Korea Investment Trust Management Launches 'Korea Investment Global Flex Fund'

[Asia Economy Reporter Eunmo Koo] Korea Investment Trust Management announced on the 22nd that it will launch the "Korea Investment Global Flex Securities Investment Trust" (Korea Investment Global Flex Fund).

The "Korea Investment Global Flex Fund" manages bond assets using a flexible strategy. The flexible strategy adjusts various bond assets according to market conditions and is characterized by having no separate benchmark. This fund invests in government bonds, financial bonds, corporate bonds, and convertible bonds in the global bond market.

It is also proactive in risk management. The Korea Investment Global Flex Fund is a fund of funds that invests 80-100% in the Nomura Global Dynamic Bond Fund. It actively manages risk by adjusting the fund's investment ratio according to market conditions. Additionally, it manages currency risk by adjusting the transaction timing or currency hedge ratio during periods of increased hedging costs or expanded exchange rate fluctuations.

To commemorate the launch of the "Korea Investment Global Flex Fund" on the 19th, Korea Investment Trust Management held a "Lunch Webinar" for employees of banks and securities firms, the distributors. The event, held during lunchtime, was broadcast live on YouTube, with about 170 employees from approximately 22 distributors participating.

Kim Jeong-su, head of the Overseas Fixed Income management team and the fund manager, gave a presentation explaining the product and took real-time questions via comments, providing direct answers. Kim emphasized, "In the recent market environment, it is difficult to respond by investing in only one bond asset," adding, "In such a volatile market, a flexible strategy that can dynamically adjust the portfolio is more effective than a fund that invests only in a specific sector."

The "Korea Investment Global Flex Fund" charges a front-end sales fee of 1% and an annual total expense ratio of 0.84% for Class A. Class C has no front-end sales fee but an annual total expense ratio of 1.34%. Starting with this "Lunch Webinar," the fund plans to gradually expand its distributors.

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