KCGI Freedom TDF '2024 Korea Premium Brand Awards'
KCGI Asset Management announced on the 28th that the KCGI Freedom TDF series has won the ‘2024 Korea Premium Brand Award’.
Launched in October 2020, the KCGI Freedom TDF has received favorable evaluations for its four key differentiators in retirement asset management. It surpassed 100 billion KRW in net assets at the end of February and recorded 112.7 billion KRW as of the 26th.
The KCGI Freedom TDF uses verified active funds with excellent performance as its mother funds. Beyond simply investing in various assets, it means investing in strategies that have consistently shown strong results to pursue higher returns. As of the end of February, it recorded an average 6-month return of 11.1%, ranking first among 20 TDF management companies.
Strategic asset allocation focused on risk management is also considered a strength. Through strategic asset allocation that takes into account loss probability and maximum loss rate, it is designed to minimize losses even under various market risk conditions.
It responds flexibly through a self-developed glide path (asset allocation curve). The glide path refers to the route an airplane takes when landing and serves as a guide for determining asset allocation by age group and life cycle. Customized asset allocation considering the domestic market and investor characteristics was created to suit the Korean market environment.
The fees gradually decrease every five years to reduce the fee burden at retirement. A KCGI Asset Management official said, "As interest in retirement preparation grows, TDF (Target Date Fund) is gaining attention as a financial product," adding, "Freedom TDF will stably manage and grow investors’ assets while enhancing investment value through cost efficiency."
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The Korea Premium Brand Award is sponsored by the Ministry of Trade, Industry and Energy, the Ministry of Agriculture, Food and Rural Affairs, and the Korea Brand Management Association (KBMA), and this year marks its 20th anniversary.
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