[2020 Capital Investment Award] Lifecycle-Based Diversified Investment 'Korean-Style TDF' Over 250 Billion KRW
Samsung Asset Management Wins Best Fund Company Grand Prize
[Asia Economy Reporter Kum Boryeong] Samsung Asset Management, which is leading global investment through innovative product development and management, received the Best Fund Award (Overseas Equity Type).
Samsung Asset Management's 'Samsung Korea-style Target Date Fund (TDF)', 'Samsung US Index', and 'Samsung Pictet Robotics' funds have established themselves in the industry by delivering stable performance over a long period. As of the 12th of last month, the assets under management increased by approximately 250 billion KRW for the Samsung Korea-style TDF series and about 15.5 billion KRW for the Samsung US Index fund this year.
The Samsung Korea-style TDF is gaining attention in the pension market for its "global automatic diversified investment reflecting the life cycle." When investors set their retirement target date, the fund automatically executes global asset allocation until old age. Each fund in the series invests in stocks from the US, Europe, Asia, and emerging markets to pursue stable long-term returns.
The Samsung US Index fund tracks the US S&P 500 index. Its top holdings include Microsoft, Apple, Amazon, and Facebook. The stable performance is also notable. As of the 12th of last month, the Samsung US Index Fund H recorded a year-to-date return of 8.80% and a return of 76.06% since inception. The UH class achieved 7.53% year-to-date and 72.45% since inception.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The Samsung Pictet Robotics fund invests in global companies related to the Fourth Industrial Revolution, such as the Internet of Things (IoT), Artificial Intelligence (AI), Big Data, and 3D printing. Representative holdings include 'Splunk', a developer of big data analytics software, and 'Intuitive Surgical', a company specializing in surgical robots.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.