Krungsri Asset Management wins two fund awards from Morningstar Thailand

16 March 2018
 
Krungsri Asset Management Co., Ltd. reveals its secret to success – using the “bottom-up” approach with emphasis on an active management based on in-depth analyses of the actual value of the securities and appropriate adjustments to the investment proportion – all of which pushed two of the funds to win two  awards from Morningstar Thailand Fund Awards 2018, which reaffirm Krungsri Asset Management’s position as the leader of equities funds managers in the market.
 
Ms. Siriporn Sinacharoen, Managing Director of Krungsri Asset Management, revealed that “the funds managed by Krungsri Asset Management showed outstanding results.  Most recently, two of the funds under our management received awards of excellence from the Morningstar Thailand Fund Awards 2018, namely, Krungsri Dynamic Fund (KFDYNAMIC) for Thailand Equity Small/Mid Cap and Krungsri Equity RMF (KFEQRMF) for Retirement Mutual Fund – Equity.
 
She added that “Krungsri Dynamic Fund (KFDYNAMIC) focuses on investments in equities of between 15 to 20 companies that were selected based on their core factors and potential for growth with no restriction on the type of equities. Therefore, it is able to invest in small/mid cap or large equities, provided that the same demonstrates the likelihood for dividend payment or potential for growth, as well as the ability to adjust the portfolio depending on the then current situations.  For instance, if the Fund Manager is of the view that the economy is in a period of continuous recovery, it will adjust the investment portfolio in order to make investments in equities with a high growth potential.  Alternatively, if the Fund Manager is of the view that the stock market is in a period of high risk, then the portfolio may be adjusted such that investments are more focused on equities with low fluctuations and high rate of dividend payment.”
“The average performance of KFDYNAMIC for the retroactive period of one year, three years, and five years is 40.67%, 18.70%, and 10.65%, respectively.  The benchmark for the average performance for those periods are 17.31%, 8.84%, and 8.16%, respectively.  KFDYNAMIC is also in the top quartile in terms of the performance along equity funds.” (Source: Morningstar Thailand on 31 December 2017/ the historical operational results do not guarantee the future operational results).
 
Krungsri Equity RMF (KFEQRMF) focuses on investments in equities with a high growth potential for obtaining high returns from the difference in the share price.  The shares selected for investment are those with operational trends that are higher than the market rate with no size restriction on the equities.  The average performance of KFEQRMF for the retroactive period of one year, three years, and five years is 31.71%, 12.94%, and 9.78%, respectively.  The benchmark for the average performance for those periods are 17.31%, 8.84%, and 8.16%, respectively.” (Source: Morningstar Thailand on 31 December 2017/ the historical operational results do not guarantee the future operational results)
 
“Krungsri Asset Management offers a wide variety of equities funds from which investors can choose based on their needs, and also diversifies the risks of its investment portfolio. For example, investors who prefer the investment strategy of KFDYNAMIC and want to receive dividends can opt to invest in Krungsri Dynamic Dividend Fund (KFDNM-D).  If investors wish to invest in another fund with a similar management style, but prefer a more diversified securities investment portfolio, they can choose to invest in Krungsri Thai All Stars Equity Fund, which offer both a dividend payment option (KFTSTAR-D) as well as a no-dividend payment option (KFTSTAR-A).  With over 12 years of experience, the Management Team possesses the expertise in managing investment portfolios comprising all types of equities (Source: Krungsri Asset Management as at 28 February 2018). The Management Team uses a “bottom-up” approach with emphasis on an active management based on in-depth analyses of the actual value of the securities and appropriate adjustments to the investment proportion – all of which contributed to the continuously outstanding performance of the funds under its management. However, the target of the Management Company is not to generate high returns in the short term, but to give importance to the maintenance of a consistent standard of high returns in the long term under appropriate levels of risk exposure.”
“With respect to the outlook of the investment economy, Krungsri Asset Management expects that, this year, the Thai economy will expand even more than that observed in the previous year due to the trend for improved global economy. The domestic economy will be continuously strengthened, buttressed by revenues from tourism, exports, investments in public infrastructures, economic stimulus measures implemented by the Thai government, consumption growth of the private sector, and recovery of private investments. There may be some fluctuations in the market due to concerns regarding the increasing interest rate of the Federal Reserve Bank (USA) and US federal policies,” said Ms. Siriporn Sinacharoen.
 
For more information on the funds, please contact Krungsri Asset Management at Tel. No. 02-657-5757 or www.krungsriasset.com, or by contacting at any Bank of Auydhya branch.
 
Please study fund features, performance, risk, and tax manual before investing.
Past performance is not an indicative of future performance.
Rankings conducted by Morningstar Thailand are not related to the rankings conducted by AIMC.
 
  • KFDYNAMIC: Minimum of 80% of the NAV are invested in equities. Risk Level 6: High Risk.
  • KFEQRMF: Minimum of 80% of the NAV are invested in equities (on average). Risk Level 6: High Risk.  
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