SOURCE: DMS Funds

DMS Funds

February 05, 2014 08:30 ET

DMS Funds Launches DMS Thailand Select 33 Index Fund

New Fund Seeks to Replicate Performance of NASDAQ Thailand Select 33 Total Return Index

LEESPORT, PA--(Marketwired - Feb 5, 2014) - DMS Funds CEO Peter Kohli today announced the launch of the DMS Thailand Select 33 Index Fund. DMS Funds is a mutual fund company offering funds based on stock exchange and sector benchmark indexes in emerging and frontier markets.

The DMS Thailand Select 33 Index Fund seeks to replicate as closely as possible, before fees and expenses, the price and performance of the NASDAQ Thailand Select 33 Total Return Index, which comprises 33 of the largest and most widely traded stocks, with no individual industry exposure exceeding 20%, on the Stock Exchange of Thailand (SET). The DMS Funds research team worked closely with the NASDAQ OMX Global Indexes research team to create the NASDAQ Thailand Select 33 Total Return Index.

"We're thrilled to announce the DMS Thailand Select 33 Index Fund, the newest addition to the DMS Funds family. We're also excited by the prospect of continuing to work with NASDAQ OMX Global Indexes to identify the strongest and fastest growing emerging and frontier markets, and giving investors a simple and easy way to participate in the opportunity these economies provide," stated Mr. Kohli.

"We believe investors today are searching the globe for growth, performance and opportunity. NASDAQ holds the view that companies like DMS Funds are ahead of the curve in developing and bringing to market concepts and exposures that will provide investors access to fast-growing emerging and frontier economies. We look forward to continuing to build our partnership with DMS Funds and the launch of new NASDAQ OMX-inspired creations -- like the NASDAQ Thailand Select 33 Total Return Index and DMS Thailand Select 33 Index Fund," stated Robert J. Hughes, Vice President-NASDAQ OMX Global Indexes.

The companies included in the NASDAQ Thailand Select 33 Total Return Index represent Thailand's financial, oil and gas, consumer services, industrial, telecommunications, consumer goods, basic materials, utilities, technology and health care industries. Additional information about the DMS Thailand Select 33 Index Fund may be viewed at www.dmsfunds.com.

Among the reasons cited by Mr. Kohli for the focus on Thailand:

  • The Stock Exchange of Thailand (SET), from which the companies included in the NASDAQ Thailand Select 33 Total Return Index are drawn, has delivered consistently solid returns over the last several years.
  • Thailand is one of the fastest growing nations in Asia; it's GDP of 5.3% (versus 1.8% for the U.S.) is the highest in Southeast Asia.
  • During the recent market turmoil resulting from fears of an end to U.S. quantitative easing, Thailand remained strong and, following resolution of the taper scare, quickly continued its strong growth trajectory.
  • Thailand's unemployment rate is extremely low (0.89%).
  • Thailand has a strong and fast-growing growing middle class.
  • Thailand maintains a relatively high minimum wage.
  • Thailand maintains a high level of foreign reserves, has a low tax rate and no capital gains tax for private investors.
  • Thailand is a founding member of the Association of Southeast Asian Nations (ASEAN), a geo-political and economic organization formed in 1967 that is focused on accelerating economic growth, social progress and cultural development among its members.
  • Thailand is the second most popular business hub in region, following Singapore.

About DMS Funds
DMS Funds, established in early 2012, is focused exclusively on offering mutual funds based on stock exchange and sector benchmark indexes in emerging and frontier markets. Additional information about DMS Funds may be found at www.dmsfunds.com.

DISCLAIMER:
There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.

You cannot invest directly in an index. Investments in Mutual Funds involve risk including possible loss of principal.

The Fund may invest in frontier and emerging markets, composed of companies that are typically smaller and younger and therefore more volatile and riskier than established markets. Investment in frontier and emerging markets could result in loss of principal. Single country (Poland), emerging market, and frontier risks involve the chance that world events, such as political upheaval, financial troubles, or natural disasters, will adversely affect the value of the securities issued by companies in individual foreign countries or regions.

Non-diversified fund status. Under the United States Investment Company Act of 1940 (the "1940 Act"), the Fund has elected to be classified as a "non-diversified" fund. Generally speaking, a diversified investment portfolio (spread among many investments with no substantial concentration in any one investment) is not as risky as a non-diversified portfolio. Currency risk involves the chance that the value of a foreign investment, measured in U.S. Dollars, will decrease due to unfavorable change in currency exchange rates. 

Investors should carefully consider the investment objectives, risks, charges and expenses of the DMS Thailand Select 33 Index Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.dmsfunds.com or by calling 855-367-4900. The prospectus should be read carefully before investing. The DMS Thailand Select 33 Index Fund is distributed by Arbor Court Capital, LLC, member FINRA.

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