Heungkuk Asset Management Launches Data Focus Target Down Target Conversion Fund

Heungkuk Asset Management announced on September 15 that it will launch the "Heungkuk Data Focus Target Down Target Conversion Fund" to respond to changes in the Korean stock market and the evolving needs of investors.

This new product will be managed with an asset allocation of 30% equities and 70% bonds. Rather than tracking an index, it seeks returns by identifying and investing in high-growth individual stocks based on data analysis.

The fund focuses its investments on high-quality growth stocks with strong performance momentum, technological capabilities, growth potential, and brand competitiveness. It bases its decisions on objective indicators such as export statistics and actual sales, while supplementing this analysis with social media big data as an auxiliary indicator.

The target return structure is designed to gradually decrease (target down): 7% over the first six months after inception, then 6% and 5% for each subsequent six-month period. Once the target return is achieved, assets are shifted to safe investments such as government bonds, high-quality corporate bonds, and commercial paper (CP), with an emphasis on securing stable interest income. By progressively lowering the target over time, the fund increases the probability of achieving its goals.

Lee Seokhee, Head of Pension WM Marketing at Heungkuk Asset Management, stated, "Heungkuk Asset Management possesses top-tier competitiveness among funds of the same type when it comes to discovering growth stocks." He added, "The fund is structured to satisfy both the pursuit of initial returns and subsequent stability, and we will continue to introduce products that meet the diverse needs of investors."

Subscriptions for the fund will be available from September 15 to September 26 through major securities firms, including Kyobo Securities, Meritz Securities, Mirae Asset Securities, Eugene Investment & Securities, DB Financial Investment, IBK Investment & Securities, and iM Investment & Securities.