Woori Asset Management's "New Growth TOP20 Fund" Surpasses 100 Billion Won in Net Assets

6-Month Return at 74%
Short-Term Performance Also "Dominates the Top Spot"
Nearly 40% Concentrated in Samsung Electronics and SK hynix

Woori Asset Management announced on March 26 that its "Woori Korea New Growth TOP20 Securities Investment Trust No.1 (Equity)" fund has surpassed 100 billion won in net assets, driven by its strong short- and long-term returns.

According to fund evaluation firm Zeroin on the previous day, the one-year return of the Woori Korea New Growth TOP20 Fund stood at 142.6%. Its six-month return also reached 74.7%, ranking first among domestic equity funds (A Class) with "New Growth" in their title.

The fund's outstanding performance has been attributed to a "concentrated investment" strategy based on rigorous selection and focus. The New Growth TOP20 Fund selectively invests in around 20 high-quality companies within key promising industries driving Korea's future growth, such as semiconductors, artificial intelligence (AI), robotics, and defense, focusing on firms with strong stock price growth potential and robust profit generation.

In particular, the fund's proactive increase in the weighting of leading semiconductor stocks in response to the global AI and semiconductor supercycle has been cited as a key factor. Looking at the portfolio, Samsung Electronics accounts for 23.98% and SK hynix for 14.52%, giving the two leading domestic semiconductor companies a combined weighting of about 40%. The portfolio also includes beneficiaries of growth such as Samsung Electro-Mechanics, Doosan Enerbility, and Hyundai Motor Company.

Additionally, the fund manager's sophisticated risk management strategy has played a significant role. If a stock exceeds its preset target return, profits are realized gradually, allowing the fund to maintain strong performance while enhancing downside protection even in volatile market conditions.

Lee Hoseok, Head of Equity Investment Team 2 at Woori Asset Management, stated, "Surpassing 100 billion won in net assets and achieving the top return for the New Growth TOP20 Fund is the result of our research capabilities and investment expertise translating into performance," adding, "We will continue to strive to identify future growth engines ahead of the times and deliver strong results going forward."

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