“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.

For more information on the Thai markets, visit our Thailand category.

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