KB New Korea Fund Surpasses 100 Billion Won in Net Assets Just Three Months After Launch

KB Asset Management announced on the 17th that the "KB New Korea Fund" surpassed 100 billion won in net assets just three months after its launch.

As the domestic stock market continues to soar on expectations of policy benefits, investor interest in the "KB New Korea Fund" is also growing.

Launched in July, the KB New Korea Fund is a product designed to align with the government's industrial development policies and capital market trends. It focuses on intensive investments in six strategic industries: Artificial Intelligence (AI), Bio, Content, Defense, Energy, and Manufacturing (ABCDEF).

The fund builds its portfolio around large-cap KOSPI and KOSDAQ companies within these six strategic sectors, while also incorporating ESG (Environmental, Social, and Governance) factors to pursue sustainable growth.

Additionally, it aims for stable performance by including holding companies expected to benefit from capital market advancement policies that could resolve the "Korea Discount," as well as undervalued blue-chip stocks with low price-to-book ratios (PBR). The fund also employs a diversification strategy to respond flexibly during economic rebounds.

Major holdings include SK Hynix (13.19%), Hanwha Aerospace (3.65%), LG Energy Solution (3.47%), HD Hyundai Mipo (3.11%), Alteogen (3.11%), Sanil Electric (3.01%), and YG Entertainment (2.93%). The fund recorded a one-month return of 8.81% and a cumulative return of 12.27% since inception.

Yook Donghwi, Head of Pension WM Division at KB Asset Management, stated, "Expectations are rising for the government's efforts to foster growth industries and strengthen capital market activation policies. In this context, the KB New Korea Fund will be the optimal investment alternative to capitalize on policy benefits in advance."

The KB New Korea Fund is available through KB Kookmin Bank, KB Securities, Samsung Securities, Kiwoom Securities, Korea Investment & Securities, and Hanwha Investment & Securities.

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