Shinhan Maum Pyeonhan TDF, 9-13% Returns Since Early Year... Contributing to Default Option Performance

Shinhan Asset Management's flagship retirement pension product, Shinhan Ma-eum Pyeonhan TDF, has been shown to significantly contribute to the performance improvement of default option products.

According to the financial investment industry on the 21st, all vintages (2030, 2035, 2040, 2050) of Shinhan Ma-eum Pyeonhan TDF recorded returns of 8.9% to 12.6% since the beginning of the year, maintaining a top-tier position by ranking within the top 3 for each vintage among all approved default option TDF products.

In particular, the ‘Shinhan Ma-eum Pyeonhan TDF 2040’, targeting those born in 1980, ranked first in returns within the same vintage.

These returns have also greatly contributed to the performance of default option products. Since the implementation of the pre-designated management system (default option) introduced in July to improve retirement pension returns, a total of 14 default option products have selected and incorporated Shinhan Ma-eum Pyeonhan TDF. Among these, 7 products are ranked within the top 10 for 6-month returns by risk grade (low risk, medium risk, high risk).

Considering that there are a total of 192 default option products currently on sale as of the end of June (low risk, medium risk, high risk), it is analyzed that the default option products incorporating Shinhan Ma-eum Pyeonhan TDF have greatly contributed to improving returns in terms of operational performance.

The differentiated performance of Shinhan TDF stems from Shinhan Asset Management’s unique strategy. The key to achieving the long-term investment goals of TDF is the lifecycle asset allocation strategy (glide path), which is independently created, combined with a flexible currency strategy and the ability to respond quickly to market changes, which are the points of differentiation.

In particular, since March of this year, Shinhan Ma-eum Pyeonhan TDF has secured additional growth momentum by incorporating individual stocks based on thorough research. These stocks include Nvidia and Microsoft, which are judged to lead future industrial growth, each rising 203% and 32% this year, respectively, creating differentiated performance.

Kim Kyung-il, Head of WM Pension Channel at Shinhan Asset Management, said, "Since the returns of default option products are regularly disclosed, portfolio changes within default option products and the launch of new default option products are expected in the future," adding, "We will do our best to maintain excellent performance so that Shinhan Asset Management’s TDF can be an alternative product."

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