B-flex

[plachon]

I have a few bob in an account I set up a few years ago when the interest rates dived to next to nothing, and I wanted something paying a bit better with some risk exposure, but not directly linked to the stock market.

So I set up something called a B-FLEX fund account with Bangkok Bank, which is mostly tied up in bonds and other debt instruments, with just a few stocks and a bit of cash included in the mix. In the last 3 years its been returning a steady 10-20 % return, until this year when it slowed down to a few % and now it's started sinking!

Just got a letter from BBL and it seems like the management company are in some kind of financial trouble, but i can't work out meaning of the finer points of the trouble (naturally its all in Thai).

So I wonder if there's any one else with a B-FLEX account and if so what the letter means in practice and even more importantly, is now a good time to get out of this fund and put it in a safer haven?