[2021 Capital Investment Award] 'KB On Gukmin TDF' Pursues Stable and Steady Returns

Best Asset Manager (TDF) KB Asset Management

[Asia Economy Reporter Gong Byung-sun] KB Asset Management has been selected as the Best Manager in the Target Date Fund (TDF) category at the ‘2021 Asia Capital Investment Awards’.

The judges positively evaluated KB Asset Management’s ‘KB On Gukmin TDF,’ which more than doubled its assets under management compared to the end of last year and showed the largest increase in market share among asset managers. The flagship product, ‘KB On Gukmin TDF2055,’ posted a one-year return of 34.48%, the highest among all TDF products.

Its returns have also remained high since the beginning of this year. As of the 19th of last month, KB On Gukmin TDF2055 recorded a return of 21.98% year-to-date. This is higher than ‘Samsung Korean-style TDF2050’ (20.34%), ‘Korea Investment TDF Alaseo 2050’ (18.39%), and ‘Hanwha LifePlus TDF2050’ (17.44%).

The industry’s lowest fee rate of KB On Gukmin TDF also positively influenced the evaluation. The fees for the underlying funds, which are important in asset allocation funds besides management fees, are also managed at an annual rate of 0.09%, lower than the industry average. The investment model developed in collaboration with Vanguard invests about 10% in domestic exchange-traded funds (ETFs) and about 90% in Vanguard ETFs listed on the U.S. stock market, diversifying across approximately 29,000 different assets.

KB Asset Management has reduced volatility by excluding high-risk assets such as crude oil, hedge funds, and high-yield bonds, which are included in some other products. Additionally, it excludes specific investment styles such as growth stocks and value stocks.

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