Krungsri increases management fees for 62 funds

[Zaphod Priest]

Krungsri, being greedy, has announced it's increasing the management fee for 62 of its funds (all share classes) by 25%.

 

List of affected funds at https://www.krungsriasset.com/getattachment/a832c48f-0b24-4097-ae35-8b584eb4b4fa/62funds_increase man fee_EN

 

GIven that many (most?) of these funds simply invest in overseas funds, they're going to be charging 1.25% + VAT for doing pretty much sweet Fanny Adams.

[TroubleandGrumpy]

mate - the banks in Thailand are probably the most greedy in the world - and are severely under-managed by the Govt. But we all know why - and should know the names of the Thainese families that own the banks.