TTB launches ES-ULTIMATE GAIF fund, targeting 7% annual returns
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TMBThanachart Bank, or TTB, has launched the ES-ULTIMATE GAIF fund, the Eastspring Ultimate Global Allocation Income Focus Fund, a risk level 5 fund aimed at generating cash flow alongside asset growth opportunities, with a target total return of about 7% per year and a recommended investment horizon of three years or more. Kanokwan Phetphisitchot, Head of the Product Management Group for Banking Transactions and Wealth at TTB, said the ES-ULTIMATE GA Series of risk level 5 funds had combined net asset value exceeding 50 billion baht as of September 25, 2026, and the new fund builds on that success. Yingyong Jiarawutthi, Deputy Managing Director of the Investment Management Division at Eastspring Asset Management (Thailand), said the fund is actively managed by Amundi Asset Management, diversifying across global equities and global fixed income, with a volatility management strategy using ELN and assets that help enhance liquidity.