Aegis Asset Management Launches 'Global High Dividend REITs Plus Fund'

[Asia Economy Reporter Minji Lee] Aegis Asset Management announced on the 8th the launch of the ‘Aegis Global High Dividend REITs Plus Fund,’ which invests in REITs and real estate stocks listed in North America, Europe, and advanced Asian countries.

With the low interest rate trend and increased stock market volatility due to the impact of the novel coronavirus disease (COVID-19), investors have struggled to find suitable investment destinations. As a result, interest in REITs, which offer high and stable dividend income as well as capital gains from stock price appreciation, is increasing.

Global REITs have been steadily growing by holding prime real estate in major advanced country cities for the long term. Additionally, the segmentation of real estate asset types provides diverse investment opportunities by country and asset type. Furthermore, in a low interest rate environment, the high dividends of REITs and reduced financing costs create a favorable environment for profit improvement, enhancing their investment appeal.

The Aegis Global High Dividend REITs Plus Fund is the first ‘public REIT fund’ launched by Aegis Asset Management, the largest real estate asset manager in Korea. It selectively invests in high dividend REIT stocks with strong growth potential and investment attractiveness among REITs listed in major advanced countries.

The company has already managed a global REIT fund in a private placement format, achieving performance exceeding benchmark indices and recording higher returns than benchmarks even amid the COVID-19 induced market correction. Going forward, the company plans to build a portfolio that simultaneously pursues dividends and growth through investment management based on real estate value.

An Aegis Asset Management official stated, “Since REITs invest in tangible real estate, profit forecasts are easier and more stable compared to general stocks,” and added, “In addition to high dividend REITs, we plan to expand the portfolio to include untact REIT assets with rich growth potential such as logistics, data centers, and communication towers to pursue stable yet high returns.”

This fund is available for subscription starting from the 8th through Daishin Securities, Kiwoom Securities, POS Securities, and DB Financial Investment, and from the 12th onwards through Korea Investment & Securities.

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