Krungsri Asset Management Launches KF-GDIV-USD to Strengthen Portfolios with Global Dividend Leaders

Krungsri Asset Management Company Limited (Krungsri Asset Management) has launched the Krungsri Global Dividend USD Fund (KF-GDIV-USD), offering investors exposure to high-quality global dividend-paying equities denominated in U.S. dollars (USD). The fund aims to enhance portfolio resilience by leveraging the defensive characteristics of dividend stocks, which can help reduce overall portfolio risk, while USD-denominated investment helps mitigate foreign exchange impacts and enables investors to capture returns closely aligned with the master fund, which has demonstrated a strong track record relative to peers in the same category. The fund is offered for initial subscription from 12 – 21 January 2026, with a minimum investment of USD 100.

Mrs. Supaporn Leenabanchong, Managing Director of Krungsri Asset Management, said that amid ongoing global economic uncertainty and earnings pressure in certain sectors, generating returns from a narrow group of equities or relying solely on capital growth strategies has become increasingly challenging. “Investing in high-quality global dividend stocks can help reduce portfolio volatility, as dividend equities tend to be more resilient during market downturns and generally experience lower maximum drawdowns compared with the broader market. Such investments also provide broader diversification across industries and regions, thereby strengthening portfolios over the long term,” she said.

Recognizing these opportunities, Krungsri Asset Management has introduced KF-GDIV-USD, which invests in the Fidelity Funds – Global Dividend Fund, a Morningstar 5-star-rated fund*. The master fund emphasizes bottom-up stock selection, focusing on high-quality companies with strong financial positions, the ability to generate consistent dividend income, and dividend growth potential above the market average, with the objective of achieving attractive long-term total returns.
(*Source: Fidelity International as of 31 October 2025. The rating is not related to any rating by the Association of Investment Management Companies.)

"The master fund combines both defensive and active investment strategies, with broad global diversification across regions and sources of revenue to reduce concentration risk in any single market or industry. It also selectively invests in high-quality cyclical stocks to enhance growth potential, while maintaining a defensive approach focused on capital preservation and downside risk control to improve long-term portfolio resilience."

“Examples of holdings selected for their strong fundamentals, sustainable dividend potential, and ability to continue dividend payments even during the COVID-19 period include:

• RELX Group: An information services company providing data and analytics solutions for professional and business customers.
• Sanofi: A global pharmaceutical company with diversified drug development across oncology, immunology, cardiovascular diseases, diabetes, and vaccines.
• P&G: One of the world’s largest consumer staples companies, with over 60 brands, more than 20 of which generate annual sales exceeding USD 1 billion.
• TSMC: The world’s largest semiconductor foundry, manufacturing chips for leading global companies such as Apple, AMD, and Nvidia

Source: Fidelity International, Bloomberg as of 11 November 2025

"The performance of the master fund reflects the strength of its investment strategy. During 2022, a year marked by severe market corrections, the fund effectively managed downside risk through its defensive equity focus. From 2023 to 2025, despite market attention being largely concentrated on technology stocks and the “Magnificent Seven,” the fund continued to generate positive returns consistently, even without a heavy allocation to those sectors. (Source: Fidelity International as of 31 October 2025)

Mrs. Supaporn concluded that "Krungsri Asset Management believes KF-GDIV-USD is a suitable option for investors seeking diversification to reduce volatility while enhancing return potential for their overall portfolios. Investing in USD, which is the same currency as the master fund, also helps reduce foreign exchange risk and hedging costs, and increases the likelihood of achieving returns close to those of the master fund, without the tax burden associated with direct investment in the master fund."

For more information on KF-GDIV-USD, click here

For further inquiries or to request a prospectus, please contact Krungsri Asset Management Company Limited at 02-657-5757, press 2.

If investments are made in currencies other than USD, KF-GDIV-USD may, at the fund manager’s discretion, hedge foreign exchange risk. Investors are therefore exposed to foreign exchange risk, which may result in gains or losses and could lead to returns lower than the initial investment. Past performance is not indicative of future results. The Morningstar rating is not related to any rating by the Association of Investment Management Companies. Investors should carefully study the fund’s characteristics, return conditions, and risks before making an investment decision.