The ES-SET50-A Fund primarily invests in the 50 stocks that make up the SET50 Index. These companies are selected based on their size, liquidity, and importance to the Thai economy. Some key sectors represented in the SET50 Index include:

1. Banking and Financial Services: Many of the top Thai banks and financial institutions are part of the index, offering a stable source of dividends and capital appreciation.

2. Energy and Utilities: Energy companies, such as those in the oil and natural gas sectors, make up a significant portion of the index, reflecting the importance of the energy industry in Thailand's economy.

3. Telecommunications: Thailand’s largest telecom companies are also featured in the SET50 Index, providing exposure to a growing sector driven by technological advancements.

4. Consumer Goods and Services: The index includes major consumer companies that are essential to the domestic economy, offering products and services across various sectors such as retail, food, and beverages.

Performance and Risk Factors

The performance of the ES-SET50-A Fund is directly linked to the performance of the SET50 Index. Investors can expect returns that closely mirror the returns of the index, subject to slight deviations due to management fees and operational costs. Since the fund is invested in large-cap, liquid stocks, it tends to be less volatile than smaller or more speculative investments.

However, the fund is still subject to several risk factors, including:

• Market Risk: Since the fund is linked to the SET50 Index, its performance is dependent on the overall health of the Thai stock market. Economic downturns or political instability can negatively affect the performance of the index and the fund.

• Sector Risk: While the fund is diversified, it still has significant exposure to certain sectors, such as energy and banking. Any negative developments within these sectors could impact the fund's returns.

• Currency Risk: For foreign investors, fluctuations in the value of the Thai Baht against other currencies could impact the value of the investment.  shutdown123