Kiwoom Asset Management "Global 5G Fund Surpasses 100 Billion KRW in Assets Under Management"

[Asia Economy Reporter Minji Lee] Kiwoom Asset Management announced on the 3rd that the assets under management of the ‘Kiwoom Global 5G Next-Generation Network Fund,’ which primarily invests in stocks of global companies related to 5G next-generation networks, have surpassed 100 billion KRW.

This fund was established on February 8, 2018, but did not receive much attention due to global stock market adjustments and a risk-asset avoidance trend. However, this year alone, approximately 78 billion KRW has flowed into the fund, pushing the assets under management beyond 100 billion KRW.

This is analyzed to be due to the increasing need for asset allocation to risk assets and a growing number of investors aiming to invest in industries with high future growth potential. The excellent performance of the Kiwoom Global 5G Next-Generation Network Fund also appears to have satisfied investors. The fund posted an 18.01% return since the beginning of the year, with a one-year return of 25.22%.

Kiwoom Asset Management cited the fund’s advantage as investing in future technologies whose growth is already visible. While many 4th Industrial Revolution theme funds on the market invest in imagined technologies such as artificial intelligence (AI), autonomous driving, and robotics, whose growth direction is not yet clearly defined, 5G is noted as a foundational infrastructure technology that is being installed in advance to realize the 4th Industrial Revolution in reality.

A Kiwoom Asset Management official said, “This fund invests in the next-generation network growth engine, including 5G and, in the future, 6G and beyond,” adding, “We recommend achieving target returns through long-term investment rather than short-term investment.”

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