Investing in Thailand – DIF.BK

Some trends are in plain eyesight and yet often disregarded by investors. This is especially true for digital infrastructure. While we often assume that things like 3G, 4G, 5G, wi-fi, broadband access, etc. are already everywhere, we are only scratching the surface of what this industry is about to grow into. From industry 4.0 to smart cities. This is a market that should not be missed in any investors portfolio. And one such a stock in Thailand to add is DIF.

DIF is the shortcut for Digital Infrastructure Fund, and the company does pretty much what the name says. Putting money into relevant infrastructure projects. Or as they describe it on their website HERE:

Digital Telecommunications Infrastructure Fund (DIF) (Previous Name: TRUE Telecommunications Growth Infrastructure Fund (TRUEIF)) is Thailand’s first telecommunication infrastructure fund offering opportunity for everyone to invest in telecommunication infrastructure which experiences constant growth and therefore allows investors to enjoy recurring incomes while simultaneously helps developing the sharing of telecommunication infrastructure. 

The Fund has been established with a view to raise funds from investors via both domestic and international offerings. The funds raised from the offerings will be used to invest primarily in infrastructure businesses, particularly in telecommunications infrastructure assets that cover the entire country such as telecommunication tower, fiber optic cable, transmission equipment, broadband system and/or incomes generated from the businesses.

Units of the Fund has been listed and traded in the SET since December 27, 2013.

This gives you a broad overview, but to go a little more into detail and which areas specifically are concerned, the fund is getting involved in the following sectors:

  • Railway or Pipeline Transportation
  • Electrical Grid
  • Waterworks
  • Road, Expressway, or Concession Way
  • Airport or Airfield
  • Deep Sea Port
  • Telecommunications or Telecommunication-Related Infrastructure and Communications
  • Alternative Energy
  • Water Management/ Irrigation
  • Natural-disaster prevention system including the alert and management systems to mitigate the intensity of such natural disaster
  • Waste Management

As we know, most of these areas in Thailand are under strict control and funding by the government, so the income is pretty reliable and the investment yield is high. At the time of writing these lines, the dividend yield is 8.35%.

Another cherry on top: This is one of the few stocks in Thailand that is paying a quarterly dividend. Every March, June, September and December this reliable dividend is being transferred to your account, and as we experienced over the last 2 years, it’s COVID-resistant.

A solid pick for passive income and hopefully another piece of the puzzle to reach financial independence.

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