Chavinda Hanratanakool, CEO of Krung Thai Asset Management (KTAM), has announced the launch of a new fund: Krungthai World Class Income Open-End Fund (KTWC-INCOME), aimed at capturing global bond opportunities and providing steady cash flow for investors amid ongoing market uncertainty.
Managed by a team from Fidelity International, this fund responds to investor demand following the positive reception of previous KTWC Series funds. The KTWC-INCOME fund will be open for initial subscription from June 17 to 23, 2025. Investors can subscribe through Krung Thai Bank Public Company Limited (SET: KTB), as well as via the NEXT and KTAM Smart Trade applications.
KTWC-INCOME is a mixed fund, primarily investing in investment units of other mutual funds or ETFs abroad, covering a broad range of asset classes including equities, bonds, hybrid securities, alternative assets, deposits, and deposit-equivalent securities.
The fund employs a global diversification strategy—focusing on high-quality assets to generate sustainable income streams and mitigate risks. Investment will be spread across various types of global debt instruments, yield-focused assets, alternatives, and convertible bonds.
The fund sets clear investment limits: it will allocate no more than 60% of its portfolio to bonds rated below investment grade, and up to 15% in alternative assets. Initially, the target allocation is around 35% in high-yield debt instruments and about 10% in alternative assets.
KTWC-INCOME stands out for its focus on income diversification and capital stability, especially during turbulent markets. The current elevated yields in the bond market, compared to historical averages, present an attractive entry point for investors seeking ongoing income generation. Additionally, the outlook for declining interest rates may help boost bond prices, thereby increasing investment value over time.
Thus, KTWC-INCOME is positioned as an attractive option for investors looking for opportunities amid volatility, especially for those who prefer bond allocations over equities.
