Hyundai Asset Management Launches Hyundai AIM Signature Global EMP Fund
[Asia Economy Reporter Minji Lee] Hyundai Asset Management announced on the 15th that it launched the global EMP fund, ‘Hyundai AIM Signature Global EMP Securities Investment Trust,’ on the 7th.
An EMP fund is a fund that manages by investing more than 50% of its assets in exchange-traded funds (ETFs) and the like. Its advantage is that it can reduce volatility by diversifying investments in risky assets such as stocks with a small amount of money and respond quickly according to market conditions.
The newly launched Hyundai AIM Signature Global EMP Fund pursues low volatility by including various alternative asset ETFs such as △global ETFs listed on the US market, △REITs (Real Estate Investment Trusts), △BDCs (Business Development Companies), △MLPs (Master Limited Partnerships), and △CEFs (Closed-End Funds).
It is characterized by building and managing a low-volatility portfolio through diversified investments reflecting market conditions based on global macroeconomic analysis, and by establishing an investment strategy that investors can easily understand and judge.
This fund is the first public offering fund involving ‘AIM,’ a personal asset management platform well known in the market. AIM is an investment advisory firm led by CEO Jihye Lee, a former Wall Street professional. AIM is responsible for advising this fund, focusing on asset allocation strategies using ETFs.
Jaehoon Jang, Head of the Strategic Solutions Division at Hyundai Asset Management, who manages this fund, explained, “Our common goal with AIM is to create a culture where investors can invest with peace of mind and for the long term by constructing a portfolio with low volatility and long-term stability.” He added, “In this regard, the Hyundai AIM Signature Global EMP Fund is also well suited for long-term investment funds such as retirement pensions.”
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Meanwhile, the Hyundai AIM Signature Global EMP Fund will be sold exclusively through Korea Post Securities, with which an exclusive contract has been signed until the end of this year.
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