The fund’s core investment is in physical gold, which provides investors with direct exposure to the price movements of the precious metal. Additionally, the fund may hold:

1. Gold ETFs: These exchange-traded funds allow investors to gain exposure to the price of gold without needing to physically own it. Gold ETFs are a cost-effective and liquid way to invest in gold.

2. Gold Mining Stocks: The fund may also invest in the stocks of companies involved in gold mining, providing indirect exposure to gold prices. Gold mining companies tend to perform well when the price of gold rises, making them a valuable addition to the fund's portfolio.

3. Gold-Related Financial Products: The fund may invest in other gold-related assets, such as gold futures or options, to further diversify and enhance returns based on the price of gold.

Performance and Risk Factors

While the DAOL-GoldRMF Fund aims to provide capital preservation and potential growth through gold, its performance is closely tied to the price fluctuations of gold. Gold tends to perform well during times of economic instability, high inflation, or when there is a loss of confidence in traditional currencies.

Key risks to consider with the fund include:

• Commodity Price Risk: The fund’s performance depends on the price of gold. Factors like changes in global demand for gold, interest rates, geopolitical tensions, and inflation can significantly impact gold prices.

• Market Volatility: Gold prices can be volatile, particularly in the short term. Economic or market events may lead to sudden changes in the price of gold, which could influence the fund’s performance.

• Liquidity Risk: While gold is generally a liquid asset, some of the fund's gold-related investments, such as mining stocks or futures contracts, may not be as liquid as physical gold or ETFs.

Despite these risks, the fund is designed for those who wish to add a safe-haven asset to their portfolio, particularly during periods of uncertainty or economic downturns.

Tax Benefits of the RMF Structure

As an RMF fund, the DAOL-GoldRMF Fund offers significant tax advantages for investors. Contributions to the fund are eligible for tax deductions of up to 30% of an individual’s annual income, with a maximum deduction of 500,000 Baht. This tax benefit encourages long-term retirement savings, allowing investors to benefit from both growth in the value of gold and tax-saving opportunities as they plan for retirement.

Conclusion

The DAOL-GoldRMF Fund provides an excellent opportunity for investors looking to diversify their retirement portfolios with gold, a proven hedge against inflation and market volatility. By investing in gold and gold-related assets, the fund aims to offer capital appreciation over time while maintaining a focus on capital preservation. The RMF structure further enhances its appeal by offering tax benefits, making it an attractive choice for retirement planning. However, as with any investment in commodities, potential investors should consider the inherent risks associated with fluctuations in the price of gold and ensure the fund aligns with their long-term financial goals. shutdown123