By introducing KF-MINCOME, Krungsri Asset Management Company Limited is offering a new investment option that realizes three facets of opportunities from investments in a single fund, i.e. access to cash flow, consistent income generation, and growth of investment capital. The Fund’s IPO will take place between the 3rd and 9th of August.
Ms. Siriporn Sinacharoen, Managing Director of Krungsri Asset Management Co., Ltd. (“Krungsri Asset Management”), revealed that “Krungsri Asset Management will launch the Krungsri Global Multi Asset Income Hedged Fund (KF-MINCOME)”, which is designed for responding to the needs of investors who wish to increase the probability of generating high and consistent returns on investments despite the current economic environment whereby investors are constantly facing challenges that impede upon the ability to generate cash flow returns due to low interest rates, and the ability to obtain consistent returns as a result of amplified market fluctuations, as well as challenges to investment capital growth.”
“KF-MINCOME’s policy is to invest in a foreign fund named “Fidelity Funds – Global Multi Asset Income Fund” (master fund), which is has a number of strengths, such as diversification strategy whereby investments are made in more than 4,000 assets of various types, with less than 1% being allocated for each type of security in order to diversify risks associated with investment portfolio. The Fund also distributes its investments to various regions, allocating more than 20% of its investments in Asia due to its political stability and high growth potential in the long term. Fidelity Fund also has a distinct expertise in analyzing and conducting research in Asia. In addition, the master fund takes a very flexible approach to investment management that is suitable for the market conditions. The cash flow forms the basis for the consideration of the investments, and particular importance is given to the establishment of a balance between returns and the accompanying risks in order to find the best investment opportunities for generating sustainable income on the basis of minimized fluctuations.”
“Another strength of the master fund is the fact that it is managed by Fidelity International, one of the biggest fund management companies in the world which has received over 170 awards from numerous leading institutions. It has won 86 awards in Europe and 84 awards in Asia, such as the Morning Star Award and Thomson Reuter Lipper Fund Award. This demonstrates the quality of the management of the fund and provision of services.” (Source: Fidelity International on 19 May 2017/ these awards are not related to the ratings of the Association of Investment Management Companies (AIMC) in any way whatsoever/Past performance is not an indicative of future performance.)”
“Krungsri Asset Management believes that KF-INCOME is another interesting option for investors who are looking for monthly returns that would be parallel to the growth of the total returns. Investors may consider allocating a portion of the investment capital for investing in such Fund in order to more efficiently manage their investment portfolio and ensure that they invest in a wider variety of assets so as to increase the probability of obtaining high and consistent returns in the economic cycle,” said Ms. Siriporn.
KF-INCOME has a policy to invest in a foreign fund named “Fidelity Funds – Global Multi Asset Income Fund” (master fund), which allocates at least 80% of the NAV in each accounting year, is categorized as a fund with a level 5 - moderate to high risk, whereby the exchange rate risks are fully-hedged.
For more information, please contact Krungsri Asset Management at Tel. No. 02-657-5757, or www.krungsriasset.com, or any Bank of Ayudhya branch.”
Please study fund features, performance, and risk before investing.
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The Fund and/or Master Fund may invest in or make available a forward contract to enhance efficiency in investment management. This means the Fund may contain higher risks than other funds and the Master Fund may have risks from economic and/or political and/or social changes in the country where the Master Fund invested in.
The Thai Fund and/or the master fund may invest in or have non-investment grade debt instruments or unrated securities. Investors may be exposed to the risks associated with the payment default of the issuer of those instruments, which may result in losses, whether in whole or in part. The redemption of the investment units may not result in returns as per the amount specified in the project management scheme.
The Fund will use risk-hedging tools for fully hedging the risks associated with the foreign currency exchange rate, which may incur costs from those risk prevention transactions and cause the overall returns to decrease by a small amount.