Feynman Asset Management's 'Star IPO Fund' Achieves 15.22% Annual Return

[Asia Economy Reporter Minji Lee] Feynman Asset Management announced on the 13th that its ‘Feynman Star Public Offering Stock Securities Investment Trust,’ which invests in public offering stocks, ranked first among general public offering stock bond mixed funds with assets over 50 billion KRW (excluding KOSDAQ venture public offering stock funds and high-yield public offering stock funds), with returns of 15.22% over the past year and 9.34% since the beginning of the year.

The Feynman Star Public Offering Stock Fund, established in October 2014 and currently managed with assets of 63.1 billion KRW, is a bond mixed fund that seeks excess returns through public offering stock investments alongside stable bond yields. According to its terms, the equity ratio can be set below 50%, which is advantageous in allocating public offering stock volumes compared to most public offering stock funds that limit stock allocation to 30%.

Manager Seunghyun Kim of Feynman Asset Management explained, “The strategy of identifying stocks with high growth potential, maximizing newly allocated volumes through period commitments, and holding part of the allocated volumes judged to be competitive for the long term rather than selling all immediately after listing has been effective, resulting in excellent management performance.”

Feynman Asset Management plans to expand its lineup of public offering stock funds. It recently established a high-yield public offering stock fund with assets of 30 billion KRW and plans to set up a KOSDAQ venture fund soon. In particular, by recruiting personnel with long-term experience in venture capital, the company aims to secure opportunities to invest proactively in quality companies through venture company investments and Pre-IPO investments, thereby providing investors with diverse investment opportunities.

A company representative said, “In the second half of this year, major IPOs such as LG Energy Solution, Kakao Pay, Hyundai Engineering, Hyundai Oilbank, and SM Shipping are expected, so investors who want to participate in the public offering stock market or seek stable bond yields plus alpha should actively consider this fund.”

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