Heungkuk Asset Management Launches Data Focus Target Down No. 2

Heungkuk Asset Management announced on November 3 that it has begun raising funds for the "Heungkuk Data Focus Target Down Target Conversion Type Securities Investment Trust No. 2 [Bond Mixed]."

Following the unexpected influx of funds into the "Heungkuk Data Focus Target Down Target Conversion Type Securities Investment Trust No. 1 [Bond Mixed]" launched last month, the company has introduced the second product in the series. The first fund attracted approximately 28 billion won and is currently delivering solid performance.

Like the first fund, the Heungkuk Data Focus Target Down Target Conversion Type Securities Investment Trust No. 2 [Bond Mixed] utilizes objective data analysis, including export statistics and actual sales figures, while additionally leveraging SNS big data. The fund focuses on concentrated investments in high-quality growth stocks with strong performance momentum, technological capabilities, growth potential, and brand competitiveness.

The second fund targets a 6% return after inception, with an automatic adjustment (target down) to a 5% target return after one year. Once the target return is achieved, the fund transitions to stable asset classes such as government bonds, high-quality corporate bonds, and commercial paper (CP), focusing on securing stable interest income.

Lee Seokhee, Head of Pension/WM Marketing Division, stated, "Heungkuk Asset Management's equity fund, 'Heungkuk Dynamic Growth Securities Investment Trust [Equity]', which is managed using the data focus strategy of the target conversion type fund, has achieved a return of over 80% since the beginning of this year." He added, "Compared to other equity funds of the same type, it is among the top performers this year."

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