Shinhan Asset Management Renames Small and Mid Cap Alpha Fund to Shinhan Paradigm Korea Fund

Shinhan Asset Management announced on the 11th that it will change the name of the Shinhan Small and Mid Cap Alpha Fund to the Shinhan Paradigm Korea Fund.

According to fund evaluation company Zeroin, the fund recorded returns of 15.50% over the past one month and 40.28% over the past three months. During the same periods, it ranked first in returns among funds of the same type. Its year-to-date cumulative return reached 60.63%, outperforming its benchmark by 29.05 percentage points (P).

The Shinhan Paradigm Korea Fund seeks investment opportunities by capturing paradigm shifts within industries, going beyond traditional sector classifications. It focuses its investments on core companies based on 10 paradigms, including artificial intelligence (AI), shareholder value, K-consumer goods, bio, eco-friendly, and platform sectors. The fund pursues a strategy of strengthening portfolio diversification and stability through on-site corporate visits and thorough fundamental analysis.

Through this strategic change, the fund moves away from a focus on small and mid-cap stocks and instead seeks alpha returns by diversifying investments across various paradigms in response to government policy changes and market conditions. The fund is committed to maximizing the mitigation of portfolio volatility and expanding excess return opportunities by broadening its core investment areas, such as K-consumer goods, AI, and shareholder value.

Jung Sunghan, Head of Equity Investment at Shinhan Asset Management, stated, "The strategy change is based on a mid- to long-term judgment aimed not only at improving short-term returns but also at responding swiftly to market changes and ensuring sustainable performance for the fund." He added, "In the second half of the year, the domestic stock market will enter a phase where increased volatility coexists with structural growth opportunities," and explained, "There are also expectations of increased capital inflows into Asian markets due to anticipated cuts in the US base interest rate."

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