Kiwoom Asset Management Launches New Kiwoom Keywordream TDF 2060 Fund

Kiwoom Asset Management announced on the 26th the launch of the ‘Kiwoom Kiwo Dream TDF 2060’ series designed for young adults in their 20s who are just starting their careers.

Since 2018, Kiwoom Asset Management has led the domestic target date fund (TDF) market, and it expects the assets under management for the Kiwo Dream TDF series to surpass 500 billion KRW in the second half of this year.

Kiwoom Asset Management’s 'Kiwoom Kiwo Dream TDF' series operates various products in 5-year increments from 2025 to 2055. By newly launching the TDF 2060 vintage, it plans to provide a retirement pension solution that meets the diverse needs of a wide range of investors.

For TDF 2060, a product designed for long-term investment of over 35 years, the most important factor for subscribers is minimizing investment costs. When investing long-term with the same rate of return, differences in fees cause variations in accumulated funds.

The 'Kiwoom Kiwo Dream TDF' mainly employs an investment strategy of ultra-diversification by carefully selecting excellent ETFs worldwide. It pursues cost-minimizing management. This is expected to significantly contribute to long-term performance through the cumulative effect of reducing costs in the ‘TDF 2060’ series.

Kiwoom Kiwo Dream TDF directly manages and selects the best ETFs by region and asset class worldwide. In addition to stocks and bonds, it actively defends against inflation risk by investing in alternative assets and real assets such as infrastructure, inflation-linked bonds, REITs, and commodities according to market conditions.

Unlike previously launched vintages, Kiwoom Kiwo Dream TDF 2060 offers both currency-hedged (H) sub-funds and unhedged (UH) sub-funds. This expands the range of choices so that customers can select funds that match their risk tolerance regarding foreign exchange gains and losses.

Hye-na Kim, team leader at Kiwoom Asset Management, introduced, "In the United States, a leading country in pensions, over 60% of people in their 20s manage their retirement assets with TDFs in the 401(k), which corresponds to Korea’s DC-type retirement pension." She added, "For young adults just starting their social lives who feel uncertain about how to manage their pension assets, TDFs can be an excellent investment alternative to start pension investment in a stable and effective way."

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