Shinhan Asset Management, Early Bird Fund 2-Year Cumulative Return 82.7%
[Asia Economy Reporter Junho Hwang] Shinhan Asset Management announced on the 2nd that the 2-year cumulative return of the 'Shinhan Early Bird Fund' it manages recorded 82.69%. Compared to the KOSPI index rising 36% during the same period, this is a high return.
The Shinhan Early Bird Fund is a product renamed from the 'Korea Value Growth Fund' to emphasize the fund manager's investment philosophy and accountability for performance. The Shinhan Early Bird Fund, which invests in domestic stocks, discovers current leading stocks and companies expected to become the next market leaders based on proactive research and earnings analysis.
Shin Han-ni, the fund manager operating the fund, said, "We strictly adhere to the investment philosophy of principles and effort, which is very basic but difficult to practice," adding, "We will consistently repeat a simple investment process of proactive research, quick investment decisions, and bold profit realization, and above all, we will repay with clear long-term performance."
Despite the KOSPI showing weakness due to inflation concerns, uncertainty over interest rate policies, and the Russia-Ukraine conflict, the Shinhan Early Bird Fund is outperforming the market (exceeding market returns). Over the past three months, while the KOSPI rose 0.18%, the Shinhan Early Bird Fund increased by 6.19%, maintaining positive returns since the beginning of the year. Furthermore, the 2-year cumulative return is 82.69%, overwhelmingly outperforming the KOSPI's 36.02% return by more than 46 percentage points during the same period.
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Jo Byung-jun, Head of Equity Investment Management at Shinhan Asset Management, said, "The Shinhan Early Bird Fund focuses on proactive investment timing and active profit realization through thorough research analysis and appropriate valuation," adding, "It has an irreplaceable differentiated strategy in that it pursues investments with the highest possible conviction."
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