Honorary Award for Best Fund of the Year 2569, Commodity Fund Category, SCB Asset Management Co., Ltd.

SCB Asset Management Co., Ltd. (SCBAM) received the 2569 Fund of the Year award in the Commodities Fund category for its SCB Gold THB Hedge Fund (Accumulation Class) (SCBGOLDH).
Nanthamanus Piamthipmanus, Chief Executive OfficerInvestment by SCB Asset Management (SCB AM). Limited (SCBAM) Regarding the award for best fund, it is another source of pride for SCBAM and holds great significance for the organization. It builds upon the success of the SCBGOLD fund, which received an award two years prior. It reflects that this success is not solely due to market conditions, but is a result of our commitment to disciplined fund management, a systematic and transparent investment process, and prioritizing the best interests of investors.
This award confirms SCBAM's fund management standards, demonstrating its ability to consistently deliver high-quality investment solutions that meet the needs of investors in various market conditions, particularly in gold funds and index funds, which are key strengths of the company. Importantly, this year's award reflects the company's capability to develop investment solutions that address investor needs at different times, while remaining committed to the core principle of creating quality investment opportunities coupled with appropriate risk management, to help investors achieve their long-term financial goals.
Global gold prices support success.
Amidst the uncertainty.
Nanthamanus stated that the key factors enabling the SCBGOLDH fund to achieve outstanding performance were: during 2568-2569, global gold prices continuously rose to new highs, providing exceptional cumulative returns compared to many major asset classes. This reflects gold's role as a diversification asset during periods of high global economic and political uncertainty. Furthermore, the fund's success stems from a combination of market factors and a product design that meets the current needs of investors.
Meanwhile, global investors are focusing on building resilient portfolios that can better cope with uncertainty, making gold one of the primary assets used to help mitigate volatility and enhance portfolio diversification.
For SCBGOLDH, the key advantage lies not only in providing investors with access to gold investments through the SPDR Gold Trust, one of the world's largest gold ETFs under management and widely recognized by institutional investors globally, but also in its exchange rate risk management. Especially over the past 2-3 years, when the Thai baht has fluctuated widely and been volatile due to global interest rate movements, the exchange rate hedging policy allows investors to focus more on returns from gold prices.
Nanthamanus stated that during periods of high volatility in global financial markets, many investors seek to diversify their risk by investing in gold but do not want to take on additional currency risk. SCBGOLDH's exchange rate hedging policy is a key feature that addresses this need and is a crucial factor in building investor confidence.
Moving forward in accordance with the vision.
"Wealth for Everyone"
For its business goals and strategies in the second half of 2026, SCBAM continues to pursue its vision of “Wealth for Everyone,” aiming to make investment more accessible to all Thais while creating opportunities for sustainable long-term financial growth. Our key strategies are based on three pillars: developing diverse investment solutions, enhancing the investment experience through digital technology, and expanding collaboration with partners to reach a wider investor base.
In terms of products, we will continue to develop investment solutions that meet the needs of investors in all market conditions, including traditional asset funds, alternative assets, and investment opportunities in future assets such as digital assets. This will be done within an appropriate regulatory and risk management framework, opening up diverse investment options that align with global market trends and enabling investors to better build portfolios that suit their goals and risk tolerance.
Meanwhile, SCBAM continues to expand its collaboration with various leading global partners to enhance its capabilities in developing products and investment solutions that align with the rapidly changing investment landscape. By combining global investment knowledge, perspectives, and asset management expertise with an understanding of Thai investors, SCBAM creates high-quality investment options that better meet the needs of the modern investment world.
In the digital realm, technology will be a key mechanism to enhance the customer experience through the continuous development of digital investment platforms and services. This will enable investors to access information, manage portfolios, and invest more conveniently, quickly, and efficiently, by connecting all service channels under the concept of Digital Channel Synergy.
Meanwhile, the company continues to expand its partner network and distribution channels to increase opportunities to reach all investor groups, especially new and novice investors. This is coupled with promoting financial literacy, fostering long-term investment discipline, and educating investors about new investment asset classes to help them make informed and more informed investment decisions.
“We aim to continuously expand our investor base and drive sustainable growth of assets under management. We believe that combining customer understanding, investment innovation, digital technology, expertise in developing new investment products, and collaboration with partners will be key factors in enabling SCBAM to create value for investors and reinforce its role as a trusted long-term investment partner.”
SCBAM will continue to develop innovative investment solutions and select appropriate solutions in all market conditions to help investors achieve their financial goals securely, while striving to become the best fund house that investors trust sustainably.
SCBAM is committed to developing investment solutions that meet the needs of investors in all market conditions, coupled with appropriate risk management and enhancing the investment experience under the vision of "Wealth for Everyone," in order to expand access to investment opportunities and create sustainable financial growth for all investor groups.
Second half of 2569
Focus on quality stocks to capitalize on growth opportunities from AI.
Looking ahead to the second half of 2569, SCBAM assesses that the global economy remains fraught with challenges and uncertainties. However, it maintains a positive outlook on the stock market, driven primarily by the strong fundamentals of listed companies and the continuous upward revisions of earnings estimates, particularly in industries directly benefiting from accelerated investment in artificial intelligence (AI) infrastructure. Meanwhile, economic indicators reflect resilience and adaptability to pressures on energy and commodity prices.
Under volatile market conditions, SCBAM recommends focusing investments on sectors with clear earnings growth and strong fundamentals, while also increasing portfolio diversification. Countries of interest include the United States, Japan, and South Korea, as these countries have market structures and a high proportion of listed companies that benefit from the growth theme of artificial intelligence (AI).
While key investment themes include large-cap US technology stocks, semiconductor stocks, and quality stocks, investors are advised to gradually accumulate mid- and small-cap US stocks that are currently undervalued compared to the past. This is coupled with a proportion of cyclical stocks expected to benefit from US economic growth. Furthermore, a neutral view is maintained on interest rate-sensitive assets, including bonds, due to persistently high inflation.
































