Post by account_disabled on Dec 26, 2023 2:12:52 GMT -5
Mr. Navin Inthasombat Chief Investment Officer (Deputy Managing Director) Foreign Investment Management Division), Kasikorn Asset Management Company Limited (Kasikorn Asset Management Company Limited) revealed that after the Term Fund Plus fund under the name K Foreign Fixed Income Fund 2021A (KFF21A) opened for sale on first which has received continued interest and good response from investors As a result, the fund can close sales quickly in only 6 hours. Total value is 2,290 million baht (information as of July 10, 2020). Kasikorn Asset Management is preparing to launch the next new fund for sale soon. Mr. Navin further said that The main reason why Term Fund Plus has received so much attention from investors There are supporting factors from 1) deposit interest rates around the world are still at a low level. making it less interesting and 2).
The overall market condition is still quite volatile due to the conflict between the United States and China. Including the COVID-19 crisis, which is still spreading in a second wave after many Phone Number List countries began to loosen their lockdowns. Therefore, debt instruments are considered safer and more attractive assets compared to traditional assets. Others “Term Fund Plus is different from general Term Funds in terms of management. The amount of assets invested and the expected rate of return are higher. The Term Fund Plus fund is in cooperation with Invesco Hong Kong, a world-leading asset management company that manages over USD 372 billion in fixed income assets. By a team of fund managers with high experience in managing debt instruments. The managed funds have never had a history of defaulting on their debts.
In addition, the core fund manager team has received awards. Best-in-class in the Asia Fixed Income category from Benchmark Fund of the Year Awards 2017 (Source: Invesco as of 30 Sep. 2019) managed through a master fund that focuses on investing in good quality debt instruments around the world, more than 80 instruments. Including some High Yield Bonds and using the Buy & Maintain strategy that aims to buy and hold until the maturity of the instrument. To create an opportunity to receive returns as expected along with closely monitoring risks It is a proportion of not less than 70% of the portfolio. For the remaining investment proportion, Kasikorn Asset Management Co., Ltd. will take on management duties by diversifying investments in foreign deposits. To reduce the risk of volatility,” Mr. Navin said. Mr. Navin added that the Term Fund Plus fund will be offered for sale to investors on a monthly basis.
The overall market condition is still quite volatile due to the conflict between the United States and China. Including the COVID-19 crisis, which is still spreading in a second wave after many Phone Number List countries began to loosen their lockdowns. Therefore, debt instruments are considered safer and more attractive assets compared to traditional assets. Others “Term Fund Plus is different from general Term Funds in terms of management. The amount of assets invested and the expected rate of return are higher. The Term Fund Plus fund is in cooperation with Invesco Hong Kong, a world-leading asset management company that manages over USD 372 billion in fixed income assets. By a team of fund managers with high experience in managing debt instruments. The managed funds have never had a history of defaulting on their debts.
In addition, the core fund manager team has received awards. Best-in-class in the Asia Fixed Income category from Benchmark Fund of the Year Awards 2017 (Source: Invesco as of 30 Sep. 2019) managed through a master fund that focuses on investing in good quality debt instruments around the world, more than 80 instruments. Including some High Yield Bonds and using the Buy & Maintain strategy that aims to buy and hold until the maturity of the instrument. To create an opportunity to receive returns as expected along with closely monitoring risks It is a proportion of not less than 70% of the portfolio. For the remaining investment proportion, Kasikorn Asset Management Co., Ltd. will take on management duties by diversifying investments in foreign deposits. To reduce the risk of volatility,” Mr. Navin said. Mr. Navin added that the Term Fund Plus fund will be offered for sale to investors on a monthly basis.