Hantoo Asset Management "TDF Alaseo ETF Focus Series... No.1 in Returns and Risk Management Ability"

The 'Korea Investment TDF Alseora ETF Focus' series by Korea Investment Trust Management, which celebrated its first anniversary since launch, is gaining attention for its high returns.

According to Korea Investment Trust Management on the 6th, the Korea Investment TDF Alseora ETF Focus series, launched on October 6 last year, is a pension-specialized product whose portfolio is automatically adjusted according to the retirement timing so that investors can achieve stable performance until retirement. However, as a performance dividend-type product, past returns do not guarantee future returns, and principal loss may occur depending on management results. Retirement target points (vintages) are set in 5-year intervals, offering a total of 7 funds from 2030 to 2060.

This product applies a glide path (lifecycle asset allocation curve) developed in-house by Korea Investment Trust Management. The proprietary glide path is designed tailored to Koreans by calculating the average human capital of Koreans, including income and life expectancy. In addition, it applies asset allocation optimized for Korean won investors based on long-term capital market assumptions (LTCMA) derived from analyzing over 40 years of economic indicators and economic fluctuations. The optimal asset allocation is a combination of currency-exposed global stocks and domestic bonds. Relatively low-cost ETFs are included as assets to maximize long-term returns.

According to Fund Guide on the previous day, among domestic listed TDFs (excluding ETFs), Korea Investment TDF Alseora ETF Focus ranked first in year-to-date returns across all 7 vintages. The returns of the 7 vintages ranged from 9.78% to 15.02%, with an average series return of 12.74%. This significantly surpasses the overall TDF average return of 4.78%. The risk-adjusted return (Sharpe ratio), which indicates stable risk management capability, was also ranked first in all vintages. In the past 6 months, the vintages’ Sharpe ratios ranged from 0.68 to 1.13, placing it at the top. The Sharpe ratio is an indicator measuring the excess return that can be obtained for bearing a risk of 1. The higher the value, the better the performance relative to the same risk.

Park Hee-woon, head of the Solutions Division at Korea Investment Trust Management, said, "As a result of managing the Korea Investment TDF Alseora ETF Focus series over the past year since its launch, we achieved not only the highest fund returns but also the highest risk-adjusted returns." He added, "We will continue to expand sales channels based on stable performance and help more investors prepare assets for retirement."

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