Feeder Fund
KT-GMO-A
KTAM Global Macro Opportunities Fund
Data as of 02/12/2025
Information
| Fund type | Open-end Mixed Fund, Feeder Fund |
| Risk Level | 6 |
| Investment Policy | This fund primarily invests in only one fund namely the Class-I shares of the JPMorgan Investment Funds – Global Macro Opportunities Fund (the master fund), averaging at least 80% of NAV during the financial year or according to the portfolio weight prescribed by the SEC. |
| Master Fund | JPMorgan Investment Funds – Global Macro Opportunities Fund |
| ISIN (Master Fund) | LU0248010471 |
| Management Company (Master Fund) |
JPMorgan Asset Management (Europe) S.à r.l. |
| Investment Policy (Master Fund) |
The master fund will primarily invest, either directly or through the use of financial derivative instruments, in equity securities, commodity indices, convertible securities, debt securities, deposits at financial institutions and money market instruments. Issuers of these securities may be domiciled in any country, including emerging markets. The Fund may invest in China A-Shares via the Shanghai-Hong Kong Stock Connect program. The Fund may invest in non-investment grade and unrated debt securities. Portfolio allocation is flexible and the fund may take long or short positions (through the use of financial derivatives), depending on asset type, market conditions, and investment opportunities. Over time, the portfolio allocation may change significantly and may shift focus to different markets, sectors, or currencies, given prevailing conditions. The fund may invest in financial derivatives to achieve its investment objectives, such as to hedge risks. These financial derivatives are not limited only to currency options, but also include other types of derivatives. The fund may invest in assets denominated in various currencies and may hedge against fx risks. |
| Currency (Master Fund) | EUR |
| Hedging Policy (in THB) | Subjected to the discretion of the fund manager to cope with the prevailing investment climate. |
| Dividend Policy | No dividend |
| Minimum Subscription | Initial: 1 Baht Subsequent purchases: 1 Baht |
| Minimum Redemption | None |
| Trading Hours | Every business day of the fund from 8.30 – 15.30 hrs Krung Thai Bank and Selling Agents Internet Trading: KTAM SMART TRADE (www.ktam.co.th) |
| Settlement Period | T+4 |
| Management Fee | Not exceeding 2.675% p.a.1 (Currently 0.6687% p.a.1) |
| Trustee Fees | Not exceeding 0.0749% p.a.1 (Currently 0.0321% p.a.1) |
| Registrar Fee | Not exceeding 0.535% p.a.1 (Currently 0.2140% p.a.1) |
| Front-end Fee | Not exceeding 5% (Currently 1.50%1) |
| Back-end Fee | Not exceeding 3% (Currently waived) |
| Bloomberg Ticker | Ticker (Master Fund) : JPMECAA LX Ticker : KTAGMOA TB |
1This rate include VAT, special business tax, and other similar taxes.
Portfolio information
Asset allocation proportions (Data as of 31/10/2025)
Securities with the highest investment value 5 First rank (Data as of 31/10/2025)
| Securities | Credit rating | (% NAV) |
|---|---|---|
| Unit Trust JPM Global Macro Opportunities Fund I Acc EUR | N/A | 96.57 |
Investment in other funds exceeding 20% (domestic and/or foreign funds) (Data as of 31/10/2025)
-
Fund Name : Unit Trust JPM Global Macro Opportunities Fund I Acc EUR
ISIN code : LU0248010471
Bloomberg code : JPGMIAE LX
Statistical information (Data as of 31/10/2025)
-
Maximum Drawdown-18.50 %
-
Recovering PeriodN/A
-
FX Hedging94.83 %
-
Portfolio Turnover Rate0.19
© Copyright 2025 Morningstar Research Thailand. This information (1) is the property of Morningstar and/or its data providers, (2) reproduction or distribution is prohibited, and (3) Morningstar does not guarantee accuracy or completeness and is not responsible for any damages arising from its use. Past performance is not indicative of future results.
Note: Please read and refer to the prospectus summary for more detailed information.
Investors must understand the product features, return conditions, and risks before making an investment decision.
Performance results
| Time period |
Past Performance (%)
( Ending on date 31 October 2025 ) |
Volatility (Standard Deviation) (% per year) | ||||
|---|---|---|---|---|---|---|
| KT-GMO-A | Benchmark 1 | Benchmark 2 | KT-GMO-A | Benchmark 1 | Benchmark 2 | |
| Year-to-date return | -0.43 | 0.56 | - | 6.44 | 6.44 | - |
| Last 3 months | 3.93 | 4.43 | - | 5.71 | 5.86 | - |
| Last 6 months | -1.53 | -0.73 | - | 5.61 | 5.61 | - |
| Last 1 year | -0.36 | 1.42 | - | 6.63 | 6.66 | - |
| Last 3 years | -0.79 | 1.07 | - | 7.38 | 7.48 | - |
| Last 5 years | -0.72 | -1.40 | - | 7.05 | 7.29 | - |
| Last 10 years | - | - | - | - | - | - |
| Since fund inception | 1.07 | -1.87 | - | 6.88 | 6.80 | - |
* Peer Group Fund Performance Report by AIMC
Benchmark 1 is The benchmark is the performance of the master fund adjusted for foreign exchange risk hedging costs conversion into Thai Baht.
Average Instrument Lifetime
Modified Duration 0.00
Benchmark 1 is The benchmark is the performance of the master fund adjusted for foreign exchange risk hedging costs conversion into Thai Baht.
Annual performance results
| Year | Past Performance (%) | Volatility (Standard Deviation) (% per year) | ||||
|---|---|---|---|---|---|---|
| KT-GMO-A | Benchmark 1 | Benchmark 2 | KT-GMO-A | Benchmark 1 | Benchmark 2 | |
| 2024 | 3.89 | 6.40 | - | 5.92 | 6.14 | - |
| 2023 | -3.76 | -1.84 | - | 9.37 | 9.55 | - |
| 2022 | -12.61 | -13.20 | - | 7.28 | 7.51 | - |
| 2021 | 4.41 | 1.02 | - | 5.59 | 6.19 | - |
| 2020 | 12.61 | 8.75 | - | 6.35 | 7.11 | - |
| 2019 | 1.45 | -9.49 | - | 4.71 | 4.94 | - |
| 2018 | -2.75 | -5.22 | - | 6.16 | 5.58 | - |
| 2017 | 16.58 | 2.89 | - | 9.04 | 6.07 | - |
| 2016 | -5.95 | -5.68 | - | 5.74 | 6.60 | - |
* Peer Group Fund Performance Report by AIMC
Benchmark 1 is The benchmark is the performance of the master fund adjusted for foreign exchange risk hedging costs conversion into Thai Baht.
Duration อายุเฉลี่ยตราสาร
Modified Duration 0.00
Note :
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The fund performance is prepared in accordance with AIMC standards no. สจก.ร. 1/2566 by
- Past performance less than 1 year is % for each period (not annualize)
- Past performance more than 1 year is % per year (annualize)
- The assessment of the fund's performance as shown on this website has been in accordance with the assessment standards set by the Association of Investment Management Companies (AIMC).
- Past performance of the fund may not be indicative of future operation.