Distributed Investment in Digital and Green New Deal... Launch of 'KB Korea New Deal Fund'

[Asia Economy Reporter Geum Boryeong] KB Asset Management has launched a fund that diversifies investments in the Digital New Deal and Green New Deal.

KB Asset Management announced on the 7th that it has launched the 'KB Korea New Deal Fund.'

This fund invests in core stocks related to digital and eco-friendly technologies, which are expected to experience structural growth through the implementation of Korea's New Deal policy. The investment targets include companies related to data, networks, artificial intelligence (AI), 5th generation (5G), education, and infrastructure on the Digital New Deal side, as well as renewable energy companies, eco-friendly automobiles, and secondary battery companies on the Green New Deal side. The plan is to select and invest in stocks with stable business models that have high sales profit growth rates and market shares.

Shim Hyoseop, Head of Equity Management at KB Asset Management, explained, "After the COVID-19 pandemic, global investment in digital infrastructure has expanded and the eco-friendly industry is rapidly growing. We will build a portfolio with stocks selected through industry analysis and ESG (Environmental, Social Responsibility, Governance) factor analysis, and leverage KB Asset Management's research capabilities to achieve performance."

The distributors are KB Kookmin Bank, KB Securities, and Kyobo Securities. Investors can choose from Type A, which charges a 1.0% upfront fee (annual fee 1.320%), Type A-E, which charges a 0.5% upfront fee (annual fee 1.040%, online exclusive), Type C, which has no upfront fee (annual fee 1.660%), and Type C-E (annual fee 1.210%, online exclusive). It is also possible to subscribe through pension savings and retirement pensions.

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