3 Growth Themes That Will Lead the Future of Technology

3 Growth Themes That Will Lead the Future of Technology

Citigold is a wealth management service for clients with total deposits or investments of 5 million baht and above with Citibank Thailand. Citigold offers end-to-end premier banking solutions, including advisory and wealth management services, backed by a dedicated Relationship Manager and team of experts trained by the Citi l Wharton Global Wealth Institute. Citigold also provides in-depth investment and economic insights to help investors make investment decisions. Citigold customers enjoy an array of exclusive, curated lifestyle and banking privileges. One of Citigold’s product offering is the Franklin Technology mutual fund, featured in this article.

Invest confidently in the technology sector with Franklin Technology mutual fund, exclusively offered in US Dollar currency in Thailand only by Citigold.

It is difficult to understate the impact that technology has had on our daily lives, making commonplace those life processes that were considered science fiction less than a generation ago. In today’s tech-driven society, that post-wakeup glance at our cell phone is an indispensable start to the day, while errands like making restaurant reservations, banking and shopping are carried out online without a second thought. And by all indications, this digital revolution is going to make life even more convenient, efficient and rewarding as new technologies emerge.

Here are three promising and fast-growing technological themes that will define our lives amid the coming era of advancement.  

The popularity of Cloud computing has blown sky-high over the past few years, with a growing number of companies putting a high priority on shifting from hard-drives to the online data storage and access system. Owing to its advantages of scalability, flexibility and being cost efficient, Cloud computing is expected to grow nearly 400% by the year 2020, with spending projected to reach USD 277 billion by 2021.

Source for growth forecast: Cisco Global Cloud. Index: Forecast and Methodology 2015-2020 whitepaper. Source for services spending: IDC., 30 June 2018.

The Internet of Things, or IoTs, refers to technologies that support online connectivity for devices other than computers and smart phones. Simply put, the technology is based on data from digital devices, which is analysed and used to make common life activities easier and more convenient. Though it is vastly disruptive to traditional businesses, there is a huge profit potential for IT and AI industry players who can effectively harness this game-changing technology, as IoT is a key element in the development of Smart Homes and Smart Cities. Eye-opening statistics tell the story of IoT’s rapidly increasing influence: In 2006 there were some 2 Billion internet-connected devices worldwide, a figure which is expected to grow tenfold by 2020, while economic impact is estimated at USD 11 trillion per year by 2025.

Source for economic impact: McKinsey & Company. The Internet of Things: Mapping the Value Beyond the Hype June 2015. Source for connected devices: Intel Corp. A guide to the Internet of Things: Intel, IDC, United Nations 2016.

Arguably one of the most widely used technological innovations among consumers

e-Commerce is the marketing, buying and selling of goods and services through electronic communication channels, most commonly the Internet. “Online shopping” has made massive inroads across a landscape that remained largely unchanged throughout recent memory, with online-based year-on-year sales growth figures of 16.4% dwarfing retail’s 4.5%. Around 87% of the global online population regularly use e-Commerce for purchases spanning just about every category of consumer product.   

Source for sales growth: U.S. Census Bureau. Based on U.S. sales, year-over-year, as of 30 June 2018. Quarterly year-over-year change, as of 2018 preliminary estimate.
Source for online purchases: eMarketer, Inc. "2015".

In order to give investors the opportunity to benefit from this sea-change of technological progress, the Franklin Technology mutual fund from Franklin Templeton Investments leverages these three growth themes for sustainable growth. The fund seeks out cutting-edge technologies worldwide, investing in companies whose products and services fit the profile of leading technology growth themes with outstanding potential. With its network of over 600 investment professionals from 42 international research firms, Franklin Templeton Investments maintains a global perspective refined by local expertise, that is, seeing the big picture while focusing on the details. 

Tap into the highly lucrative world of high-tech investing with Franklin Technology mutual fund, exclusively offered in US Dollar currency in Thailand, only by Citigold, the only global wealth advisor in Thailand that lets you invest directly in up to 180 mutual funds from 16 leading onshore and offshore fund managers.

Invest with Franklin Templeton Investments, an international fund management company, through Citigold.

To speak with a Citigold relationship manager about these investment products, please call 02-081-0999 or visit https://citi.asia/THDCgFrT for more information.

(1) Investments contain certain risk; please study the prospectus and all relevant materials before investing. Investment products are not offered to US persons and Canadian residents.

(2) Foreign Exchange Risk: Investors investing in investment products denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal when foreign currency is converted back to the investors’ home currency. Exchange controls may be applicable from time to time to certain foreign currencies. Investors should therefore determine whether any foreign currency investment in suitable for them in the light of their personal investment objectives, financial means, and risk profile.

(3) This document is for information only and does not constitute investment advice or a recommendation and was prepared without regard to the specific objectives, financial situation or needs of any particular person who may receive it. Any research and analysis contained in this presentation has been procured by Franklin Templeton Investments for its own purposes and may be acted upon in that connection and, as such, is provided to you incidentally. Any views expressed are the views of the fund manager and do not constitute investment advice. The underlying assumptions and these views are subject to change. Franklin Templeton Investments accepts no liability whatsoever for any direct or indirect consequential loss arising from the use of any information, opinion or estimate herein. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested.
Any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets is not necessarily indicative of the future or likely performance.

(4) Past performance or any prediction or forecast is not necessarily indicative of future performance of the Fund. Subscriptions may only be made on the basis of the most recent Prospectus and Product Highlights Sheet which is available at Templeton Asset Management Ltd or our authorised distributors. Potential investor should read the details of the Prospectus and Product Highlights Sheet before deciding to subscribe for or purchase the Fund. This shall not be construed as the making of any offer or invitation to anyone in any jurisdiction in which such offer is not authorised or in which the person making such offer is not qualified to do so or to anyone to whom it is unlawful to make such an offer. In particular, this Fund is not available to U.S. Persons and Canadian residents

Investors may wish to seek advice from a financial adviser before making a commitment to invest in shares of the Fund. In the event an investor chooses not to seek advice from a financial adviser, he/she should consider whether the Fund is suitable for him/her.

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