'Kiwoom Bullio Global Multi-Asset EMP Fund' Assets Under Management Exceed 50 Billion Won

[Asia Economy Reporter Minji Lee] Kiwoom Asset Management announced on the 25th that more than 50 billion KRW has been invested in the ‘Kiwoom Bullio Global Multi-Asset EMP Fund,’ which was launched in December last year.

This fund attracted 35 billion KRW in capital during the time when investors' anxiety was at its peak due to the novel coronavirus disease (COVID-19), gaining attention as a fund with excellent market defense capabilities.

The company stated, “This fund allocates assets by combining globally renowned asset allocation strategies: Momentum, Value, and All Weather. These strategies are allocated complementarily, allowing for more robust returns compared to traditional asset allocation.”

When the financial market conditions worsened due to COVID-19, the fund structured its portfolio mainly with defensive assets such as government bond ETFs, yen ETFs, and gold ETFs. It has maintained a defensive asset ratio of over 70% to date, and plans to increase the proportion of risk assets by analyzing indicators such as Momentum and Value after confirming a reduction in market volatility.

A representative from Kiwoom Asset Management said, “Since this fund is based on a super-diversified investment concept, beta returns compared to equity funds may be limited depending on market conditions, so it should be invested in with a longer-term perspective.”

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