RISE Global Asset Allocation Active ETF Net Assets Surpass 200 Billion Won
KB Asset Management announced on the 24th that its asset allocation active exchange-traded fund (ETF), ‘RISE Global Asset Allocation Active,’ has surpassed 200 billion KRW in net assets.
The RISE Global Asset Allocation Active ETF is a product based on the ‘All Weather’ strategy by Ray Dalio, the founder of Bridgewater, the world’s largest hedge fund.
The All Weather strategy refers to a portfolio designed to generate consistent performance by diversifying assets regardless of changes in the economic cycle. Due to its low volatility, it has gained high trust especially among global institutional investors.
The RISE Global Asset Allocation Active ETF pursues stable market responsiveness and high returns compared to individual asset investments by incorporating U.S. large-cap stocks (30%), domestic bonds (55%), and gold (15%) based on the simple and easy asset allocation of the All Weather strategy. It provides a suitable investment alternative for long-term investors, including pension funds.
By investing in the RISE Global Asset Allocation Active ETF, investors can reduce exchange rate risk by increasing the proportion of KRW-denominated assets represented by domestic bonds, and enhance growth potential through U.S. large-cap stocks, which are dollar-denominated assets. Additionally, the inclusion of gold as an alternative asset allows for both diversification effects and stability.
The fund’s performance is also excellent. It recorded a 23.38% return over the past year, and since its listing in June 2023, the cumulative return has reached 33.71%.
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Lee Su-jin, Head of ETF Product Marketing at KB Asset Management, said, “We recommend investors interested in efficient asset allocation products to use the RISE Global Asset Allocation Active ETF for the long term,” adding, “It is the largest and most stable product among All Weather strategy-based products listed domestically, and investors can invest with the lowest fee (0.01% per annum).”
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