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Provident Fund (PVD)
News/Announcement
Reduction of Policy Switching Fee for Provident Fund Members Who Switch Investment Policies More Than 4 Times per Year
16 March 2026
As previously announced on February 2, 2026, by Krungsri Asset Management Company Limited (“KSAM”), in its capacity as the management company of the provident fund, KSAM would charge a fee of 0.20 percent of the net asset value switched out for members who rebalance their investment policy more than four times per year, effective from April 1, 2026.
Subsequently, the Provident Fund Business Group Committee of the Association of Investment Management Companies resolved to adopt a new method of calculating the switching fee, whereby the fee shall be charged at the rate of 0.10 percent of the value switched out from the originating investment policy to the newly selected investment policy.
Subsequently, the Provident Fund Business Group Committee of the Association of Investment Management Companies resolved to adopt a new method of calculating the switching fee, whereby the fee shall be charged at the rate of 0.10 percent of the value switched out from the originating investment policy to the newly selected investment policy.
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