Kiwoom Asset Management "Subscription Economy Fund Surpasses 10 Billion KRW in Assets Under Management in Just 3 Months"

[Asia Economy Reporter Minji Lee] The 'Kiwoom Global Subscription Economy Securities Investment Trust' announced on the 30th that it surpassed 10 billion KRW in assets under management just three months after its launch.

The Kiwoom Global Subscription Economy Fund is a fund that invests in companies that have adopted subscription economy business models, focusing on those with excellent future growth potential and reasonable stock prices. Major holdings of the fund include Microsoft, Apple, Adobe, Amazon, and Netflix.

As COVID-19 has become normalized, the face-to-face service market has generally experienced a downturn, and related companies are seeking breakthroughs by introducing subscription services into their business models.

Film distributors are releasing new works through Netflix, and credit card companies are launching credit cards specialized for multiple subscription services. Regular subscriptions for food, alcohol, razors, cosmetics, clothing, flowers, accessories, and electronic products have long been integrated into daily life.

Kiwoom Asset Management stated, "The Kiwoom Global Subscription Economy Fund seems to have appealed attractively to customers seeking new investment ideas from changes in consumer trends."

This fund is available for subscription through Woori Bank, Samsung Securities, Hana Financial Investment, Korea Investment & Securities, Yuanta Securities, Hyundai Motor Securities, Korea Post Securities, Kiwoom Securities, DB Financial Investment, Kyobo Securities, and Shinhan Financial Investment.

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