Feb 02, 2026 (MarketLine via COMTEX) --
TISCO Asset Management launched the TISCO Gold Unhedged Fund (TGOLDaEUR"UH) to capture gains from global gold prices and will not hedge currency risk.
TISCO Asset Management launches TISCO Gold Unhedged Fund (TGOLD – UH), offering opportunities to profit from global gold prices and is a non-currency hedged fund. The fund indicates that gold prices have further upside potential due to demand from central banks and continued investor demand amid ongoing geopolitical risks.
Mr. Saharat Chudsuwan, Managing Director of TISCO Asset Management Co., Ltd., revealed that there has been a continuous demand for gold investments from clients in recent months. Therefore, to enhance opportunities for generating such returns, TISCO Asset Management is announcing the launch of the TISCO Gold Unhedged Fund (TGOLD – UH), a level 8 risk fund (very high risk), which focuses on investing in units of the SPDR Goal Trust (the underlying fund), an Exchange Traded Fund (ETF) listed on the Hong Kong Stock Exchange. The initial public offering (IPO) will take place from February 2-10, 2026.
It should be noted that the TGOLD – UH fund does not fully hedge against exchange rate risk. This caters to clients who can tolerate currency risk, offering the potential for additional returns if the Thai baht weakens, as well as those seeking long-term investments without the associated costs of hedging.
"In recent years, gold has played an increasingly important role in international reserves, with central banks of various countries continuously purchasing gold for their portfolios. Demand is expected to increase further this year. In addition, funds from ETFs continue to flow into gold due to buying by individual investors. It is anticipated that gold will remain a desirable asset for investors in the future as global geopolitical risks increase," said Mr. Saharat.
The TGOLD – UH open-ended fund does not fully hedge against exchange rate fluctuations. Investors may experience losses or gains from exchange rate changes, or receive a return lower than their initial investment. Interested investors should understand the product characteristics, return conditions, and risks before making an investment decision. For more information or to request the prospectus for other mutual funds from TISCO Asset Management, please contact TISCO Asset Management, any TISCO Bank branch, TISCO Contact Center at 0 2633 6000 ext. 4, 0 2080 6000 ext. 4, www.tiscoasset.com, or the TISCO My Funds application.
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COMTEX_473322116/2227/2026-02-11T06:39:11
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