech ecosystem. The fund targets firms that are driving innovation in areas such as digital payments, peer-to-peer lending, blockchain, robo-advisory services, and more. By focusing on high-growth sectors, the fund aims to provide investors with above-average returns over time.

The key elements of the fund’s investment strategy include:

• Sector Focus: The fund specifically targets companies in the FinTech sector, which is rapidly transforming the financial services industry. Investments are made in companies that are shaping the future of finance, including those involved in digital banking, mobile payments, cryptocurrencies, and financial software.

• Growth Potential: The FinTech sector is expected to continue its strong growth trajectory due to increasing digitalization, the rise of mobile payments, and technological advancements. The fund invests in companies with high growth potential in this space.

• Diversification: To mitigate risk, the fund diversifies its portfolio across various sub-sectors within FinTech, including payments, lending platforms, blockchain technology, insurtech, and wealth management technology. This diversification helps reduce the impact of downturns in any single sub-sector.

• Tax Incentive: As a Social Security Fund, the SCB FinTech SSF offers tax benefits to Thai investors. Contributions to the fund are eligible for tax deductions of up to 30% of annual income, capped at 200,000 Baht, making it a tax-efficient investment choice shutdown123