Kiwoom Smart Investor Fund Achieves Target Return of 5%... "Rebalancing Underway"

[Asia Economy Reporter Minji Lee] Kiwoom Asset Management announced on the 17th that the Kiwoom Smart Investor Dollar-Cost Averaging Fund has achieved its target return of 5% and will proceed with rebalancing.

The Kiwoom Smart Investor Dollar-Cost Averaging Fund employs an automatic dollar-cost averaging strategy starting with a 20% allocation to equity exchange-traded funds (ETFs). When the KOSPI 200 index rises, it buys less (NAV 2%), and when it falls, it buys more (NAV 3%). This approach helps to diversify purchase timing and reduce the average purchase price.

When a 5% return is achieved based on the master fund, the fund automatically realizes profits and adjusts the portfolio through rebalancing by adjusting the equity ETF allocation to 20% (NAV basis) without any redemption procedures.

This fund is conducting additional rebalancing after achieving a 5% profit three months following the 9th rebalancing on August 12. Since its inception in April 2012, the average rebalancing period for the fund until now in November is about 10 months, with the shortest period being 3 months and the longest 33 months.

A Kiwoom Asset Management official stated, “The Kiwoom Smart Investor Dollar-Cost Averaging Fund is popular among investors seeking medium risk and medium return, as it typically achieves a 5% target return approximately every 10 months,” adding, “It is a good product recommended for investors who hesitate about trading timing due to concerns about market peaks.” The Kiwoom Smart Investor Dollar-Cost Averaging Fund is currently available for subscription through Samsung Life Insurance, Woori Bank, Kookmin Bank, Hana Bank, NH Investment & Securities, Shinhan Financial Investment, and Gyeongnam Bank.

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