Yujin Asset Management Launches 'Megatrend Catch-Up Fund' Investing in Innovative Technology Themes

Operated with a strategy seeking differentiated returns by identifying early-stage growth and holding long-term

Eugene Investment & Securities' subsidiary, Yuzan Asset Management, announced on the 24th the launch of the 'Eugene Champion K-Megatrend Catch-Up Fund,' which invests in innovative technology themes. (Provided by Eugene Investment & Securities)

[Asia Economy Reporter Gong Byung-sun] Eugene Asset Management, a subsidiary of Eugene Investment & Securities, announced on the 24th the launch of the ‘Eugene Champion K Megatrend Catch-up Fund,’ which invests in innovative technology themes such as the metaverse.

This fund selects core themes that currently form megatrends and focuses on long-term investment primarily in domestic listed stocks with high growth potential within those themes. It operates with a strategy to discover innovative companies at the early stage of growth and hold them for a long period to pursue differentiated returns.

The themes were selected through a five-step checklist and scoring system. The currently chosen themes are Metaverse, Artificial Intelligence (AI), Next Mobility, Next Green, and Next Bio.

Investment stocks are selected based on Eugene Asset Management’s six-step qualitative and quantitative evaluation, focusing on the mid- to long-term growth value of core businesses. Additionally, investment weights are determined by potential for growth rather than market capitalization, distinguishing this fund from existing funds that concentrate investment weights on top market cap stocks.

To enhance management expertise, a dedicated manager is assigned to each theme. Each manager will conduct ongoing theme reviews to adjust investment weights for overheated or neglected themes. After regular reviews, if an existing theme is judged not to meet the criteria, new themes that can replace it will be discovered and allocated to manage risk.

Manager Son Dong-hwan of Eugene Asset Management stated, “The five themes targeted by the fund represent the early stages of growth in terms of the current industrial cycle and global long-term productivity. We will proactively invest in stocks that are not yet widely known but will become well-known, linking the growth of companies to the fund’s performance.”

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