Mega Trends are global macro-economic forces of development that are shaping the world.
They impact business, economy, society, culture, and the personal lives of all human kind. They include some of society’s biggest challenges and opportunities. If investors understand Mega Trends better, they can utilise their benefits move effectively.
Breakthroughs in technology are increasing productive potential and opening up new investment opportunities.
Technology is playing a major role and bringing far-reaching changes in people’s daily lives in communications, services, online trade, and e-Payment, among others. AI (Artificial Intelligence) and 5G will also bring major changes in people’s behaviours and lifestyles.
Further, technology has led to business disruption and transformation in several industries, spanning media, advertising, retail, finance, and automobiles, among others. Companies that can develop and extend these factors in their businesses will earn the ability to grow.
Technology is now one of the world’s biggest industries. Seven tech stocks are among the world’s top 10 companies in terms of market capitalisation. Last year, Apple became the first US firm to reach a market capitalisation of over one trillion US dollars. (Source: www.investingmoney.biz, as of April 2019).
New technologies will undoubtedly arise that will give their developers competitive advantages and make them new market leaders. For example, in the advertising industry, Google and Facebook have managed to capture 25 per cent of the world’s billings. (Source: http://singularityhub.com, as of April 2019). Tesla has led the US automobile industry. (Source: Bloomberg, as of April 2019). Yu’e Bao of Alibaba became the world’s largest money market fund just four years after its establishment. (Source: macrobusiness.com.au, Moody’s, Wind, Bloomberg, as of May 2017). These moves point to technologies entirely replacing traditional businesses within a short period.
Source: Blackrock as of 31 July 2019
With these changes, tech firms have recorded high growth with satisfactory cash flow and great profit, becoming an attractive industry for investment. The nature of such growth differs from the dot-com crisis some 20 years ago when stocks were traded at 60-80 times and, eventually, were in bubbles.
Moreover, the tech industry has better fundamentals, with the ability to grow firmly. Prices of tech stocks still remain reasonable, based on robust balance sheets.
Therefore, now is the time and opportunity for investment in equities, particularly tech stocks that have not been highly affected by the trade tensions and still have high growth potential. Tech stocks are also expected to be the key drivers of global economic growth in the next decade.
Citigold is a wealth management service by Citibank that partners with Krungsri Asset Management Company to create more opportunities for investors to profit from the new tech-driven era of the global economy.
As a wealth management service in Thailand that provides 180 local and foreign fund allocations, Citigold’s customers gain direct access to six renowned local asset management companies and eleven foreign asset management companies. (More details, please visit link: xxx)
Krungsri Asset Management’s new World Tech Equity Hedged FX Fund – KFHTECH-A is one of them. The fund will invest mainly in BGF World Technology Fund, the global five star-rated mutual fund by Morningstar. (Source: Morningstar rating from Blackrock, as of August 2019).
Further, investing via Citigold, investors can directly purchase foreign bonds from over 60 world-leading companies such as Walt Disney, Apple, Coca-Cola, Microsoft and others.
A Citigold goal-based wealth planning tool – Total Wealth Advisor (TWA) and Citigold Wharton Global Wealth Institute trained Relationship Managers (RMs) help investors set their goals and track their progress towards achieving them more systematically.
Besides wealth growth, Citigold customers are guaranteed hundreds of privileges and offers. These include travel and lifestyle privileges, including: availability of Citibank’s global banking network around the world; complimentary airport limousine transfers in Bangkok, Asia-Pacific, Europe, and United States; Club Marriott Membership card, and exclusive selection of birthday gifts, among others.
Moreover, after downloading the Citi Mobile App®, investors can use a Citibank Global Wallet to avoid interchange charges when they shop overseas or online globally. You can control the best time to fund your account when exchange rates are favourable. You can also enjoy fee-free withdrawals at Citi ATMs worldwide. Using Citibank Debit MasterCard you have the option of the following currencies: USD, EUR, HKD, SGD, AUD, CHF, JPY, and GBP.
Start investing and capitalising on the increasing opportunities presented by the world’s upcoming mega technology trend with Citigold from 1 Oct’19 to 30 Dec’19 to receive up to 800,000 Citi Reward Points*. Furthermore, you can enjoy all your Citigold premium offers and benefits by calling 02-081-0999 or visit https://citi.asia/tHScCgBC.
For Fund’s details or the Fund Prospectus, please click here:
Disclaimer:
(1) The fund has risk level 7 (High Risk). Investors should seek advice before making an investment decision.
(2) The fund may invest in non-investment grade or unrated debt securities, so investors may be exposed to risk which result in loss of investment return and principal.
(3) The Fund concentrates its investment in particular sectors (resulting in sector concentration risk). Therefore, the investors may incur a substantial loss of investment.
(4) Before remitting in money, please carefully study fund features, performance, and risk. Past performance is not a guarantee of future results. This document is not the fund’s prospectus, produced for general information only. Shall you have any queries, please contact the Management company.
(5) Investment contains certain risk, please study prospectus before investing. Not an obligation of, or guaranteed by, Citibank. Not bank deposits. Subject to investment risks, including possible loss of the principal amount invested. Subject to price fluctuation. Past performance does not guarantee future performance. Not offered to US persons. Investors investing in investment products denominated in non-local currency should be aware of 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 is suitable for them in the light of their personal investment objectives, financial means and risk profile.
*Terms and conditions apply.