Hyundai Investment Achieves 49% Performance in KOSDAQ Focus Fund Last Year
[Asia Economy Reporter Hwang Junho] Hyundai Investment Asset Management expressed expectations for the long-term stable growth of the KOSDAQ market following the recent announcement of plans by the Ministry of Economy and Finance and the Financial Services Commission to expand pension funds' investments in KOSDAQ on the 21st.
Hyundai Investment believes that measures such as increasing the proportion of pension funds' investments in KOSDAQ beyond the current level and including KOSDAQ in investment performance evaluation indicators are being discussed. It is anticipated that the government will encourage the expansion of KOSDAQ by providing incentives. Through this, stable large-scale funds will be injected into KOSDAQ, potentially transforming the investment culture of KOSDAQ into a long-term investment approach.
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Hyundai Investment Asset Management operates the KOSDAQ Focus Equity Fund, an equity fund that concentrates investments on growth stocks in KOSDAQ. This fund selectively invests in growth stocks among all KOSDAQ listings and achieved a performance of 49.91% last year based on the A-class standard.
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