Launch of Samsung Global Core AI Target Maturity Fund No. 3

Amid the recent trend of interest rate cuts and increasing market volatility, target maturity funds that pursue both profitability and stability are gaining attention. Thanks to their structure, which automatically shifts to bond-type assets-a safe asset-once the target return is achieved, investors feel less pressure about timing their redemptions.

Samsung Asset Management announced on September 8 that it will launch the "Samsung Global Core AI Target Maturity Fund No. 3," which focuses on investing in leading global artificial intelligence (AI) companies. This third fund is being introduced with a more aggressive management strategy, building on the success of the first and second funds, which achieved their targets early. It is also the last Samsung Global Core AI Target Maturity Fund to be launched this year.

The third fund has selected companies with strong growth potential from key value chains in the AI industry, including semiconductors and infrastructure, software, and robotics. It will be managed in a concentrated portfolio of 10 to 15 U.S.-listed global AI companies. Notable candidates for inclusion are Nvidia, Palantir, Tesla, and Marvell Technology.

Unlike the second fund, which limited its equity allocation to a maximum of 70%, the third fund allows the equity portion to be expanded to just under 100%, and bonds to be included at up to 40%. This design enables flexible allocation adjustments according to market conditions, allowing for outperformance during bull markets. The target return has also been raised from 9% to 10%. While maintaining a stable structure, the fund is characterized by its ability to pursue returns more aggressively in line with market conditions.

The first and second Samsung Global Core AI Target Maturity Funds, both launched for the first time this year, achieved their target returns in just 45 and 49 days, respectively. Through these two products, a total of 153 billion won was successfully raised. Achieving the targets early despite heightened global market volatility is attributed to sophisticated management strategies and agile market responsiveness.

Lee Seunghyun, manager at Samsung Asset Management, explained, "With more companies commercializing AI agent services and increased investment in data centers, the global AI market continues to gain growth momentum." He added, "The third fund is designed to flexibly manage equity and bond allocations, enabling more agile responses to market conditions and simultaneously pursuing both outperformance and downside protection."

Samsung Asset Management has launched a total of four target maturity products so far this year, attracting approximately 500 billion won in capital. Three of these funds have achieved their target returns early, marking industry-leading results. The target maturity product currently under management is the 'Samsung Automated Investment EMP No. 4,' which was launched on July 21.

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