KB New Korea Fund Surpasses 30 Billion KRW in Assets Under Management

KB Asset Management announced on August 5 that the "KB New Korea Fund" surpassed 30 billion KRW in assets under management just nine business days after its launch.

As expectations rise regarding government-led industrial policies and the advancement of the capital market, word has spread that the fund is heavily investing in stocks with high potential to benefit from these trends, leading to increased interest among investors.

Launched on July 23, the "KB New Korea Fund" was designed to align with the new administration's focus on fostering key industries and the evolving capital market landscape. The fund employs a strategy of selectively investing in companies expected to benefit from government policies.

The government has identified six strategic industry groups, referred to as "ABCDEF," as new growth engines for the recovery of the Korean economy. "ABCDEF" stands for AI (Artificial Intelligence), Bio, Contents, Defense, Energy, and Factory (Manufacturing).

The KB New Korea Fund seeks to capitalize on structural growth by proactively investing in the "ABCDEF" industries. In particular, the fund focuses on companies related to semiconductors, bio, defense, and K-culture, aiming to achieve both growth and profitability by targeting these mid- to long-term growth drivers.

In line with efforts to advance the capital market, the fund also invests in holding companies and stocks with low price-to-book ratios (PBR), which are expected to benefit from the resolution of the "Korea Discount" and improved profitability.

The KB New Korea Fund builds its portfolio around large-cap companies listed on the KOSPI and KOSDAQ markets, incorporating ESG (Environmental, Social, and Governance) factors to pursue sustainable growth. At the same time, it plans to diversify investments by focusing on undervalued blue-chip and large-cap stocks, enabling flexible responses even during economic recoveries.

Yook Donghwi, Head of Pension WM Division at KB Asset Management, stated, "Recently, as demand for investment in industries benefiting from government policies increases and the domestic stock market rebounds, more investors are seeking new investment opportunities. The 'KB New Korea Fund' will be the optimal solution to quickly respond to these market trends."

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