Bangkok, Jitta, a Thai investment startup. Ready to move forward into the 12th year with stability and determination to develop AI technology in value-oriented stock analysis like "Jitta" which has users in more than 80 countries around the world. Proven by total returns that have beat the market for a long time, including being the asset management company with the largest number of private funds in the country. Manage with automatic technology Create returns for investors after the crisis up to 2 times while building a financial ecosystem that helps Thai people. Pay - save - invest automatically, creating a strong financial foundation for Thai people and a sustainable Thai society. Mr. Trawut Luengsomboon Chief Executive Officer of Chitta Dot Com Company Limited, a Thai WealthTech startup that has been growing strongly for 12 years, revealed that throughout the 12 years that Chitta has been a part of the Thai financial system. We continue to grow with our goal of creating financial innovation. To help Thai people have easy access to investment and create better returns according to the mission: 'Help investors create better returns. 'Help investors create better returns through simple investment methods' With confidence in long-term investment principles that have been proven over the past 12 years, including AI technology that has continuously developed and learned from analyzing stock data around the world. Including the investment portfolio that we have managed for more than 6 years, we are confident that various platforms What has been developed will be one of the ways to solve the personal financial crisis of Thai people. Create long-term financial stability By creating a financial ecosystem that promotes discipline from Pay-Save-Invest By using automated technology Through the process of spending in daily life that will allow Thai people to actually have money saved. Having savings will be a strong financial foundation and lead to a concrete starting point for investment along with promotion. Financial k nowledge and long-term investment principles that will help investors manage their investment portfolios appropriately to their level of risk. to create sustainable returns Beginning in 2012, Jitta stock analysis platform was developed to meet the needs of long-term investors. According to the principles of value investing (Value Investing) from Warren Buffett, a world-class investor who 'Invest in good stocks at low prices' currently helps investors from more than 80 countries around the world, such as the United States, United Kingdom, Taiwan, Japan, Malaysia, and Brazil, etc., to access stock analysis data for as many as 48,000 companies, covering 90% of all stocks. word Every day, Jitta's technology analyzes over 1 billion datasets of joint stock financial statements. And there is proof of the returns of the algorithm that has been continuously developed for over 12 years, such as Jitta Ranking Top 30, which has performed very well. Able to create an average overall return beating the market of 15.75% c ompared to the index of 5.84%. 6 years later, in 2018, the company received permission from the Securities and Exchange Commission (SEC) to become Chitta Wealth Asset Management Co., Ltd. (AMC), which is the first WealthTech in Thailand to use technology. Providing services and managing personal funds for general customers Reinforcing our commitment to helping people conveniently access investments that generate good long-term returns. And it is fair with a low fee of only 0.5% per year. Including trying to reduce the initial investment from the original minimum investment of 1 million baht down to 10,000 baht at present, making Chitta Wealth the largest number of private fund management accounts in Thailand with more than 65,000 accounts. There are plans to reduce the minimum further. To help Thai people have more access to better investments with technology. Jitta Wealth has introduced the Jitta Ranking algorithm that uses AI to select good, cheap stocks to diversify risk, manage investments and automatic ally adjust portfolios in stocks in countries such as Thailand, America, Vietnam, Japan, China and Hong Kong, which has proven that Providing outstanding returns that are 2 times better than the market after the crisis, especially Jitta Ranking US stocks whose returns outpaced the index by almost double, averaging +40.83%, while the SandP 500 returned only +24.73%. Chitta Wealth is also a pioneer in investing abroad, especially in ETFs that invest in high-growing global megatrend themes such as ETFs in semiconductors, metaverse, and cyber security, etc. It has AI technology to automatically manage selection and investment called Thematic Optimize. There is also a Global ETF investment plan that focuses on arranging a portfolio diversified in assets around the world according to the Nobel Prize Modern Portfolio Theory, suitable for investing in all market periods. It also creates consistent returns according to the risk level you choose. Currently, Thai people are facing a financial crisis. From the survey d ata of the Bank of Thailand, it was found that Thai people do not have enough savings. Both short-term savings required within 6 months is less than 1 in 4 and long-term beyond 6 months is only 23%, compared to developed countries in Asia like Hong Kong that have up to 55%. Having savings It is not enough to affect the growth of the country's economy and society as a whole. It is a catalyst for household debt. and increasing the burden of caring for the elderly Mr. Trawut said To unlock a major obstacle for Thai people, the company has developed Jitta Card to solve the problem of spending behavior. lack of savings and lack of investment knowledge Including the lack of good enough discipline, Jitta Card is a new phenomenon of financial technology. Pay - save - invest without realizing it . Users can spend money through the app or Visa Card conveniently all over the world. Every time you spend, the system will automatically keep the change (Round up) in your savings wallet. Including savings bonuses or cashbac k from online shopping with many partner stores. All savings will be forwarded to the Jitta Wealth personal fund where the user has chosen the investment policy. It's money management in everyday life that doesn't have to be forced, can be done immediately, and creates discipline in investing regularly. Have an investment portfolio that has long-term growth since childhood For the ultimate goal of Thai people having better financial health in the future, Jitta Card (Beta) is now open for testing. Those interested can sign up to request use at www.jittacard.com 'Over the past 12 years, we have proven that Jitta continues to deliver on our great mission. and continue to create new phenomena To unlock the financial obstacles of Thai people Let everyone have access to strong, simple financial health in every dimension of their lives,' Mr. Trawut said. To celebrate 12 years, Chitta has launched a campaign to encourage Thai people to have investment discipline. Investors can accumulate investment amounts to recei ve J12 special collection souvenirs from March 15 - May 15, 2024. For more information, visit facebook.com/jittawealth .- Source: Thai News Agency