The fears over an extension of the LTF seem to have finally abated as the Finance Ministry decided to extend the period for another 3 years, but with a little catch this time. In the past…

The lock-up period for investment in LTFs has been extended from the previous five calendar years to the date of purchase until a full five years at a minimum.

And as the article writes and as many of us have done…

“…some LTF holders in practice held units for slightly more than three full calendar years, buying the units as year-end approached and redeeming them early in the fifth year.”

Oh well there goes that nice little trade.

Source: Bangkok Post