Thai Bourse To List Gold ETF Tracker

The Stock Exchange of Thailand is set to list the KTAM Gold ETF Tracker on its main board.

The Stock Exchange of Thailand (SET) is set to list the KTAM Gold ETF Tracker on its main board, Mondovisione reports. The gold-based fund is an open-end ETF and the first to track the price of gold in Thailand. The policy of the fund, which is managed by Krung Thai Asset Management, is to invest in units of the SPDR Gold Trust. Hua Seng Heng Gold Futures is the new fund’s market maker, while DBS Vickers Securities (Thailand), KGI Securities (Thailand) and KT ZMICO Securities are participating dealers.

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