2023-06-03 10:06:23
Bualuang Asset Management (BBLAM) clarified regarding Stark Corporation Public Company Limited’s (STARK) investments in fixed income and equity securities through Facebook that There are 4 mutual funds that invest in STARK shares, holding only 0.4%-0.6% of the net asset value (NAV) of each fund. The impact on the fund is therefore not as scary as the news has come out. which reflects the good results of the fund’s investment diversification in more than 70 different stocks. no investment
Since STARK was unable to deliver the financial statements for the year 2022, the stock was therefore suspended from trading on February 28, 2023, and when trading was opened once more on June 1, 2023, the stock price of STARK Bualuang Asset Management Co., Ltd. is not calm. and has always managed the fund with caution
To allocate the investment portion of each stock in that portfolio. The fund manager team, in addition to analyzing investment opportunities, has diversified investments. and appropriate risk management without concentrating in the industry Or too much of any one stock, including assessing the risks from the market and business operations of the company. To help reduce the overall investment risk of each fund in the long term, which may have unexpected events occurring at any time.
There are 4 mutual funds that invest in STARK shares, holding STARK shares in the proportion of only 0.4%-0.6% of net asset value. (NAV) of each fund only The impact on the fund is therefore not scary. according to the news This reflects the benefits of diversifying the fund’s investment into more than 70 stocks, with the first 5 industries focusing on banking, energy, retail, transportation and real estate. Approximately 50% of the total weight of the fund
However, the investment proportion in STARK of 4 mutual funds under the management of Bualuang Asset Management Co., Ltd. as of May 31, 2023
| STARK Investment Fund | Fund size (million baht) | The number of securities to be diversified | Investment proportion STARK (% of fund) |
|---|---|---|---|
| Bualuang Equity RMF (BERMF) | 12,441.16 | 76 | 0.6 |
| Bualuang Long Term Equity (B-LTF) | 45,057.31 | 72 | 0.6 |
| Bualuang Flexible RMF (BFLRMF) | 21,700.67 | 73 | 0.5 |
| Bualuang Long Term Equity 75/25 (BLTF75) | 24,909.68 | 69 | 0.4 |
By InfoQuest News Agency (03 Jun. ’23)
Tags: STARK-W1, mutual fund, Bualuang
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