Wan Asset Management short-term stock market correction At the moment of offering for sale of foreign trigger funds Revealing success and setting a new record after selling ONE-GLOBALTOP8M11 Full subscription amount of 4 billion baht in just 7 minutes until the need to use the Green Shoe Option to allocate additional units for the fourth time in a row, revealed within 1 month, generating fund sales. Trigger Fund, 8M Series, surpasses 10 billion baht, recommends investing in long-term stocks, themes Mid-small stocks and the China New Economy track the Covid-19 infection factor and technology stocks.
Pote Harinasuta, Chief Executive Officer of Wan Asset Management, revealed that the foreign stock market in the next week is likely to be volatile. From the financial statements, most listed companies around the world in the fourth quarter of last year reported mostly. While the US economic stimulus measures, the market has been fairly well aware. Hence, there will be short-term support factors for the share price and there may be some profit-taking force due to the sharply rising share price since the beginning of the year.
By the short term investment following this The market may have had some retracement. But see it as an opportunity to accumulate stocks with good growth prospects There are innovations to meet the needs of consumers, resulting in repeat purchases / service. Which leads to sustainable income growth In addition, high liquidity in the global financial system is a driving force behind the market, and we do not see any signs of a change in monetary policy direction and stimulus this year.
“Strategy to invest in trigger funds. Considered an opportunity to generate good returns. Because it is a short-term investment that is suitable for the current global stock market conditions. Recently, One Global Top 8M11 Fund (ONE-GLOBALTOP8M11) has set a new record for the foreign market trigger fund. With a total subscription amount of 4 billion baht within just 7 minutes and had to open another 600 million greens after the previous fund. ONE-GLOBALTOP8M10 There is a full subscription amount within a period of 20 minutes. However, if counting the amount of foreign trigger funds in the series 8M8 8M9 8M10 and 8M11 in just 1 month, One Asset Management has over 1 Ten billion baht is a success between Wan Asset Management and the Siam Commercial Bank Group. That have partnered to sell such trigger funds, “said Pote.
In terms of long-term investment, One Asset Management still recommends Mid-Small Cap Funds that tend to be more positive than Mega-Large Cap this year due to higher revenue growth rates. Meanwhile, prices have just risen before the Covid-19 outbreak last year. In addition, an interesting theme is China New Economy, as the Chinese economy has recovered most notably thanks to the purchasing power of the most populous domestic consumers. In the world While the share price to growth rate (PEG) compared to the large US stocks that have risen in price, there is still an opportunity to invest in Chinese stocks.
Continued monitoring factors are the number of new Covid-19 cases if they are declining due to strict lockdown measures and social distancing, along with many countries moving forward with their vaccinations. This could lead to the reopening of the city, however, the tech stocks may be under pressure after prices have rallied, with some investors who believe they will benefit if the city closes, along with if Expected first quarter profit this year. Came out just as close to the market expected or worse than expected
– .
