BBL Asset Management (BBLAM) is issuing a new mutual fund, the Bualuang Infrastructure Retirement Mutual Fund. This fund will invest at least 65 percent of its net asset value (NAV) in shares of companies with businesses linked to Thailand’s infrastructural development. Investors may subscribe to the fund in the initial public offering (IPO) from May 7-21, 2008, at a price of 10 Bt per unit. After the IPO, investors may buy the units at the market price.

The fund will invest at least 65 percent of its NAV in infrastructure-related businesses such as energy, basic utilities, property development, building materials, transport and logistics, information technology, and communications. The remainder of the fund will be invested in other equities and/or in debt instruments, deposits, securities, other assets, or other profit generating means approved by the Securities and Exchange Commission (SEC). The fund will not invest in derivatives or structured notes.

To obtain the fund's prospectus or more details, please contact a Bangkok Bank branch (except Microbranches) or call Bualuang Phone at Tel. 1333 or BBLAM at Tel. 0-2679-6400 

*Investment in mutual funds contains certain risk. Before investing, please carefully study the prospectus of the fund.