Mr. Jumpon Saimala Chief Executive Officer Principal Asset Management revealed that the situation of the coronavirus infection (COVID-19) infection is occurring around the world. Although it affects the overall economy and broad business in almost every industry. But it was found that there are some businesses that have received positive results and have been able to grow remarkably over the past 1 year, especially those that are the trend of the future world and help facilitate various aspects of the people. Consumers, for example, Cloud Computing businesses that benefit from the proliferation of social media. As a result, the use of Cloud Computing has become an essential part of daily life and work in the world’s mega-trend digital age. Especially in the e-commerce business, studying and working online.
While Education Technology or education businesses that leverage technology have developed service models such as tutoring businesses on online platforms that have grown significantly in popularity during the COVID-19 epidemic. This is because most educational institutions are unable to open the normal course of study. It was also found that more employees and laborers used educational applications. To modify skills to support the world of the future or to develop existing skills to be more proficient (Reskill & Upskill) without disrupting the work No need to spend time traveling As a result, the business has grown well in the past.
Even now, a vaccine against COVID-19 has been developed. Successfully However, it is estimated that the business of the future world will continue to grow. The key factor comes from the strength of the said business that is the ease of access and use of the service. It saves time and reduces business costs, complies with ResearchAndMarkets.com. Forecasts that the cloud computing business in 2020? 2027 will increase from $ 264.8 billion in 2020 to $ 927.51 billion in 2027 or an average growth of 16.4% per year. Global Digital Education in 2020? 2027 is expected to grow 22.7% per year.
Mr. Chumpon said that from this trend, he recommended options for investing in future stocks through two mutual funds, namely Principal Global Cloud Computing Fund or Principal Global Cloud Computing Fund (PRINCIPAL GCLOUD). PRINCIPAL GCLOUD-A provides a 13.43% return since the inception of the fund (12 October 2020), close to the underlying index with a yield of 13.73% (as of 30 December 2020) and introduces the Principal Global Education Fund. Tech or Principal Global Education Tech Fund (PRINCIPAL GEDTECH) provided by PRINCIPAL GEDTECH? A provides a 3-month historical return of 10.80% higher than the underlying index. That yields 9.66% returns (as of 30 December 2020)
For PRINCIPAL GCLOUD is a Feeder Fund that invests in foreign mutual funds “WisdomTree Cloud Computing UCITs ETF? Listed on the London Stock Exchange, Managed by Wisdom Tree Management Ltd, one of the leading ETF’s, focuses on passive management strategies to generate returns similar to the benchmark index, the BVP NASDAQ Emerging Cloud NTR Index.
By selecting the shares of companies with the main income from cloud services and having a growth rate of at least 15% of the past 2 years per year and using other screening and monitoring criteria. To increase investment efficiency Investment companies include Zoom Video Communications, the world’s number 1 leader in online video conferencing, Shopify, an integrated e-commerce solutions provider for online merchandising, Adobe, creative cloud leader. The answer to the digital media world, resulting in WisdomTree Cloud Computing UCITs ETFs yield 102.63% returns.
As for PRINCIPAL GEDTECH, it is a Feeder Fund that invests in the Credit Suisse (Lux) Edutainment Equity Fund that focuses on stocks of businesses with major income from modern education-related products and services. Both courses for students and students and the general public Who want to build new skills And has a device to enhance education There are stocks to choose from, such as 2U – Innovative Services, an online learning platform with partnerships with some of the world’s leading universities, Chegg – Digital Content Platform for renting, borrowing, selling books online. Providing online tutoring equipment and student solutions, CAE – System and Tools provides Medical Simulator, Prevention and Security training. And civil aviation, the world leader in service Virtual-to-live, etc. In 2020, Credit Suisse (Lux) Edutainment Equity Fund generates a return of 23.32%.
“Cloud Computing and Education Technology businesses are becoming the world’s fundamentals. Which has the demand for services and the increasing rate of growth due to the changing of lifestyle in the digital age Increased internet access, greatly increased use of Big Data. Introduce investment proportion in Principal Global Cloud Computing Fund (PRINCIPAL GCLOUD) and Principal Global Education Tech Fund (PRINCIPAL GEDTECH) in investment portfolio. For opportunities to create good returns that grow along with innovative technologies of the future, “said Chumpon.
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