Hantoo Asset Management's Korea Investment TIF Self-Managed Lifetime Income Fund Series Surpasses 200 Billion KRW in Assets Under Management

Korea Investment Trust Management announced on the 23rd that the assets under management of the Korea Investment TIF Alseorae Lifetime Income Fund series have surpassed 200 billion KRW.

As of the previous day, the assets under management of the Korea Investment TIF Alseorae Lifetime Income Fund series reached 227.1 billion KRW, marking a sharp increase of approximately 204.1 billion KRW compared to the end of last year, with a growth rate of 888%. This is the highest growth rate among all domestic TIF fund series. The inflow of funds into this fund series is attributed to its ability to generate stable returns.

In 2017, Korea Investment Trust Management partnered with the U.S.-based specialized asset manager T. Rowe Price to launch the Korea Investment TIF Alseorae Lifetime Income Fund series and the Korea Investment TDF Alseorae Fund series. TIF funds, or Target Income Funds, are managed with the goal of a withdrawal rate calculated by considering the probability of preserving pension assets aligned with the pension receipt period after age 55.

The Korea Investment TIF Alseorae Lifetime Income Fund series includes various TIF fund lineups such as bond-type, bond-mixed type, monthly payment type, and the Korea Investment TIF Alseorae Lifetime Income ETF Focus Fund series, which was launched and is managed independently by Korea Investment Trust Management in 2022. The Korea Investment TIF Alseorae Lifetime Income Monthly Payment Fund is popular among investors who require a steady cash flow, as it provides distributions at a fixed payout rate every month.

Oh Won-seok, Executive Director in charge of pensions at Korea Investment Trust Management, explained, “The steep growth of this fund series is thanks to our strategic approach to satisfy the diverse demands of investors,” adding, “It has received positive responses from investors seeking consistent returns.” He emphasized, “We will continue to expand the Korea Investment TIF Alseorae Lifetime Income Fund series through differentiated management strategies and enhanced customer-centric services.”

Meanwhile, the Korea Investment TIF Alseorae Lifetime Income Fund series is a performance-based dividend product, and past returns do not guarantee future returns. Principal loss may occur depending on management results.

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