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Kasikorn Asset Management launches new SSF fund, Vietnam stocks, appeals to tax-free IPOs 25-31 Oct.

Ms. Thidasiri Srisamit Deputy Managing Director Investment Management Division, Kasikorn Asset Management disclosed that Kasikorn Asset Management Co., Ltd. establishedSSF fund The new one is called K Vietnam Savings Equity Fund or K-VIETNAM-SSF. Achieve all options to meet all investment goals Emphasis is placed on creating opportunities for long-term gains in line with Vietnam’s economic growth trend. with tax benefits The initial public offering (IPO) is scheduled for 25 – 31 October 2022.

fund K-VIETNAM-SSF There is a feeder fund investment model that focuses on investing in the main fund such as K Vietnam Equity Fund (K-VIETNAM). has an investment policy that focuses on investing in leading Vietnamese stocks Various industries, including real estate Consumer goods and finance

With a team of fund managers who have direct investment experience in the Vietnamese stock market which is the same management team as K-VIETNAM which has produced excellent performance in the past Can consistently beat indicators and be ranked No. 1 in the Top Quartile in the Country Thai OE Vietnam Equity (data from Morningstar as of 30 September 65)

Ms. Thidasiri said Vietnam stock marketStill attractive from domestic factors, in terms of strong GDP growth. The profits of listed companies are still growing at a high level compared to other countries in the region. and the number of working-age population has the highest proportion in ASEAN which is conducive to long-term economic expansion

In the past, Vietnam’s stock market has declined greatly because 1) The effect of the official crackdown on corruption involving non-listed and listed companies 2) Federal Reserve Bank In the past, interest rates have been raised quite strongly. In addition, there is still a tendency to continue raising interest rates to control inflation. As a result, Vietnam’s central bank had to raise interest rates to 200bps within the last month. to stabilize the dong and control inflation. This has caused the market to worry that rising interest rates will affect economic growth and the financial costs of listed companies. including the movement of the dong In the short term, the above factors are also factors that depress the Vietnamese stock market.

However, a relatively large drop in the Vietnamese stock market is expected to have partly reflected the level of concern. and seeing that the current Valuation is at an attractive level for long-term investment He recognized that the main risk depends on the Federal Reserve’s monetary policy outlook. Including international conflicts in the next period as well.

Ms. Thidasiri added that fund K-VIETNAM-SSF Suitable for investors who see the growth potential of Vietnam’s economy. Experience of investing in foreign stocks Able to accept high investment risk and want to receive tax benefits with the opportunity to receive long term returns

In this regard, Kasikorn Asset Management has held a special promotion during 3 October 65 – 30 December 65 by investing in SSF / RMF KASIKORNBANK through all channels of Kasikorn, every 50,000 baht Receive 100 baht K-CASH investment units, maximum 1,000 baht, the conditions are as specified by Kasikorn Asset Management.