Krungsri Asset Management launches two US equity funds to capitalize on the growth opportunities of market leaders.

Ms. Supaporn Leenabanjong The Managing Director of Krungsri Asset Management Co., Ltd. stated, “Although the S&P 500 is one of the most popular stock indices in the world, market returns are often driven by only a few leading companies or sectors. Currently, the artificial intelligence (AI) and related supply chain sectors have outstanding growth potential and are a key driver of the S&P 500's rise. Investing in a systematic and consistent manner that tracks and adjusts portfolios to include these leading stocks is therefore another approach to increasing the opportunity for long-term returns.”

Krungsri Asset Management views this as a good time to invest and has launched the KF-SP500M and KF-SP500MFX funds, which invest through the Invesco S&P 500 Momentum ETF (SPMO) tracking the S&P 500 Momentum Index. A key feature is the Momentum Investing strategy, which focuses on selecting stocks with the most consistent upward price trends in the market at any given time. Furthermore, the Momentum strategy is highly flexible, not limited to any specific stock style or industry.

"In any industry, when growth trends change, portfolios will be adjusted to align with evolving market trends. This ensures investors don't miss out on investment opportunities in market-leading stocks."

“The underlying fund has an outstanding track record, generating returns that outperform the benchmark in both the short and long term. This reflects its effectiveness in portfolio adjustment based on momentum factors. The 1-year historical performance is 22.33%, while the benchmark is 17.8%. The 5-year historical performance is 17.51% per year, while the benchmark is 12.07% per year (Source: Morningstar Direct, Invesco as of March 31, 69). Past performance of a mutual fund is not a guarantee of future performance. This performance represents the underlying fund and does not adhere to the mutual fund performance measurement standards of the Association of Investment Management Companies.”

“Currently, our investment portfolio is primarily focused on artificial intelligence (AI) technology, reflecting the crucial role of AI infrastructure and the semiconductor sector, which are key investment themes in the global market. Simultaneously, we diversify our investments into healthcare, energy, and industrial sectors, reflecting opportunities for generating returns across a wider range of industries. Leading stocks in our portfolio include Nvidia, Johnson & Johnson, Exxon Mobil, and Caterpillar, among others.”

“For those interested in investing in US stocks or already investing in the S&P 500 Index, supplementing this investment with these two funds will increase the opportunity for higher returns. The KF-SP500M fund is suitable for those who want to reduce the impact of currency volatility, as the fund hedges against exchange rate fluctuations at the fund manager's discretion. The KF-SP500MFX fund is suitable for those who can tolerate currency risk and want the opportunity for higher returns if the US dollar strengthens, as the fund does not have a policy of hedging against exchange rate fluctuations. Both funds have a minimum investment of only 500 baht,” Ms. Supaporn said.

For more information about the fund, please contact Krungsri Asset Management at 02-657-5757, visit www.krungsriasset.com, or contact your authorized sales representative.

The fund is subject to high exchange rate risk, which may result in losses or gains from exchange rate fluctuations, or a return lower than the initial investment. | Past performance of the mutual fund is not a guarantee of future performance. | Investors should understand the product characteristics, terms, returns, and risks before making an investment decision.