Korea Investment Trust Management Launches US Dividend Aristocrats Fund Bond-Mixed and Stock-Mixed Types

[Asia Economy Reporter Minji Lee] Korea Investment Management announced on the 30th that it has additionally launched the ‘Korea Investment US Dividend Aristocrats Fund’ in bond-mixed and stock-mixed types. The newly established mixed-type funds simultaneously pursue profitability and stability by investing in US dividend growth stocks and high-quality domestic bonds.

The ‘Korea Investment US Dividend Aristocrats Fund Bond-Mixed Type’ invests up to 40% of the fund assets in undervalued high-quality domestic investments and about 60% in the ‘Korea Investment Credit Focus ESG Fund,’ which selectively holds corporate bonds and financial bonds, alongside the Korea Investment US Dividend Aristocrats Fund that invests in US dividend growth stocks that have increased dividends for 25 consecutive years. The Korea Investment US Dividend Aristocrats Fund Stock-Mixed Type invests 70-80% of assets in the Korea Investment US Dividend Aristocrats Fund and 20-30% in the ‘Korea Investment Credit Focus ESG Fund.’

Launched in April last year, the Korea Investment US Dividend Aristocrats Fund has attracted the most funds among dividend stock funds set up domestically. The amount of assets under management increased by 237.2 billion KRW as of the 27th since the beginning of the year, the largest among dividend stock funds. The Korea Investment Credit Focus ESG Fund, a representative domestic bond fund, pursues stable annual returns of 2-3% through a strategy of discovering and investing in undervalued bonds relative to intrinsic value rather than betting on the direction of interest rates. Since its launch in November 2008, it has managed its portfolio stably through periods of falling and rising interest rates, as well as credit spread contractions and expansions over more than 12 years.

The Korea Investment US Dividend Aristocrats Fund Bond-Mixed Type can be subscribed through Shinhan Bank. Class A incurs a front-end sales fee of 0.8% and an annual total expense ratio of 0.44%. Class C has no front-end sales fee and an annual total expense ratio of 0.94%. The Korea Investment US Dividend Aristocrats Fund Stock-Mixed Type is sold by SC First Bank and DB Financial Investment. Class A has a front-end sales fee of 0.8% and an annual total expense ratio of 0.77%. When purchasing as Class C, there is no front-end sales fee, but an annual total expense ratio of 1.32% applies.

A Korea Investment Management official said, “This fund, which combines the profit potential of US dividend growth stocks and the stability of high-quality domestic bonds, will be useful for investors who expect stable returns while managing investment volatility at an appropriate level.”

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