Mr. Narongsak Plonmechai Chief Executive Officer SCB Asset Management Company Limited or SCB Asset Management (SCBAM) Revealed that the company opened an offering for sale SCB Asia Opportunity Fund (SCB Asia Opportunity Fund: SCBAO), valued at 3,000 million baht, started offering for the first time from February 9 – 16, 2021 with a minimum investment of 1,000 baht, suitable for investors who can invest in the long term. Medium to long term Who want to invest in Asian stocks for investment portfolio growth opportunities
For the main factors that make the Asian market attractive This is due to the increasing consumption of China, the Asian market leading to higher GDP, as well as being driven by money injection to stimulate liquidity and lower central banks’ interest rates around the world. Past Along with the MSCI ACWI index, there are relatively few Asian shares compared to the higher Asian GDP. This reflects that Asian stocks have long-term growth opportunities, so choosing to invest in high-quality Asian stocks. It is an opportunity to generate a higher return on investment. And is likely to grow better compared to other markets around the world
For SCBAO funds, they are proactive funds. Invest in only one foreign mutual fund, Morgan Stanley Investment Funds (MS INVF) Asia Opportunity Fund (Master Fund), Z Accumulation unit type in US dollars. On average, in the fiscal year, not less than 80% of the net asset value of the fund managed by Morgan Stanley is registered under the laws of Luxembourg. Under UCITS, SCBAO aims to generate long-term returns from diversification into Asian stocks. (Excluding Japan) in various business groups that are likely to recover And expanding better than other regions With a large proportion of the population 58% of the total population It is considered a major driving force for the world economy. Focus on investment portfolios that are Approximately 20 – 40 high-conviction in good quality stocks and bought at an attractive price.
It also has a low turnover of approximately 20% -50% per year, with a focus on bottom-up stock selection under the investment framework that does not adhere to the underlying index (Benchmark Agnostic). The fund may invest in derivatives. (Derivatives) to hedge foreign exchange risk (Hedging) as appropriate for the circumstances of each moment. Which is up to the investment manager’s discretion
For master funds Managed by a team of expert fund managers And long investment experience in Asian stocks The team is encouraged to develop ideas and creativity. Under the concept of long-term investment, 3–5 years is the starting point and the foundation of investment.
With a focus on different perspectives and the analysis of investment insights. It covers stocks of all sizes, business groups and countries, and the investment process is also focused on businesses with sustainable business advantages. The main strength of the Master Fund is the opportunity to profit from Asian stocks. By identifying investment opportunities through quality stock selection, competitive advantage and disruptive change resistance, stocks stand out beyond the index. Attractive stocks lead to incremental returns
Including giving importance to stock valuation And taking into account the long-term value of stocks rather than the short-term effects, the Master Fund has a 3-month historical performance of 14.82% and 1 year at 51.80%, compared to the MSCI All Country Asia benchmark. ex Japan is 18.60% and 25.02% respectively (Source: Morgan Stanley as of 31 December 2020).
“In year 2564 This Asian stock market is one of the most interesting regions to invest. This is because Asian stock markets are likely to benefit from 3 The main factor is good news from the development of an antiviral vaccine. COVID-19, The growth of Semiconductor Cycle Which is likely to continue to expand further 3 – 4 The next year in the midst of technology 5G Rapidly growing And trade tensions between the US With China tends to be eased
Joe Biden’s trade-in measures will be transformed from tax measures to non-tariff measures. And the integration of trade instead As a result, the world trade volume improved. And it is a positive factor for Asian stock markets, although the technology war between the US With China, it remains an issue that needs to be monitored closely as Joe Biden continues to support a policy to exclude. Software, Applications Including technology 5G Of Chinese companies
However, from these factors together with the fundamentals of the stock market. As a result, Asian stock markets are still more attractive than world markets. Whether it is side Valuation And the expansion of profits With expected profits in the next 12 The next month remains positive. In addition, the currency is likely to appreciate more compared to the US dollar. As a result, capital flows are likely to continue to flow into Asian stock markets.” Mr. Narongsak said.
SCBAO is also one of the funds for the Chinese New Year campaign. “Investing wealth, fulfilling your hopes” under the theme of Heng Heng Leaps Focus on emerging market funds For potential growth opportunities Those interested can invest from today – 19 Feb 2021 through SCBAM Fund Click, SCB EASY App or all sales sponsors.
Every 50,000 baht investment will receive an investment unit of the SCB Machine Learning China All Share Fund (SCBMLCA) valued at 50 baht, up to 5,000 baht, and those investing through the SCB EASY App will receive an additional value of Central Group e-voucher. 100 baht when investing 100,000 baht or more (SCBMLCA fund is a equity fund issued by Chinese companies in 3 major markets of China: A-share market, H-share market and ADR market (risk level 6 Which may be higher than the individual’s acceptable risk)
–
