Kiwoom Asset Management's 'Kiwoom Keywordream TDF Fund' Surpasses 500 Billion KRW in Net Assets

Kiwoom Asset Management announced on the 21st that the net assets of the Kiwoom Keywordream TDF fund have surpassed 500 billion KRW.

The Kiwoom Keywordream TDF has maintained stable performance for seven consecutive years. In 2022, it won the Grand Prize in the 'TDF category' at the KG Zeroin Korea Awards. Additionally, as an independent asset management company without a retirement business operator, it ranked first in TDF assets under management (as of 10/21) and ranked third in assets under management among TDFs included in the pre-designated management system as of that date.

The Kiwoom Keywordream TDF is advantageous for long-term performance improvement as it is managed as an exchange-traded fund (ETF) with lower costs than general funds. Furthermore, it allows broad stock discovery and inclusion through self-management. Generally, when there is an outsourcing or advisory contract, the investment universe consists of funds from overseas outsourced managers or advisory firms related to the contract. However, direct management removes such restrictions. Kiwoom Keywordream TDF enables an open architecture structure that selects the best stocks from a wide investment universe, allowing for better ETF inclusion.

Investors interested in overseas investments, such as Seohak Gaemi, may be familiar with global ETFs like BlackRock's iShares, Vanguard, Invesco, and State Street SPDR. Unfortunately, direct investment in overseas-listed ETFs is not possible in retirement pension DC/IRP accounts. Kiwoom Keywordream TDF is a smart TDF that includes carefully selected stocks, considering performance, cost, and liquidity, including overseas-listed ETFs that are difficult to invest in directly through retirement pension accounts, and automatically allocates assets according to the investor's life cycle until the targeted retirement date.

Also, since it is managed by the Multi-Asset Management Headquarters, active collaboration with the global equity team and ETF business division facilitates theme derivation, and the various ETFs discovered this way are utilized as actual investment tools. Moreover, the management team consists of experts with extensive experience in mid- to long-term funds and pension management, such as the National Pension Service and life insurance, enabling more systematic and professional investment for TDFs that require long-term investment throughout the life cycle.

Kiwoom Keywordream TDF offers a broad lineup of eight funds according to the customer's retirement date: 2025, 2030, 2035, 2040, 2045, 2050, 2055, and 2060, allowing subscriptions from young workers to those nearing retirement.

Kim Hyena, team leader at Kiwoom Asset Management, said, “More than 80% of retirement pension reserves are still concentrated in principal-guaranteed products, which can be especially vulnerable to investment performance during periods of declining interest rates. Therefore, shifting funds to performance-based products is urgent to strengthen retirement income security. TDFs have already been designated as default option products in pension-advanced countries such as the United States, Australia, and the United Kingdom, and have been proven for their performance and stability over a long period. Thus, they can be a strong alternative for investors who do not know how to manage their retirement pension assets and leave them unattended.”

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