Roel Huisman, chief retail banking officer of TMB, said yesterday that the addition of ONEAM would help give the bank’s customers a variety of investment choices.
The slogan of TMB Open Architecture is “Great range of quality funds from famous brands is here”.
Owned by KGI Securities, ONEAM is part of an international group. In Thailand, ONEAM has the most AUM of all securities houses not owned by banks.
The exceptional strength of ONEAM lies in its excellent approach to risk management, Huisman said.
ONEAM is offering One-Ultra, a fund that invests 15 per cent in stocks, 40 per cent in property and 45 per cent in debt instruments.
One-Ultra aims to generate a 6-per-cent yield annually through cautious management and the minimisation of volatility.
Another condition of One-Ultra is that free health insurance will be available to investors buying a sizeable number of the fund’s units.
Coverage provides benefits to both outpatients of up to Bt2,000 per medical visit and outpatients of room fees of up to Bt4,000 per day, a surgeon fee of Bt35,000 and other medical expenses of up to Bt35,000.
TMB Open Architecture started in mid-2014 with five partners that were leading securities houses with expertise in various types of assets –- Aberdeen Asset Management Co, CIMB-Principal Asset Management Co, Manulife Asset Management (Thailand) Co, TMB Asset Management Co and UOB Asset Management (Thailand) Co.
Last year, its net assets rose 18.6 per cent to Bt182.98 billion, against the industry’s growth of only 6.7 per cent. The ratio of TMB Asset Management and partners’ assets in the project was 78:22.
This year, TMB has introduced several funds in a bid to increase customers’ investment opportunities.
There are funds for investing in the United States, Japan and Europe.
As stocks around the world are expected to be volatile in 2016, TMB says it important for investors to diversify their portfolios. Investors with a greater range of choices usually have the upper edge. As they have more alternatives for diversification, they can reduce risks better.
The TMB Global Quality Growth Fund has invested in stocks around the world, opting for quality firms pursuing sustainable growth and generating regular returns for shareholders.
TMB also offers the TMB Aggregate Bond Fund. Investing in debt instruments, this fund is a low-risk type. It is recommended for people who have just started investing and prefer a low-risk fund, or investors wishing to include some low-risk options in their portfolio.
The TMB Aggregate Bond Fund has bought fixed-income securities with a duration of one to four years. As of February 29, this fund had yielded 2.65 per cent for the past year.
“TMB believes that the funds industry will be able to achieve significant growth and that 2016 should be a good year for investments,” Huisman said.
“Factors that have made various markets so volatile have already bottomed out. Today, signs of the world’s economic recovery are getting clearer. In such circumstances, investors are expected to be more accepting of higher-risk investments.”