Supposed you have a strong market view that the SET will begin to recover six months from now after the bearish trend and wish to enhance your equity portfolio yield by investing in the SET50 Index Futures amounts to 2 times the current portfolio value of two million Baht.

Refer to SET50 Index Futures information provided, below.

SET50 Index Futures December 2021 contract Market Price is 950.00 and Settlement Date is December 30, 2021. Multiplier of Baht 200/Index Point.

Show ALL your Calculations.

1-What is the SET50 Index Futures total contract amount you wish to enter into?

2-How many SET50 Index Futures contracts do you need?

3-If on the Settlement Date, the value of your equity portfolio increases by 5% and the SET50 increases by 15%. Calculate your Net Profit or Loss on the settlement date?