JASIF - How to invest?

[YorkshireTyke]

A year or so ago someone explained how to invest in JASIF, I thought on this forum but despite many searches I can't find anything. Anyone here can explain what I need to do to invest in it? I've Googled it also but still can't find the details I need. TIA.

[Oxx]

Open a brokerage account.  (There's a list of brokers at https://www.set.or.th/set/memberlist.do?language=en&country=US ).

 

Deposit money in the brokerage account (or link the account with your bank account using ATS).

 

Place an order to purchase JASIF.

 

(I do hope you're not being attracted by the 8.85% dividend.  It's not sustainable.)

[YorkshireTyke]

7 hours ago, Oxx said:

 

(I do hope you're not being attracted by the 8.85% dividend.  It's not sustainable.)

I presume it's the only reason anyone invests with them ?

[Oxx]

No.  There are people (including a well known language school owner and self-proclaimed investment guru) who believe(d) the share price will go up, giving capital appreciation.

 

 

[YorkshireTyke]

OK, thanks Oxx, just read all 9 pages! But when I searched for JASIF I got nil results.

 

2 people have mentioned buying in to it for the quarterly dividends, one on another forum recently.

 

I will have to stick with my UK fixed term accounts at only 2%   ????

[moontang]

IGR, IRT, SRET, GNL. all pay juicy dividends and are REITs.  

[Oxx]

In the property/infrastructure sector there are two mutual funds that I think are OK:  PHATRA PROP (or PHATRA PROP-D if you want dividend income and to pay tax upon it - yield 4.48%), and TMBPIPF (yield 4.48%).

 

Yes, the dividend yields are lower than JASIF, but you're getting diversification, the yields are better than your UK account, and you don't have FX risk.