Bangkok, 7 Best funds and 1 best mutual fund company win the Morningstar Awards for Investing Excellence 2024. Asset management companies recommend DCA investing - investing in bonds is still interesting amidst market volatility. But you must study all information. The Stock Exchange of Thailand (SET), Morningstar Research (Thailand) and the Association of Investment Management Companies (AIMC) jointly organized the Morningstar Awards for Investing Excellence 2024 award ceremony, held for the 15th consecutive year. To honor outstanding funds and fund management companies with outstanding performance. Generate good returns for investors over the past period. Consisting of awards for 7 funds and 1 best asset management company. The winners of the Morningstar Awards for Investing Excellence 2024 in Thailand are as follows: Morningstar Category Awards 1. Award for Best Large Stock Fund: Krungthai Open Fund High Dividend Stocks (Dividend payment type) Krungthai Asset Management Co., Ltd. 2. Best medium and sma ll cap stock funds include Asset Plus Small and Mid Cap Equitable Open Fund, Accumulated Value Type, Asset Plus Asset Co., Ltd. 3. The best short-term debt fund is the KKP open-end fund. Bond Plus Kiatnakin Phatra Asset Management Co., Ltd. 4. Medium- and long-term debt funds include the KKP open-end fund. Income for Retirement, Outstanding, Kiatnakin Phatra Asset Management Co., Ltd. 5. Best mixed fund: Krung Thai Wealthy Open Fund Value accumulation type, Krung Thai Asset Management Co., Ltd. 7. Retirement Mutual Fund Best debt instrument category: KKP open-end fund Income for a living Kiatnakin Phatra Asset Management Co., Ltd. - Best Asset Management Company: TISCO Asset Management Company Limited. Mr. Phakorn Peetathawatchai, director and manager of the SET, said that at present there are many types of funds that provide good returns, whether short-term or long-term debt funds. Large-small stock funds And more than that, investing in funds or investing through institutional investors is another op tion That is a way to spread risk and get good returns. You can choose to invest in both domestic assets and foreign assets. It is important to study the information clearly. Including returns and risks. When compared to foreign countries, it is found that investment through institutional investors in Thailand is still considered a small proportion. For investing amid the current situation View information as important What can be done to communicate information to investors faster and completely? meets needs The announcement of the award this time It is considered a guarantee of the fund. that can measure returns in the long term Measure risk in the long term Just like investing in the stock market and various products in the stock market, information is very important. And it's something we're trying to provide more and more information about. Along with a message to investors, they should consider all aspects of information. Before deciding to invest Mrs. Chawinda Hanratanakul, Managing Director of Krung Thai Asset Management (KTAM), this year KTAM won 3 awards, including the large stock fund award and RMF and this is the first year to receive the access alllocation award. I feel happy and proud of the team. This is because last year was a year of high volatility in both the Thai stock market and the global stock market. Investors place their hope in the fund manager. We try to stabilize returns. However, in the midst of market conditions that are still volatile, it is considered that investment should still focus on DCA investment or invest gradually. and diversify investments Therefore, it should be able to answer investors' needs in maintaining the stability of their own returns. Mr. Saharat Chatsuwan, Managing Director of TISCO Asset Management Co., Ltd., said that it is an award that we are very proud of receiving the Morningstar Asset Manager Awards, which covers the performance of every access-class fund in the country. Whether it is a Thai stock fund, a bond fund, a mixed fund. Thank you to all the t eam members who work together to create results for customers. We focus on selecting stocks from the bottom up and selecting assets to invest in that expect long-term returns. But look at the risks along with it. Using ESG factors to make decisions. Select stocks for investment portfolio Taking into account sustainability and good long-term performance However, for managing investment portfolios amidst fluctuating market conditions. It is seen that the overall investment picture should be better than last year. The Thai stock market has a chance to recover in the second half of the year. For investors who can't take much risk, it is recommended to invest in US bonds. The interest rate is still quite high. and is likely to decrease in the future. Or if you can take more risks. May divide investments into both bonds and stocks. which can invest in both Thai stocks and foreign stocks For the Morningstar Category and Morningstar Asset Manager awards, fund data as of Dec. 31, 2023 is used. The award method focus es on a one-year period, but the fund must have strong risk-adjusted returns. When compared with groups in the 3-year and 5-year periods, it will receive an award. Winners are selected using a risk-adjusted return, which is Morningstar Risk, which considers negative volatility rather than positive volatility. Source: Thai News Agency