KCGI Asset Management "TDF, Increase in Fund Inflows in the First Half"

KCGI Asset Management announced on the 8th that there was a significant inflow of funds into the KCGI Freedom TDF Series in the first half of this year.

According to a survey of the top public equity funds by increase in assets under management in the first half, the KCGI Freedom TDF Series saw a 45% increase in assets during the period. In terms of amount, this represented an increase of 31.8 billion KRW.

Following this, the KCGI ESG Co-Growth Fund, KCGI China Fund, KCGI Salaryman Fund, and KCGI Junior Fund also showed significant increases in assets under management.

Among pension funds, the KCGI Freedom TDF Series increased by 31.9 billion KRW, followed by the KCGI Salaryman Fund, KCGI Golden Age TIF, KCGI Global High Dividend Fund, and KCGI Global Growth Base Fund in order of largest increases.

The funds with increased assets also showed strong returns. The average returns of the top 5 funds by asset growth were 15.9% over 6 months and 18.5% over 1 year. During the same period, the average returns of equity funds managed by KCGI Asset Management were 9.1% and 12.3%, respectively, which is 6.8 percentage points and 4.7 percentage points lower.

A representative from KCGI Asset Management stated, "Despite the slump in the public fund market, long-term investment products for retirement preparation have been highly preferred by customers," adding, "Public funds have well-established investor protection mechanisms and are convenient for installment investments, which has led to their steady popularity."

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