Krungsri Asset Management Company Limited led by Miss Siriporn Sinacharoen, Managing Director arranged a seminar launching a new fund, Krungsri Thai All Stars Equity Dividend Fund (KFTSTAR-D) presenting its potential for good investment return from all types of Thai stocks with the active management strategy in all market situations. This is to create an opportunity to gain higher returns than those in the market. IPO is from 6-16 March 2017.

Miss Siriporn said, "The Company still has a positive outlook for medium and long-term investment in the Thai stock market. This is because the Thai economy is enjoying a steady growth and greater strength and is benefiting from a large amount of money from the investment in infrastructure and spending by the public sector, good recovery of the tourism sector, as well as the beginning of the recovery of the export sector, with agricultural products being its main driver."

"In addition, investment money from foreign investors began to return to the Thai stock market. Net foreign investment in 2016 remained positive through early January 2017. This year, in the TIP Market (consisting of Thailand, Indonesia, and the Philippines), the price-earnings (PE) ratio of 15.3 of the Thai stock market was the lowest, while that of its Indonesian and Philippine counterparts represented 16.4 and 17.3, respectively. It is expected that the dividend rate offered by the Thai stock market will be the highest in the TIP Market. Net profits of Thai listed companies have a tendency to enjoy growth, which keeps the Thai stock market attractive. Moreover, the Thai economy’s direction and economic stimulation plans allow the Thai stock market to experience growth and create healthy long-term returns."

"Krungsri Asset Management has perceived opportunities for investment in the Thai stock market. Thus, we offer a new option, KFTSTAR-D, which is different from our existing funds focusing on a particular type of stock. When considering about Krungsri Asset Management’s stocks, you will find that we have funds with policies focusing on investment in dividend stocks, high-growth stocks, and mid-small cap stocks.  KFTSTAR-D uses the Blend Model strategy, which involves selecting star stocks from all groups of stocks, of any size and type. The investment can be made in dividend stocks, high-growth stocks, and mid-small cap stocks. We have learned that there is no stock always generating highest return in all periods. Therefore, we believe that, by using the Blend Model together with active management strategy, we will have a good opportunity to generate total returns that are higher than those in the stock market. The Fund focuses on stock investment in companies that are market leaders, have a strong financial position, are likely to enjoy continual, sustainable growth of net profits, and are inexpensive when considering the potential profit growth. Krungsri Asset Management has applied the same strategy to manage investment portfolios of Thai stocks for KFLTFAST-D, which was launched last November. KFLTFAST-D has shown good performance." (Source: Krungsri Asset Management, 3 March 2017). 

"With regards to returns on investment for Thai stocks from 2012 to 2016, each type of stocks generated a different rate of return each year. For example, in 2012, small-cap stocks yielded a maximum annual return of 58.65 percent. In 2013, mid-cap stocks generated a maximum annual return of -1.98 percent, and in 2014, small-cap stocks yielded a maximum annual return of 26.24 percent. (Data: Morningstar, as of 30 December 2016). Thus, diversification of investment across different types of stocks will enhance the chance of ensuring healthy returns in all market circumstances."

"KFTSTAR-D is suitable for investors who are looking for higher returns than dividend funds, like the KFSDIV Fund. This is because dividend funds focus on regular returns from dividends through stock investment rather than the growth of stock values. From 6-13 March 2017, the Company will waive the fees for switching from KFSDIV, KFVALUE, KFSEQ, and KFSEQ-D to KFTSTAR-D in order to encourage investors’ broader diversification."

"KFTSTAR-D has a policy on equity investment of at least 80 percent of the NAV, on average, within an accounting year. And the level of risk of the fund is 6: High risk”, Siriporn stated. 

 

Investors can inquire about additional details about the fund at Krungsri Fund Management Co., Ltd., Tel. 02-657-5757, www.krungsriasset.com, or at all any branch of Bank of Ayudhya.

Investors should study fund features, performance, and risk before making an investment decision.

Past performance does not guarantee a future result.

This mutual fund performance evaluation document has been prepared in compliance with the Association of Investment Management Companies’ standards for mutual fund performance evaluation.