“Thailand’s expansion has slowed this decade, averaging 3 percent through 2016 compared with 4.6 percent in the 10 years through 2010,” according to Bloomberg. “Prime Minister Prayuth Chan-Ocha is increasing spending to a record in fiscal year 2018 which started in October while pushing ahead on a $46 billion infrastructure plan including a high-speed rail venture with China and mass transit lines in Bangkok to boost growth.”
THD has a three-year standard deviation of 13.25%, putting it on the lower end of emerging markets single-country ETFs. The ETF has a trailing 12-month dividend yield of 2%.
“The military, which has held power since a coup in 2014, said it’s on course for an election in November, although doubts remain. The Bank of Thailand has held its benchmark rate near a record-low 1.5 percent since 2015 and most economists predict no change through 2018 though some forecast an increase,” according to Bloomberg.
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