Miss Nisarat Chomphupong Chief Investment Officer Dao Asset Management Company Limited or Dao Asset Management Co., Ltd. (DAOL INVESTMENT MANAGEMENT) Revealed that the asset market since the beginning of the year has been highly volatile. Inflation and high interest rates depress profits of listed companies. As a result, traditional asset classes are unable to provide good returns. Therefore, investments that can access multiple sources of return. Therefore, it is necessary to create flexibility with investment portfolios.
By diversifying into currency assets is another attractive alternative in volatile market conditions. And when considering the market conditions of each country that are different in terms of economic factors that change all the time As a result, each country’s currency depreciates and appreciates differently according to the fundamental economic values of different countries, i.e. central bank policies, interest rates, trade, international capital movements, and currency holding requirements. , economic growth Including situations and factors in the country. All are specific factors that affect currency and exchange rates.
At the same time, according to data (BIS Triennial Central Bank Survey 2019), the daily trading volume in the global currency exchange market amounts to 6 trillion US dollars, reflecting 25 times higher liquidity than stock markets. futures contract In which investors can profit in both rising and falling markets 24 hours a day.
For Dao Asset Management, it is an opportunity to invest in global currencies. therefore offering IPO “Dao FX Alpha Fund Not for Retail Investors” (DAOL-FXALPHA-UI )” has a very high level of risk (8+) will be offered for sale between 13-20 Dec. ’22, has a policy to invest in futures contracts with underlying securities in foreign major currencies With the US dollar (USD) as the base currency against 14 other currencies and gold. Through the master fund P/E FX Strategy FUND managed by P/E Investments, a fund manager specializing in currency management. To create opportunities for returns and help diversify risks with long-term investment portfolios with the “Long-Short Strategy” strategy
However, with 3 main economic factors, which are yield (Yield) from short-term and long-term interest rates of each country, risk (Risk) of inflation and economic growth and the movement of capital (Capital Flow) in and out of each country This has an effect on the currency, thus providing an opportunity to manage risks and generate returns. The fund manager monitors the performance on a daily basis and adjusts the portfolio according to the changing world market conditions. This allows the fund to create an opportunity to receive outstanding returns. It was found that the return in the past 1 year was 38.55%, the past 5 years was 66.77%, the past 10 years was 105.54%, and since the inception of the fund it was 376.71% (Source: Expanded Introduction to the FX Strategy, information at 31 Oct. ’22)
In addition, given the current market conditions, the Fund invests in long positions in the top 5 currencies that tend to strengthen against the USD: CDA, GLD, MXN, NZD, ZAR, and short positions in currencies that tend to weaken against the USD. Compared to USD, the top 5 are JPY, EUR, AUD, SEK, NOK (Source: P/E FX STRATEGY FUND, data as of 30 Sep. 22).
PE Investment is an investment management company licensed by the US SEC, established in 1995, headquartered in Boston. United States Serves both individual customers and institutional investors around the world With offices in Singapore and Melbourne, Australia, the total asset under management is US$ 14.9 billion (approximately 538 billion baht). The company accounted for 89% of total assets under management (Source: Expanded Introduction to the FX Strategy, data as of 1 Oct ’22)
“With the difference in the currency of each country that moves according to the economic fundamentals. and with high liquidity There is also a low correlation (Low Correlation) Compared to stocks and bonds, Dao Asset Management considers investing in 14 global currency markets and gold through “DAOL-FXALPHA-UI” It is an alternative to diversify your investment portfolio and create an opportunity to receive attractive returns in the long run.” Miss Nisarat said
For those who are interested, you can contact us for more information and to receive the prospectus at Dao Asset Management Co., Ltd. (Dao Asset Management) Tel. 02-351-1800 press 2 or selling and redemption agent of Dao Asset Management Co., Ltd. is Dao Securities (Thailand) Co., Ltd. Public Company Limited, Yuanta Securities (Thailand) Company Limited, Capital Nomura Securities Public Company Limited, KGI Securities (Thailand) Public Company Limited, Phillip Securities (Thailand) ) Public Company Limited, Kiatnakin Phatra Securities Public Company Limited, Wealth Magic Securities Company Limited, Asia Wealth Securities Company Limited, SBI Thai Online Securities Company Limited, Securities .Country Group Public Company Limited, Merchant Partners Public Company Limited, Finansia Syrus Public Company Limited, Capital Economics Securities Tal Co., Ltd., ASL Securities Co., Ltd., Treasury Securities Co., Ltd., CGS-CIMB Securities (Thailand) Co., Ltd., SCB Securities Co., Ltd. (Public),
Kasikorn Securities Public Company Limited, Krungsri Securities Public Company Limited, Finnomina Securities Company Limited, Maybank Kim Eng Securities (Thailand) Public Company Limited), Land and Bank House Public Company Limited, X Spring Asset Management Co., Ltd., KKP Dime Securities Co., Ltd., Robowealth Securities Co., Ltd., Wealth Republic Securities Co., Ltd., Securities .Ascend Wealth Co., Ltd., Pine Wealth Solution Co., Ltd., Siam Wealth Securities Co., Ltd.
Fund’s key risk section DAOL-FXALPHA-UI
Investing in option contracts or futures contracts traded in the market (Organized Exchange), where funds can invest by placing a margin to prevent non-compliance with the contract. By placing a small margin, it is possible to invest in large contracts, for example, the market may require a margin of only 5% of the contract value. As a result, the rate of return (profit / loss) occurs at a high rate compared to the amount invested. which in case the fund’s forecast is correct Small insurance deposit The fund will earn a lot of profit. but on the contrary If the fund’s forecast is wrong, placing a small margin The fund may suffer a large loss. Therefore, the fund is suitable for investors with financial status that can accept the risk of loss.
warning
1. Investors should understand the characteristics of the product. Return conditions and risks before investing
2. This fund is high risk and complex. Investors should seek additional advice before investing.
3. Past performance It is not a guarantee of future performance.
4. As this fund invests in foreign countries and does not hedge the exchange rate risk in full. by hedging at the discretion of the fund manager Investors may lose or gain from foreign exchange or receive a refund lower than the initial investment.
Tags: DAO Asset Management sends DAOLFXALPHAUI penetrate currency market open sale Dec
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