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F F F Government Shutdown F 4/2015 TPP FF 2/2016 ก Fund Management Service US กก ก ก 0-0.25% ก.. ก กก Government Shutdown ก 4/2015 กก TPP 2/2016 กก กกกก ก.. 2015 ก (47%) Fund Management Service Europe ก ก • ก 3/2015 0.2% (QoQ) กก 0.4%(QoQ) กกกกก ก GDP 2015 ก 1.7% กก 1.8% ก 2016 1.8% • Flash PMI Markit 54.0 กก.. 53.6 ก กกก ก ECB ก QE ECB ก ก QE ก Fund Management Service China ก • GDP 3/2015 6.9% YoY ก กก • Caixin PMI กก.. 48.3 กก 47.2 ก ก 50 ก • กกกก (กก ) ก • กก กก กก Tier-1 city ก กกก กก กก ก PBoC RRR ( 17.5% 23 ..) ก (กก ก 1 1.5% 4.35% 23 ..) กก RRR กก 50-100 bps 2015 ก 2016 Fund Management Service Japan ก BOJ กก ก กก (ก 0.8% YoY ก ก 1.8% YoY กก -3.9% YoY) ( 0% YoY) ก ก BOJ QQE 80 ก ก กกก ก BOJ ก กกก BOJ ก GDP 2015 2016 ก 1.7% 1.5% 1.2% 1.4% 2.0% ก 2/2016 ก ก 1/2016 Fund Management Service Thailand ก ก GDP 2.5-2.9% กกกก ก 4.8 ก 2015-2016 (ก กก- 8 ) กก CO2 Emission 10,000-400,000 ก กก กก 2016 ก . กกก กGDP 2015 2.5-2.9% Fund Management Service กก 7 Fund Management Service ก 31 2558 8 Fund Management Service SET INDEX & Foreign Fund Flow YTD Foreign net sell 107,334 MB +38,231 -36,582 +58,593 -5,118 +76,388 -193,910 31 2558 9 Fund Management Service MAJOR INDEX Index Return YTD Return Sep (MOM) Return Oct (MOM) Dow Jones -0.90% -1.47% 8.47% S&P500 0.99% -2.64% 8.30% FTSE 100 -3.12% -2.98% 4.94% Xetra DAX Index 10.65% -5.84% 12.32% CAC 40 14.63% -4.25% 9.93% Vietnam Index 11.32% -0.37% 7.95% Nikkei 225 9.35% -7.95% 9.75% KOSPI Index 5.94% 1.10% 3.40% SSE Composite 4.57% -4.78% 10.80% PSE Composite Index -1.33% -2.89% 3.49% BSE SENSEX -3.06% -0.49% 1.92% Hang Seng Index -4.09% -3.80% 8.60% FTSE Bursa Klci -5.42% 0.51% 2.76% SET Index -6.86% -2.42% 3.41% Taiwan Weighted -8.09% 0.08% 4.56% Straits Times Index -10.90% -4.47% 7.43% JSX Index -14.77% -6.34% 5.48% 31 2558 10 Fund Management Service SECTOR PERFORMACE Sector Return YTD Return Sep (MOM) Return Oct (MOM) Electronic Components 20.83% 3.37% 2.15% Health Care Services 18.12% -3.55% 1.81% Construction Materials 9.27% -1.32% 1.96% Tourism & Leisure 8.84% 4.13% 1.89% Petrochemicals & Chemicals 8.51% -4.86% 3.02% Insurance 3.46% 2.92% 0.10% Commerce 2.19% -2.39% 2.61% Transportation & Logistics -0.99% 0.49% 3.69% Automotive -5.73% 2.00% 2.94% Property Development -6.91% 2.12% 4.44% Food & Beverage -10.60% 4.94% 0.28% Information & Communication -10.70% -3.93% 3.82% Energy & Utilities -11.85% -7.45% 7.36% Media & Publishing -20.73% -6.29% 1.22% Agribusiness -21.13% 2.18% 0.38% Banking -21.88% -3.70% 2.75% SET INDEX -6.86% -2.42% 3.41% 31 2558 11 Fund Management Service ก กกก กก . ก กกกกก ก ก FED ECB BOJ 12 Fund Management Service Portfolio Weightings Earnings growth + Government policy ก Convenience Store ก ก ก กกก ก กกก- ก กกก กกกกก กกกก ก ก กกก- กก กกก ก CLMV กกกกกก ก ก ก ก กก กก ก ก ก ก กกกก กก ก 4Q58-1Q59 กก ก กกกก ก ก 13 กก Fund Management Group Fund Management Service 01/01/2015 01/07/2014 01/01/2014 ก 01/07/2013 กกกกกกTH REPO US FED FUND ECB 01/01/2013 01/07/2012 ก 01/01/2012 01/07/2011 01/01/2011 : BOT and BBLAM 4.5% 4.0% 01/07/2010 2558 Ref 3.5% 01/01/2010 3.0% 01/07/2009 2.5% 2.0% 01/01/2009 1.5% 01/07/2008 1.0% 01/01/2008 0.5% 0.0% กกก 2558 ก ก กก 1.50%(E) กกDate REPO Y2015 28-Jan-15 2.00% 11-Mar-15 1.75% 29-Apr-15 1.50% 10-Jun-15 1.50% 05-Aug-15 1.50% 16-Sep-15 1.50% 04-Nov-15 1.50% 16-Dec-15 Fund Management Service Foreign Fund Flow ก Source: ThaiBMA Fund Management Service Source: ThaiBMA Fund Management Service Fund Management Group กก ก ก 1.50% ก Yield Curve กก Duration Strategy