AFTER SCB WEALTH joins hands with BlackRock, the world's leading asset manager, the bank accelerates the selection of products that are suitable for Thai investors to put money to work and create opportunities for consistent returns in the long term. The bank would like to present SCBGMCORE Fund, which was established by Siam Commercial Asset Management Co., Ltd. This multi-asset fund will be available for the initial public offering (IPO) during April 2 to 9, 2025 with a minimum investment of 1,000 baht, with Siam Commercial Bank as a distributor and it is accessible for investment through the SCB Easy app. This fund is under the investment management of BlackRock. The investment policy focuses on an allocation of 75% investing in ETFs across stocks, bonds, gold, REITs, TIPs, etc., and the other 25% investing in highly liquid alternative assets using an absolute return strategy to help diversify risks and reduce portfolio volatility. There is an opportunity to generate consistent returns with active fund management style and high flexibility. The fund also has a volatility control process to manage risk, thereby increasing the opportunity to generate returns in all market conditions.
Mr. Sornchai Suneta, CFA, Executive Vice President, Wealth & Investment Product, Consumer Banking Business Group, Siam Commercial Bank revealed that international economic and geopolitical tension created challenges for the investment world in 2025 and resulted in higher volatility in various assets. Traditional investment portfolio, with 60% equity and 40% fixed income, may not be enough to cope with volatility, so it is recommended to increase investment in alternative assets to diversify risks and better control the volatility of the investment portfolio.
After SCB WEALTH has announced a partnership with BlackRock, the priority is to develop and offer investment solutions for Thai investors to access high-quality global investments that meet their desire to generate consistent returns in the long term. This product - SCB Global Multi-Asset Core Portfolio (SCBGMCORE) - covers all interesting investment assets around the world. It is set up by SCB Asset Management Co., Ltd. (SCBAM) and managed by BlackRock. The initial public offering (IPO) will be between April 2 to 9,2025 and with a minimum investment of 1,000 baht and a value of 10 baht per unit of investment. Siam Commercial Bank is the distributor and it is accessible for investment through the SCB Easy app. This
Investment portfolio has been exclusively designed for SCB WEALTH clients. It is the first of its kind in Thailand ,featuring a unique asset allocation strategy never before introduced in the country. The portfolio aims to enhance investment stability across all market conditions through a flexible strategy that spans a wide range of global asset classes.
SCBGMCORE has a policy of investing in investment units of foreign mutual funds, such as CIS units, units of ETFs that invest in various assets around the world, including real estate funds and infrastructure funds, the asset allocation will depend on the discretion of the fund manager according to the appropriateness of the situation in each period.
Initially, the fund will allocate 75% of the fund to invest in a diversified portfolio of highly liquid ETFs, supporting quick portfolio adjustment. The fund can invest in more than 10 asset classes, including stocks, bonds, as well as alternative assets such as gold, REITs, and TIPs, diversified across more than 100 countries globally. The fund has an active management approach and is highly flexible, which can be adjusted in a timely manner to keep up with different market conditions, based on in-depth economic data analysis by a team of experts in determining factors and adjusting investment portfolios. In addition, the fund will allocate 25% in liquid alternative assets which is BlackRock's key absolute return strategy flagship fund that has low correlation with the global stock market and fixed income securities. It helps diversify risks, reduce volatility in investment portfolios, and contribute to increasing opportunities to generate consistent returns. In addition, the fund manager will consider the risk of the portfolio in both normal market conditions and highly volatile market conditions
SCBGMCORE is a multi-asset investment strategy managed by BlackRock's dedicated portfolio management team in Asia Pacific, which is supported by a network of over 500 investment experts globally. Portfolio management will focus on long-term investment and can adapt well to the global economy and market fluctuations. In addition, BlackRock has provided investment research support and insights to SCB Wealth to help Siam Commercial Bank's customers to have better information to make investment decisions and understand the true benefits of multi-asset investment.
"SCB WEALTH is committed to helping Thai clients achieve their long-term investment goals, while BlackRock has a global investment perspective where we have the same approach to portfolio management under the balance between growth and risk control, as well as providing Thai people with access to a wider range of investment asset, the Multi-Asset allocation featuring a 75% Diversified ETF Core and 25% Liquid Alternative is a solution specifically designed for SCB WEALTH clients, This type of asset allocation has never been introduced in Thailand before. Mr. Sornchai said.
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