Samsung Asset Management Sees Inflow into 'Global Funds and Asset Allocation Funds' Since Early Year

[Asia Economy Reporter Hwang Yoon-joo] Samsung Asset Management announced on the 21st that the major funds showing an increase in assets under management since the beginning of the year were global funds and asset allocation funds.

The global mega trend funds of Samsung Asset Management, ▲Samsung Global Semiconductor ▲Samsung Global Metaverse ▲Samsung Global Clean Energy funds, saw their assets under management increase by 11.5 billion KRW, 9.9 billion KRW, and 5.7 billion KRW respectively since the beginning of the year.

The Samsung Global Semiconductor Fund focuses on investing in the top 20 companies by sales among global semiconductor-related firms, while the Samsung Global Metaverse Fund invests in key global companies related to the metaverse theme. The Samsung Global Clean Energy Fund is an ESG-related fund focusing on eco-friendly and renewable energy sectors.

Among global developed market funds, ▲Samsung Global Developed Market Fund ▲Samsung US Index Fund increased by 11.6 billion KRW and 11.5 billion KRW respectively, showing rapid growth. The Samsung Global Developed Market Fund diversifies investments across approximately 2,500 stocks in 23 developed countries, and the Samsung US Index Fund tracks the S&P 500 index, representing the US stock market.

Additionally, following the continuously popular pension trend, asset allocation funds such as ▲Samsung Korea-style TDF series with 61 billion KRW ▲Samsung Retirement Pension OCIO Solution Balanced Fund with 14.1 billion KRW ▲Samsung ETF-backed TDF series with 12.4 billion KRW each attracted over 10 billion KRW, showing significant growth.

Kim Yong-kwang, Head of WM Marketing at Samsung Asset Management, explained, "The common denominator of funds experiencing capital inflow is their suitability for long-term investment in global and asset allocation strategies," adding, "In a market environment with high uncertainty, investors tend to flow towards products that allow stable diversification and mega trend industries expected to recover profitability."

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