Slightly Overweight Duration ก BM Fund Management Service Fund Management Group กก • ก 2 -8 ก ก ก กกกก , ก ก • กกกก credit spread ก กก ก • กก 7 RMF & LTF Fund Management Service ก RMF 12 ก ก ก MM-RMF (Duration) ก 1 2 BFRMF ก 4 กก 75% NAV B25RMF ก 25% NAV 5 ( & ) BFLRMF ก 0-100% BERMF กก IN-RMF กก BSIRIRMF ก กกกก 6 B-SM-RMF กกกกกกก ก 80 NAV กกก 4 ก BBASICRMF ก กก 25% NAV Wellington Management Portfolios (Luxembourg) - Global Opportunities Equity Portfolio B-GLOBALRMF 6 กก ก Wellington Management Portfolios (Dublin) Plc. Global Health Care Equity Portfolio BCARERMF 7 กก Health Care ก BGOLDRMF กก SPDR Gold Trust ก 8 21 Fund Management Service กก 30 .. 58 Morningstar Fund size 3 6 1 3 5 10 ก Rating () (%) (%) (%) (%) (%) (%) (%) (%) Overall ก MM-RMF Money market 1,447.16 0.76 1.02 1.35 1.90 2.07 - 1.29 1.75 12/11/2551 ก ก (1) 1.29 1.31 1.47 1.83 2.05 - 1.43 - กก 3 0.93 0.93 1.00 1.29 1.43 - 0.98 - BFRMF 7,997.65 1.48 1.17 3.14 3.31 2.99 3.19 2.46 2.74 27/11/2545 ก (2) 1.86 1.90 3.23 3.11 2.96 4.08 2.80 - B25RMF 2,981.08 -0.10 -0.69 -0.16 9.43 28.52 - 1.08 40.65 21/11/2550 ก (3) -0.47 -1.84 -1.08 9.24 22.30 - -0.11 - BFLRMF 12,602.25 -1.14 -5.36 -6.79 16.18 85.47 221.8 -2.29 432.32 27/11/2545 ก (4) -1.32 -4.69 -4.73 9.60 29.60 83.59 -2.32 - : กกก (AIMC) กก ก ก (1) : Zero Rate Return 1 50 กกก 3 1 ก กก 40 กก 1 ก (SIBOR1M) กกก ก Credit Spread ก A 1 10 ก (2) : ThaiBMA Government Bond Index (Total Return Index) 1-3 30 ThaiBMA Government Bond Index (Total Return Index) 3-7 30 กก 1 1 ก กก 40 ก (3) : ก 25 ThaiBMA Government Bond Index ( Total Return Index ) 1-3 37.5 กก 1 1 ก กก 37.5 ก (4) : ก 50 ThaiBMA Government Bond Index ( Total Return Index ) 1-3 25 กก 1 1 ก กก 25 22 Fund Management Service กก 30 .. 58 Morningstar Fund size 3 6 1 3 5 10 ก Rating () (%) (%) (%) (%) (%) (%) (%) (%) Overall BERMF 6,467.25 -1.24 -6.25 -7.89 17.67 94.12 250.65 -2.49 706.85 27/11/2545 IN-RMF 3,676.64 -3.57 -10.28 -10.85 22.75 81.27 - -6.57 120.93 23/05/2551 กก 3 B-SM-RMF 1,057.69 -2.69 -12.88 -7.81 - - - -3.75 16.53 20/11/2555 SET Index -3.14 -10.32 -11.94 8.83 41.70 104.46 -6.86 - กก 3 BSIRIRMF 3,651.43 -4.19 -11.70 -11.54 - - - -7.33 -7.35 17/05/2556 SET High Dividend 30 Index -7.96 -17.61 -18.70 - - - -12.05 - กก 3 BBASICRMF 1,197.11 0.44 -4.20 -3.65 - - - 1.91 3.33 16/05/2557 ก (5) -2.93 -7.58 -8.02 - - - -4.04 - BCARERMF 2,531.20 -7.45 - - - - - - 0.69 19/05/2558 (กก) MSCI World Health Care Index Net -0.80- - - - - - - BGOLDRMF - 1,026.69 6.67 4.56 4.81 -24.75 -4.69 - 3.31 -2.25 19/05/2553 LBMA Gold Price PM 4.99 5.62 7.30 -22.89 0.70 - 2.46 - : กกก (AIMC) กก ก ก (5) : ก 80 MSCI World Index กกก 20 23 Fund Management Service 24 Fund Management Service ก LTF 2 ก ก ก B-LTF ก 65 NAV 6 BLTF75 ก 65 ก 75 NAV *** 2 ก *** กก 30 .. 58 Morningstar Fund size 3 6 1 3 5 10 ก Rating () (%) (%) (%) (%) (%) (%) (%) (%) Overall B-LTF 33,864.82 -1.27 -6.15 -7.80 17.68 93.96 253.51 -2.48 243.92 11/11/2547 BLTF75 25,712.69 -1.05 -4.75 -5.85 12.87 70.03 - -1.56 146.67 18/05/2550 SET Index -3.14 -10.32 -11.94 8.83 41.70 104.46 -6.86 - : กกก (AIMC) กก ก 25 Fund Management Service 26 ก (FIF) Fund Management Service ก ก 4 ก ก ก ก กก Wellington Management Portfolios (Dublin) Plc. BCARE Global Health Care Equity Portfolio ก กก 7 ก Health Care ก Wellington Management Portfolios (Luxembourg) - B-GLOBAL Global Opportunities Equity Portfolio ก กก ก ก Nomura Japan Strategic Value Fund ก 75 B-NIPPON 6 กก Invesco Asian Equity Fund (Dublin) ก 75 B-ASIA *** 4 ก *** 28 Fund Management Service กก 30 .
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