KB Asset Management launches fund with AI solution expertise... investing in various ETFs

'KB All Asset AI Solution Fund' to be sold at KB Kookmin Bank starting from the 1st

[Asia Economy Reporter Kum Boryeong] KB Asset Management has launched a new fund based on its accumulated know-how in operating artificial intelligence (AI) solutions.

On the 1st, KB Asset Management announced the launch of the 'KB All Asset AI Solution Fund,' which invests in various exchange-traded funds (ETFs) worldwide, including stocks, bonds, credit, and REITs (Real Estate Investment Trusts), using AI.

Since January 2018, KB Asset Management has continuously accumulated AI solution operation know-how by providing AI investment model advisory services to KB Kookmin Bank's robo-advisor service, 'K-Bot Sam.'

The self-developed deep learning AI solution, 'Anderson,' operates in four stages. First, it analyzes vast amounts of global financial market data in real-time to understand the market. In the second stage, it synthesizes the collected information and historical data to produce scenarios predicting future market movements. In the third stage, it forecasts returns and risks by asset class according to the scenarios to build an optimal investment portfolio. Finally, it selects the most effective ETFs for each investment asset and executes trades.

A KB Asset Management official explained, "The AI solution reads market changes in real-time by repeating this process," adding, "If necessary, it continuously pursues profit and risk avoidance through rapid rebalancing."

This fund utilizes ETFs listed worldwide, including in the U.S., Europe, and Korea. The main ETFs currently included cover a broad range, such as SPDR S&P 500, which primarily holds U.S. stocks; iShares Short Treasury Bond, a U.S. short-term bond ETF; iShares EM Bond, which holds emerging market government bonds; and Vanguard US REIT, a U.S. REIT ETF.

Hong Yonggi, Executive Director of the Multi-Solution Division at KB Asset Management, said, "Deep learning AI technology that analyzes and processes massive amounts of information is essential for efficiently diversifying investments across various ETFs in response to changes in global market conditions." He added, "The KB All Asset AI Solution Fund is expected to simultaneously pursue profits and manage risks based on AI technology that can learn independently in rapidly changing market environments."

The KB All Asset AI Solution Fund will be sold at KB Kookmin Bank starting today. It is divided into a hedged type that conducts currency hedging and an unhedged type exposed to currency risk. Investors can choose among A type (1.0% front-end load, annual fee 1.155%), A-E type (0.5% front-end load, annual fee 0.905%, online front-end load), C type (no front-end load, annual fee 1.605%), and C-E type (annual fee 1.130%, online exclusive).

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