Mr. Narongsak Plodmechai, Chief Executive Officer of SCB Asset Management Co., Ltd. (SCBAM), stated that the current semiconductor industry is supported by robust structural factors due to accelerated global investment in technology by businesses.
In particular, the expansion of AI data centers, cloud systems, and the electric vehicle industry are heavily reliant on advanced processor chips as a key component. While this industry may face short-term volatility due to the global economic climate, semiconductors remain one of the long-term investment themes with continual growth potential.
Investing in foreign assets also gives investors the opportunity to earn returns in U.S. dollars (USD), providing diversified portfolio management options. As a result, SCBAM has launched the SCB Semiconductor USD Fund or SCBUSDSEMI, specifically designed to offer more alternatives to investors interested in the semiconductor sector and those seeking USD-denominated returns, thereby mitigating the impact of Thai baht fluctuations. The SCBUSDSEMI fund will be available for subscription from January 27, 2026 to February 2, 2026.
SCBUSDSEMI stands out with a portfolio that comprehensively covers the entire semiconductor value chain by investing in the master fund VanEck Semiconductor UCITS ETF. This master fund invests in companies generating over 50% of their revenue from the semiconductor business (Pure-Play) according to the MVIS US Listed Semiconductor 10% Capped ESG Index, spanning companies from design and distribution, manufacturing, equipment and machinery suppliers, to vertically integrated firms involved in every process from design to distribution.
The master fund invests in industry leaders such as NVIDIA, TSMC, Broadcom, and Intel, supporting megatrends in AI, data centers, and AI infrastructure. Additionally, the master fund holds a 5-star Morningstar Overall Rating in the EAA Fund Sector Equity Technology category, reflecting effective investment management for future technology. Furthermore, the SCBUSDSEMI fund offers investors the opportunity to receive returns in USD, making it suitable for those aiming for long-term growth in the technology sector and wishing to minimize the impact of Thai baht volatility.
“Semiconductors are one of the main driving forces of current and future innovations, as reflected by the continuous rise in demand for high-performance chips. SCBUSDSEMI is a fund that strengthens investment portfolios through semiconductor stocks and delivers USD-denominated returns, helping mitigate Thai baht fluctuations,” Mr. Narongsak stated.
