SEC Proposes Adding GH Bank Lottery Tickets as Mutual Fund Investment Asset

Bangkok: The Securities and Exchange Commission (SEC) is holding a hearing to consider the inclusion of "Government Housing Bank Lottery Tickets" as an investment asset for mutual funds. This initiative is aimed at expanding investment options and enhancing portfolio management flexibility for mutual funds and provident funds.

According to Thai News Agency, the SEC is currently seeking public feedback on a draft regulation to incorporate "GH Bank Savings Bonds" into the asset class available for mutual funds and provident funds. This proposal is intended to enhance liquidity and maintain investment diversification. The public consultation period is set to conclude on September 2, 2026.

The move follows the Capital Market Supervisory Board's approval in June 2026, which endorsed the inclusion of Government Housing Bank (GHB) lottery tickets as investable assets for retail mutual funds, non-retail investor mutual funds, and provident funds. A public consultation on this principle was conducted from June 18 to July 18, 2026, and received unanimous support from respondents.

The SEC's draft regulation proposes classifying Government Housing Bank Savings Bonds as "deposits or instruments equivalent to deposits." This change aims to align investment criteria for funds with savings bonds issued by specialized state financial institutions, allowing for more flexible portfolio management while adhering to existing investment guidelines and disclosure requirements.

Asset management companies will still be required to follow strict risk control regulations. These include limiting investments in single asset issuers or within the same industry group to prevent concentration risk and ensure investor protection.

The SEC has made the consultation document available on its website and the central legal system, inviting stakeholders to study the proposal and submit comments via the provided online platforms or email until the consultation period ends on September 2, 2026.