Heungkuk Asset Management's High Dividend TOP10 Fund Surpasses 10 Billion Won in Assets Under Management

Heungkuk Asset Management announced on September 23 that the "Heungkuk High Dividend TOP10" fund has surpassed 10 billion won in assets under management just about three months after its launch.

The Heungkuk High Dividend TOP10 fund became the first among domestic hybrid funds-excluding newly launched short-term and ultra-short-term bond funds and target maturity funds this year-to exceed 10 billion won in assets under management. This is considered a significant achievement given the current environment where the fund market is growing mainly through exchange-traded funds (ETFs) and open-ended public funds are shrinking.

With ETFs leading the fund market and the traditional public fund sector losing ground, this achievement is viewed as particularly meaningful.

Heungkuk Asset Management explained that recent policy changes, such as the proposed amendments to the Commercial Act and the introduction of separate taxation on dividend income, have been key drivers of capital inflows. These institutional changes are expected to enhance the appeal of dividend investing and encourage companies to strengthen their efforts to increase shareholder value.

The Heungkuk High Dividend TOP10 fund is aligned with this environment by selecting and investing in ten companies within each industry that have a competitive edge, generate stable profits and operating cash flow, and are also expected to see dividend growth.

Park Minkyoung, head of the Equities Investment Team 1 at Heungkuk Asset Management, stated, "With concerns over U.S. tariffs and policy expectations in the first half of the year now settled, market attention is shifting to companies' competitive advantages, profits, and shareholder returns." She added, "The Heungkuk High Dividend TOP10 fund selects companies that are proactive in dividends and shareholder returns, making it an attractive investment alternative for those seeking both dividend income and capital gains in this environment."

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