Saturday 13 August 2022
TISCO Bank opens a list of best funds Expect strong earnings growth without fear of a recession Plus, the price is attractive for investment. Divided into 4 fund themes that are attractive to buy, namely: 1. The theme of the medical innovation fund 2. The theme of the future technology stock fund 3. The theme of the high-growth stock fund 4. The star stock fund theme of Asia.
Mrs. Worasinee Sethabutr, Senior Director of Fund Product Development Department and marketing communication Banking business line TISCO said that following the US economy. into a technical recession While the price of many stocks has dropped to receive the news until the price is interesting. So it’s a good opportunity for investors to start looking for stocks with profitable growth potential amid the crisis. Can invest to get good returns in the long run Previously, TISCO Bank recommended investors to focus on 2 main investment themes: 1. Medical Innovation Equity Fund theme, which is one of the Healthcare business, and 2. Future Technology Equity Fund theme, due to the long-term CAGR of the Healthcare and Technology group in the 30s. Last year it grew 10.2% and 10%, respectively, outperforming the total stock market (S&P500) at 6.9% annually, and profits for both stocks continued to grow despite the recession. (Source: Blue. Mberg, 26 Jul. 65)
And at present, TISCO Bank sees that there are 2 other interesting investment themes to invest in during this period: 3. High-Growth Equity Fund Theme and 4. Asia’s Star Equity Fund Theme. The high-growth stocks that have the opportunity to become leaders in various industries in the next 5 – 10 years are once more attractive. because the price has been reduced until it is worth investing in While the pressure on the financial cost of the growth stocks is fading away. Because the interest rates on long-term US government bonds with 10 years have passed their peak. In addition, inflation is expected to slow down in line with commodity prices starting to decline in line with economic data.
For Asia’s star stock fund theme TISCO Bank views that China, Vietnam and Indonesia stocks It is a star market worth investing in because all three countries have a low chance of the economy going into recession. Because gross domestic product (GDP) is still growing. The International Monetary Fund (IMF) (as of July 31, 2022) expects Vietnam’s economy to grow by 6% in 2022, Indonesia’s economy to 5.3% and China’s to 3.3%.
While the stock is relatively inexpensive compared to earnings growth prospects and has a share price level relative to its forecasted future earnings (Fwd P/E) that is below the five-year average across all markets, data from Bloomberg ( As of Aug. 4, 65, the Chinese stock market (CSI 300) had a Fwd P/E of 13.18 times, while the five-year average Fwd P/E was 13.6 times, the Vietnam Stock Exchange (VN-Index). It has a 12x Fwd P/E, while the five-year average Fwd P/E is 15.9x, and the Indonesian Stock Market (JCI) has a 16.67x Fwd P/E, while a 5-year Fwd P/E average. at 17.06 times
In summary, TISCO Bank views that If the stock market fell during this period This is the perfect time to invest in a business with high profit potential. Even when the economy is in recession and the share price is at an attractive level which TISCO Bank sees that there are 4 themes that are worth investing in And there are interesting mutual funds as follows:
1. Medical Innovation Stock Fund Theme There are 3 recommended funds which are KFHHCARE-A, TBIOTECH and TGHDIGI.
2. Future Technology Equity Fund Theme The business that the world can’t live without There are 5 recommended funds, namely SCBSEMI(A), KFHTECH-A, KFCYBER-A, TCYBER, TCLOUD.
3. High Growth Equity Fund Theme There are two recommended funds, K-CHANGE-A(A) and ONE-UGG-RA.
4. Asia’s Star Equity Fund Theme There are 5 recommended funds which are TCHSTRATEGY, ES-INDONESIA, KT-Ashares-A, TCHTECH-A and PRINCIPAL VNEQ-A.
Investors should understand the nature of the product. Conditions of return and risks before investing Contact for details Or request a prospectus at any TISCO bank or TISCO Contact Center at 02-633-6000 press 2 press 4.
