Shinhan Global Carbon Neutral Solution Fund Surpasses 50 Billion KRW in Assets Under Management

Shinhan Asset Management announced on August 12 that the 'Shinhan Global Carbon Neutral Solution Fund' has surpassed 50 billion KRW in assets under management.

Since the beginning of this year, 37 billion KRW in new capital has flowed into the fund, reflecting growing investor trust and interest in Shinhan Asset Management's equity funds despite global market volatility.

According to fund evaluation firm KG Zeroin, the fund recorded a one-year return of 77.75%, ranking first among global equity funds. Its three-month and nine-month returns were also strong, at 35.05% and 37.36% respectively, demonstrating excellent performance in both the short- and medium-term.

The Shinhan Global Carbon Neutral Solution Fund invests in global companies that provide solutions for achieving carbon neutrality and generate economic value. The portfolio is constructed through in-depth analysis of individual companies based on five key themes: power generation, hydrogen, circular economy, mobility, and artificial intelligence (AI). The fund has delivered excess returns compared to the market through active portfolio adjustments tailored to market conditions.

Kim Jooyoung, Head of Equity Management at Shinhan Asset Management, stated, "The domestic stock market is experiencing a gradual upward trend, driven by growth in the AI industry and new government policies. The US market also has significant upside potential, as liquidity expansion accelerates amid strong earnings from the Magnificent 7 (M7) and expectations of interest rate cuts."

He added, "We construct a balanced portfolio across countries by selectively investing in major growth stocks in both the US and domestic markets. By proactively investing in emerging growth sectors that are gaining attention in each market, we aim to achieve stable excess returns."

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