'Shinhan TRF OCIO Solution Fund' Launched... Veteran Management by Asset Type

[Asia Economy Reporter Junho Hwang] Shinhan Asset Management is launching two types of 'Shinhan TRF OCIO Solution Funds' managed by asset-specific experts on the 9th.

The Shinhan TRF OCIO Solution Fund is designed by combining the Target Return Fund (TRF) with the OCIO (Outsourced Chief Investment Officer) solution strategy, which manages large-scale funds such as corporate retirement pensions. Unlike Target Date Funds (TDF) that allocate assets based only on life-cycle stages aligned with retirement timing, TRF allocates assets according to predetermined target returns and risk preferences. Subscribers can choose between a stable type and a growth type depending on their investment goals.

This fund can be designated as a product to manage defined benefit (DB) retirement pension reserves. According to the pre-designated operation system for retirement pensions scheduled to be implemented in July, it can also be designated as a default option product when managing defined contribution (DC) pensions. Workers using IRP accounts and general investors can also subscribe.

Dan Du-yeon, head of the OCIO Solution Management Team managing this product, said, "The dedicated team 'OCIO Solution Management Team,' composed of veterans with an average experience of over 18 years, sets management goals reflecting the characteristics of retirement pension reserves, and portfolio managers in charge of stocks, bonds, and alternative assets directly manage the fund," adding, "We will effectively manage customers' retirement pensions by generating stable returns while effectively defending against losses."

The annual total fee for the two Shinhan TRF OCIO Solution Funds is 0.390% based on the DB-only class C-r2. Sales will begin today through Shinhan Financial Investment, with plans to expand sales channels.

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