The abbreviation is often used for mutual funds

Have you ever wanted to start learning about mutual funds but got confused since the beginning because of lots of jargon and abbreviations? What to do if you do not understand a thing? This time, ACU PAY will provide you with the abbreviations which are often used for mutual funds. What are there? Let’s take a look together.

AIMC (Association of Investment Management Companies)

The Association of Investment Management Companies has registered and licensed as an association related to the investment management business from the Office of the Securities and Exchange Commission.

AUM (Asset under management)

The total asset value under the management of the company, whether it is deposits, investments, funds or money with the bank.

SSF (Super Saving Funds)

A fund to promote long-term savings.

RMF (Retirement Mutual Fund)

A fund for livinghood

DCA (Dollar Cost Averaging)

It is to gradually invest in installments with the same amount of money.

FIF (Foreign Investment Fund)

It is a fund that has a foreign investment policy.

IFF (Infrastructure Fund)

Infrastructure Fund is a type of fund that is set up to raise funds from general investors, both retail and institutional investors, to invest in infrastructure businesses.

NAV (Net Asset Value)

It is a net asset value or total investment value of the fund

S.D. (Standard Deviation)

It’s a value that indicates fund volatility.

SAA (Strategic Asset Allocation)

The strategies to determine the proportion of investments for long-term goals for how much and what assets will be distributed. The ratio of each asset follows its risk-taking ability and expected return, such as the 80/20 formula.

TAA (Tactical Asset Allocation)

This is a strategy to adjust the proportion of short-term investments following market conditions at a time

ETF (Exchange Traded Fund)

This is Index Fund, which has investment policies based on various indices such as stock markets, commodities and debt instruments

YTD (Year to Date)

It is the period from the beginning of the current year to the present day.

บลจ. (บริษัทหลักทรัพย์จัดการกองทุน)

Companies Authorized by the Securities and Exchange Commission (SEC) will manage clients’ money in the form of mutual funds, private funds and provident funds

บลน. (บริษัทหลักทรัพย์นายหน้าซื้อขายหน่วยลงทุน)

It will act as a broker for investment funds from several asset management companies.

Hopefully, these examples of abbreviations will give you a better understanding of investing in mutual funds.

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