Hanwha Asset Management TDF Series Leads with Most in Top 10 Year-to-Date Returns

[Asia Economy Reporter Junho Hwang] Hanwha Asset Management announced on the 18th that the 'Hanwha LifePlus TDF (Target Date Fund) series' holds 4 out of the top 10 positions in returns among 106 TDFs with positive returns since the beginning of the year. Hanwha Asset Management evaluated that it showed the most consistently top-tier performance among domestic asset management companies.

According to Fund Square on the 18th, 'Hanwha LifePlus TDF 2050' ranked 4th among all TDFs with a return of 17.90% since the beginning of the year. 'Hanwha LifePlus TDF 2045' was 5th with 17.65%, 'Hanwha LifePlus TDF 2040' was 6th with 17.60%, and 'Hanwha LifePlus TDF 2035' ranked 9th with a 16.45% return.

These TDFs also ranked among the top in the recent 3 years (2018.11.15~2021.11.15) among 49 TDFs with existing returns. Hanwha LifePlus TDF 2045 achieved a 49.06% return, ranking 2nd; Hanwha LifePlus TDF 2040 was 3rd with 48.34%; and Hanwha LifePlus TDF 2035 ranked 8th with 45.60%.

Byun Jae-il, a fund manager at Hanwha Asset Management, said, "The excellent performance of Hanwha LifePlus TDF is due to two major factors: asset allocation capability and currency exchange rate strategy," adding, "This year, we invested about 40% of the entire portfolio (the average of all vintages) in stocks of the US and European developed countries, and the strong performance of these countries' stock markets significantly contributed to the fund's performance."

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