Launch of 'Mirae Asset Sangsaeng Plus Fund' Investing in Overseas Bonds and Building Social Contribution Funds

Investing in Overseas Bonds and Growth Stocks, Domestic High Dividend Stocks
Creating a Social Contribution Fund with 30% of Management and Sales Fees

Seo Yuseok, President of Mirae Asset Global Investments (left), and Seo Hanguk, Senior Vice President of Jeonbuk Bank (Photo by Mirae Asset Global Investments)

[Asia Economy Reporter Minwoo Lee] A new product that invests in overseas bonds, growth stocks, and domestic high-dividend stocks while allocating a portion of management and sales fees to social contribution activities will be launched.

Mirae Asset Global Investments announced on the 28th that it will launch the 'Mirae Asset Sangsaeng Plus Fund.' This product has constructed a medium-risk, medium-return portfolio by verifying investment strategies effective in past financial market phases. It is a fund-of-funds structure that diversifies investments across sub-funds investing in overseas bonds, growth stocks, income assets, and domestic high-dividend stocks.

First, it invests more than 60% in the Mirae Asset Global Bond Fund-of-Funds, which selects high-quality bonds worldwide and diversifies investments across over 300 overseas bonds in more than 50 countries. Since its inception in October 2006, it has recorded an average annual return of over 10%, making it the largest overseas bond-type fund in Korea.

Additionally, it invests up to 30% in the Mirae Asset Global Income Fund-of-Funds, which seeks stable interest and dividend income by investing in bonds, dividend stocks, and REITs; the Mirae Asset Insight Fund-of-Funds, which invests in global growth stocks; and the Mirae Asset High Dividend Focus Fund-of-Funds, which invests in domestic high-dividend stocks.

Meanwhile, 30% each of the fund management and sales fees will be allocated to a fund used for social contribution activities. Future projects will focus on the development of the financial industry and training related personnel.

Subscriptions to the product are available at Jeonbuk Bank branches nationwide and online. Im Myungjae, Head of WM Marketing Division at Mirae Asset Global Investments, stated, "The Mirae Asset Sangsaeng Plus Fund is suitable for investors seeking higher returns than market interest rates or bond-type products while reducing risks related to market volatility." He added, "We will also do our best to fulfill the social responsibilities of financial companies by utilizing the funds accumulated from management and sales fees."

This content was produced with the assistance of AI translation services.