Bangkok, GPF explains that it has not invested in the URBNPF mutual fund after the SET issued a warning to be careful of investing. The rental contract may be terminated. and disbanding mutual funds, emphasizing GPF members' concerns Mr. Songphon Chewapanyaroj Secretary-General of the Government Pension Fund Board (GPF) revealed that according to the Stock Exchange Warn investors to use caution before deciding to invest in securities trading. Urbana Real Estate Leasehold Property Fund (URBNPF) because the fund may have an event of termination of the leasehold right contract and dissolve the mutual fund. GPF would like to inform you that GPF does not invest in URBNPF mutual funds and will not be affected if the value of such mutual funds equals zero. The GPF has invested approximately 4,600 million baht in Thai real estate funds, accounting for 0.97 percent of member funds (information as of 29 Feb. 2024). The GPF has closely followed the investment situation. There is always a review of investment assets. a nd focuses on investing in investment units of property funds (Property Fund), real estate investment trusts (REIT), investment units of infrastructure funds. (Infrastructure Fund) with a market value of more than 5,000 million baht. GPF must invest in assets that are freehold or have leasehold rights (Leasehold) with a remaining life of not less than 15 years and with income not concentrated with Only one tenant GPF has a goal of investing to create good long-term returns for its members. and invest within the specified investment framework Therefore, we ask members to relieve their concerns. Source: Thai News Agency