KSAM Launches KFJAPANRMF with Confidence to Reap Profits from Japanese Stocks

Stocks and Financial Services Press Releases Wednesday November 11, 2015 12:18
Bangkok--11 Nov--KSAM

Krungsri Asset Management Co., Ltd. (KSAM) is launching Krungsri Japan Retirement Mutual Fund (KFJAPANRMF), promoting its opportunity to receive return from potential growth of Japan Stock Market through investment in the best performance award-winning master fund. KFJAPANRMF will offer IPO during 16 - 25 November, 2015.

Khun Alan Kam, KSAM's Managing Director (Acting) said that "KSAM is launching Krungsri Japan Retirement Mutual Fund (KFJAPANRMF) with minimum of 80% of its NAV to be invested in the master fund, Eastspring Investments - Japan Dynamic Fund. This fund is hedged against currency risk at discretion of the fund manager to protect the interest of unit holders."

"In recruiting the master fund, we considered both of their management team and strategy as well as their past performance. Eastspring Investments – Japan Dynamic Fund is managed by Eastspring Investments, ASIA's largest retail fund manager with over USD 60 million of assets under management (AUM) from their retail investors. Thus, Eastspring Investments has become the largest management company in Asia in 2012, 2013 and 2014" (Source: Eastspring Investments as of 31 January 2015).

"The master fund's strategy is to find stocks with good fundamentals which are offered at low price and have potential to grow in a long term for regular and attractive yield when compared with the benchmark. The success in their strategy is proven by several awards such as "Best of the Best" Performance Award in Japanese Equity for 3 years from ASIA ASSET MANAGEMENT, Excellence Performance Award in Japan Mid-Small Equity category for 3 years from MERCER MPA (JAPAN), and Best Fund Manager Award to Dean Cashman from CITYWIRE Magazine, etc." (Source: Eastspring Investments as of 31 January 2015).

"Eastspring Investments – Japan Dynamic Fund is the same master fund as the one of Krungsri Hedged Japan Dividend Fund (KF-HJAPAND) launched in February this year. As it has been well-received by investors, KF-HJAPAND's asset under management has soared by 192% while its customer base has surged by 272% since its inception in February 2015. " (Source : KSAM as of 2 November 2015)

"KSAM has positive view on the growth of Japan Stock Market due to strong fundamental factors and the government economic stimulus and these combinations have indeed shown improvement in fundamental factors. Particularly, the profitability of listed companies has continued to increase. Moreover, Japan Stock Market is the only stock market that increased the projected profits while many other markets decreased their projection. The profit growth of companies listed in Japan Stock Market has risen to higher level than the market expectation for 11 consecutive quarters (Source : Bloomberg, Morgan Stanley, Eastspring Investments as of 17 August 2015), while improvement in employment rate and depreciation of Japanese YEN have certainly helped the business sector. Japan Stock Market has also been outperforming other markets since 2013 (Source: Bloomberg, Eastspring Investments as of 9 October 2015)". Furthermore, investment in Japan Stock Market made by global investors remains low. Although global investors have invested more in Japan Stock Market, the investment growth is relatively lower than the average investment in the past. Accordingly, Japan Stock Market is interesting in terms of attractive yield offering for investors."

"KFJAPANRMF is definitely an appealing option for investors' retirement plan because apart from tax privileges, this fund will help investors diversify their portfolios which will reduce risks relating to economic volatility of each country. Importantly, now is the last chance for investment in LTF and RMF so we suggest that investors avoid making investment at the last minute since the large number of investors making transactions may result in longer service time at any branch. Alternatively, investors may use our @ccess Online Service at their convenience 24 hours every day." said Mr. Alan.

Investments may request more information about the fund at KSAM tel. 02-657-5757 or any branch of Bank of Ayudhya PLC.

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