The SCBNext(SSF) Fund is an investment option designed for long-term investors in Thailand, offering a blend of growth and income potential while taking advantage of the Social Security Fund (SSF) tax benefits. Managed by SCB Asset Management, this fund aims to provide a strategic mix of equities and fixed-income securities, allowing investors to diversify their portfolios while benefiting from tax deductions on contributions to retirement savings. The SCBNext(SSF) Fund is tailored to individuals seeking to invest for retirement or other long-term financial goals while optimizing their tax situation.

Overview of the SCBNext(SSF) Fund

The SCBNext(SSF) Fund is a balanced mutual fund that invests in a combination of domestic and international equities, as well as fixed-income securities such as bonds. The fund is designed to provide steady growth over the long term, with the added benefit of tax deductions under the SSF scheme. The fund is actively managed by a team of professional portfolio managers, who make decisions based on market trends, economic conditions, and the fund's investment strategy.

The SSF scheme, which is part of Thailand's broader retirement savings initiative, allows investors to deduct contributions of up to 30% of annual income from their taxable income, with a maximum limit of 200,000 Baht. This feature makes the SCBNext(SSF) Fund an attractive option for individuals looking to grow their wealth while benefiting from tax incentives.

Objectives and Investment Strategy

The primary objective of the SCBNext(SSF) Fund is to provide investors with long-term capital growth and income generation through a diversified investment approach. The fund aims to achieve this by investing in a blend of asset classes, including equities for growth and fixed-income securities for stability and income.

Key elements of the fund's strategy include:

• Diversification Across Asset Classes: The SCBNext(SSF) Fund invests in a mix of equities (stocks) and fixed-income assets (bonds). This diversification helps reduce risk while capturing growth opportunities from both markets.

• Tax Benefits for Retirement Planning: Contributions to the fund are eligible for tax deductions under Thailand’s SSF scheme, making it a powerful tool for retirement planning. Investors can enjoy potential tax savings while investing for the future.

• Active Management: The fund is actively managed, meaning that the portfolio managers adjust the fund's asset allocation based on changing market conditions and economic outlooks. This allows the fund to take advantage of opportunities and mitigate risks in dynamic market environments.

• Risk Control: The SCBNext(SSF) Fund balances its investment between higher-risk equities and lower-risk bonds to provide a stable return while managing volatility. shutdown123