Shinhan MAN Global Bond Fund Series Surpasses 500 Billion KRW in Assets Under Management
Shinhan Asset Management announced on the 21st that its flagship bond product, the 'Shinhan MAN Global Bond Fund Series,' has surpassed 500 billion KRW in assets under management.
The series consists of the 'Shinhan MAN Global High Yield' series, which invests in global high-yield bonds to pursue higher returns, and the 'Shinhan MAN Global Investment Grade Bond Fund' series, which invests in global investment-grade bonds to seek stable, mid- to long-term returns. The company has tailored its offerings to meet investor needs by providing a variety of options, including currency-hedged, currency-open, and monthly dividend types.
The performance is also noteworthy. According to fund evaluation firm Zeroin, as of the 15th, the Shinhan MAN Global High Yield Fund (H) recorded a one-year return of 9.18%. At the same time, the Shinhan MAN Global High Yield Monthly Dividend Fund achieved a one-year return of 9.16%.
The series claimed both the first and second spots in returns among funds of the same global high-yield bond category. In addition, the Shinhan MAN Global Investment Grade Bond Fund (H) and the Shinhan MAN Global Investment Grade Bond Monthly Dividend Fund (H) have attracted more than 100 billion KRW in new investments since the beginning of the year, reflecting strong investor interest.
Recently, the addition of monthly dividend products to the series has actively responded to the needs of investors who prioritize cash flow. The Shinhan MAN Global Investment Grade Bond Monthly Dividend Fund and the Shinhan MAN Global High Yield Monthly Dividend Fund are regarded as new options for investors interested in dividend-focused asset allocation strategies.
Kim Kyungil, Head of the WM Pension Channel Division at Shinhan Asset Management, explained, "The background behind the Shinhan MAN Global Bond Fund Series surpassing 500 billion KRW includes strategic product planning tailored to market phases and product types that meet investor needs." He added, "We will continue to respond swiftly to market changes and strive to be an asset manager that provides effective investment solutions for our clients."
Hot Picks Today
600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division: "Three Paychecks Under One Roof"
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- [Breaking] KOSPI Triggers Buy-Sidecar... Early Session Recovers 7,500 Mark
- "Disappointing Results: 80% of Sunscreens Found Lacking in Safety and Effectiveness"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.