Krungsri Asset Management Launches Two U.S. Equity Funds Targeting Growth Opportunities from Market Leaders

Krungsri Asset Management has launched two new mutual funds, KF-SP500M and KF-SP500MFX, offering investors access not only to the U.S. equity market but also to leading U.S. companies demonstrating strong and sustained upward price momentum. The strategy aims to continuously allocate capital to businesses benefiting from the latest market trends and genuine market leadership, enhancing the potential to outperform the S&P 500 Index over the long term. The funds will be offered during    IPO period from 18–25 June 2026.

Mrs. Supaporn Leenabanchong, Managing Director of Krungsri Asset Management Co., Ltd., said, “While the S&P 500 is one of the most widely followed equity indices in the world, market returns are often driven by a relatively small group of leading companies at any given time. Currently, artificial intelligence (AI)-related companies and their supply chains are demonstrating exceptional growth potential and have become key drivers of the S&P 500’s performance. A systematic investment approach that can continuously identify and allocate to these market leaders may help investors enhance long-term return opportunities.

Krungsri Asset Management believes the current environment presents an attractive entry point for U.S. equities and has therefore introduced KF-SP500M and KF-SP500MFX, which invest in the Invesco S&P 500 Momentum ETF (SPMO). The ETF tracks S&P 500 Momentum Index, employing a Momentum Investing strategy that selects stocks exhibiting the strongest and most persistent positive price trends within the market at a given time.  In addition, the Momentum strategy offers a high degree of flexibility. Investments are not restricted to a particular investment style or sector. As market leadership and growth trends evolve, the portfolio is systematically adjusted to reflect changing market dynamics, helping investors maintain exposure to leading companies across different market cycles.

The master fund has delivered strong historical performance, outperforming its benchmark over both short- and long-term periods, demonstrating the effectiveness of its momentum-driven portfolio management process. As of 31 March 2026, the fund generated a 1-year return of 22.33%, compared with 17.80% for the benchmark. Over the past five years, the fund achieved an annualized return of 17.51%, versus 12.07% per annum for the benchmark. (Source: Morningstar Direct, Invesco, as of 31 Mar 2026. Past performance is not indicative of future results. The performance presented above relates to the underlying fund and does not comply with the performance measurement standards established by the Association of Investment Management Companies (AIMC)).

The portfolio is currently concentrated in AI-related technology companies, reflecting the growing importance of AI infrastructure and the semiconductor industry, which remain among the most prominent global investment themes. At the same time, the fund maintains diversified exposure to healthcare, energy, and industrial sectors, providing access to a broader range of return opportunities. Representative holdings include NVIDIA, Johnson & Johnson, Exxon Mobil, and Caterpillar.

"For investors seeking exposure to U.S. equities or those already invested in S&P 500 index funds, these two funds can serve as complementary investments with the potential to enhance returns,” Ms. Supaporn added. KF-SP500M is suitable for investors seeking to reduce the impact of foreign exchange fluctuations, as the fund may employ currency hedging at the fund manager’s discretion. Meanwhile, KF-SP500MFX is designed for investors who are comfortable with currency risk and wish to benefit from potential gains arising from U.S. dollar appreciation, as the fund does not hedge foreign exchange exposure. Both funds offer a minimum initial investment of only 500 Baht.

For more information on the funds, click here

For further information, please contact Krungsri Asset Management at 02-657-5757 press 2 or selling agents.
The funds are exposed to a high foreign exchange risk, which may result in gains or losses from currency movements and may cause investors to receive less than their initial investment. Investors should carefully study the fund characteristics, conditions, expected returns, and associated risks before making an investment decision. Past performance is not indicative of future results.