Page 51 - 凱基證券 年報

KGI Securities Investment Trust Co. Ltd.
KGI Securities Investment Trust Co. Ltd. (KGI SITC) was
established on April 19, 2001 with capital of NT$300mn. KGI
SITC aims to create wealth for its clients and to be their life-
long financial partner, while focusing on its three major goals
of new product development, high fund performance and
refinement of customer service.
The research and investment personnel of KGI SITC all have
solid grounding in the financial business, and have achieved
outstanding results. Investment professions all individually
have at least ten years of investment experience. The quality
of KGI SITC's research earned KGI Pioneer Fund the award
of Best Domestic Equity Fund from the Taipei Foundation of
Finance in 2004.
2010 Performance
The performance of KGI SITC's mutual funds was stellar in
2010. Among other accolades, the KGI Big Five Taiwan Fund,
KGI Pan-Asia Taiwan Enterprises Fund and KGI Asia VIPH
Fund were ranked first, fourth and fifth in their respective fund
categories last year.
KGI SITC has also made great strides in product development.
One of the two public funds launched in 2010 is the KGI EM
Trend ETF Fund of Funds. Launched on August 9, the fund,
targeting emerging markets, is the first of its kind in Taiwan and
aims to benefit from emerging economies worldwide (known
as the Golden BRICS) by investing in ETFs. Investing in ETFs
circumvents barriers to entry in emerging markets. The KGI EM
Trend ETF Fund of Funds simultaneously tracks commodity
ETFs and short ETFs, adding invaluable flexibility to clients’
investment portfolios.
The other public fund launched last year on September 27,
was the KGI Resource Countries Fund. Targeting five natural-
resource giants (Indonesia, Canada, Australia, Brazil and
Russia), the fund targets business opportunities generated
by the global energy crunch, as well as transaction-driven
opportunities in resource-producing countries' domestic
markets. In other words, the KGI Resource Countries Fund
captures not only the potential of lucrative natural-resource
firms, but also the explosive growth potential of resource-
producing countries' domestic markets.
As for private equity funds, these have been proactively
developed by KGI SITC since Taiwan's legislature passed the
Securities Investment Trust & Consulting Act in 2004. KGI SITC
has developed innovative, distinctive and high value-added
financial products tailored for private equity funds that target
high net worth investors. In April 2005, KGI SITC became the
first in Taiwan to offer private equity funds. As of the end of
2010, it has a total of six private equity funds. Over this period,
KGI SITC has established a reputation for operating some of
Taiwan's most consistent and rewarding funds.
Aside from operating its own KGI SITC branded mutual funds,
KGI SITC is also a sole distributor of funds in Taiwan. On
December 8, 2010, it launched on the Taiwan Stock Exchange
the W.I.S.E.-SSE 50 China Tracker, which was the first A-share
ETF legally available in Taiwan with the original component
stocks. W.I.S.E.-SSE 50 China Tracker mainly tracks the SSE
50 Index, composed of the 50 largest and most liquid stocks
traded on Shanghai Stock Exchange. This groundbreaking
fund allows domestic investors in Taiwan to benefit directly
from the dynamic growth of the Shanghai stock market.
With its Discretionary Investment Business License, KGI SITC
is a legal provider of custom-made financial products that
are designed to meet the varying needs of investors with a
diversified and broad range of products. In 2010, KGI SITC
successfully linked its funds to investment-oriented insurance
policies issued by life insurers. As of the end of 2010, KGI
SITC was managing NT$10.3 billion worth of assets, including
public and private equity funds, as well as assets from its
discretionary investment business.
2011 Outlook
In 2011, KGI SITC has included in its annual operating plan
goals to develop innovative products, enhance business
performance, broaden the product portfolio, expand sales
channels for life insurance and improve corporate brand
image. KGI SITC has identified its ultimate goal as increasing
customers ’ wealth. It will also move closer toward a complete
product offering by means of product differentiation, with the
49 KGI 凱基證券投資信託股份有限公司
KGI Securities Investment Trust Co. Ltd.