Mrs. Chavinda Hanratanakool, Managing Director of Krung Thai Asset Management Public Company (KTAM), stated that, given KT-Precious Fund’s consistently outstanding performance (as of October 31, 2025), and the company’s continued recognition of investment opportunities in global gold mining and precious metals stocks, KTAM is offering the KTAM World Gold and Precious Equity Retirement Mutual Fund (KT-PRECIOUS RMF) (risk level 7) as an alternative for investors seeking tax benefits. The initial public offering runs from December 18–24, 2025.
KT-PRECIOUS RMF primarily invests in units of the Franklin Gold and Precious Metals Fund (the master fund), with an average annual allocation of no less than 80% of NAV. The master fund primarily invests in equities within the gold and precious metals industry sectors.
The attractiveness of businesses related to gold and precious metals arises from various supporting factors, such as continued central bank gold buying as long-term reserves, ongoing tensions in the Middle East and Eastern Europe (Russia-Ukraine), which have increased demand for safe-haven assets. Additionally, strong macroeconomic drivers, including a downward interest rate trend, a weaker U.S. dollar, and persistent inflation above target ranges, are also significant positives for gold prices.
However, if the HUI/Gold ratio (the comparison of the NYSE Gold BUGS Index (HUI) to gold prices) continues to trend upward, it would confirm that mining stocks will continue to outperform gold in the future, positioning them as leaders in this theme.
A highlight of KT-PRECIOUS RMF is that mining stocks tend to move with leverage, often leveraging debt to amplify investment compared to gold prices, while their income tracks market prices and can accelerate returns. The fund is also diversified across more than 130 companies in various regions, including Canada, Australia, the United States, Africa, and the United Kingdom. Its portfolio structure balances large mining stocks for stability and cash flow, while small-cap stocks provide growth potential through new discoveries, leverage, and mergers and acquisitions (M&A).
“The current context of the global financial market, especially the higher yields in global bond markets, may signal concerns over future economic conditions. Holding gold and related equities in a portfolio thus offers attractive diversification,” said Mrs. Chavinda.
