Shinhan Asset Management's 'Shinhan Quick Response Qualified TDF Series' Surpasses KRW 200 Billion in Assets Under Management

Shinhan Asset Management's 'Shinhan Quick Response Qualified TDF Series' is experiencing rapid growth, surpassing KRW 200 billion in assets under management thanks to its differentiated management strategy and outstanding performance.

On April 30, Shinhan Asset Management announced that more than KRW 130 billion had flowed into the series since the beginning of the year, bringing the total assets under management to over KRW 200 billion. This is interpreted as a result of quickly expanding its market share in the pension market by earning investors' trust even amid increased market volatility.

The series established a full lineup by launching the 2030 and 2060 vintages last year and adding the 2035, 2040, and 2050 vintages in March. As a result, investors now have a wide range of options tailored to their retirement timeline and risk preferences.

In terms of performance, the main vintages have also delivered excellent results. According to fund evaluation company Zeroin (as of April 27), 'Shinhan Quick Response Qualified TDF 2030(H)' recorded a one-year return of 31.98%, ranking first among its vintage peers. Additionally, the 2035(H) and 2040(H) vintages also posted strong returns of 30.17% and 32.22%, respectively, continuing a stable trend.

The Shinhan Quick Response Qualified TDF Series is an asset allocation fund that diversifies investment across global stocks and bonds. It features a dynamic asset allocation strategy that quickly responds to market changes while maintaining asset allocation even after retirement. Notably, investors can choose between currency-hedged (H) and currency-unhedged (UH) options, providing greater flexibility in responding to exchange rate movements, and the redemption structure is also differentiated. Unlike typical overseas public offering funds, which take about eight business days for redemption, the Quick Response TDF applies a structure that pays redemption proceeds within four business days, enhancing market responsiveness and operational flexibility.

Kim Kyungil, Head of the WM Pension Channel Division at Shinhan Asset Management, said, "The Shinhan Quick Response Qualified TDF is a product that broadens investor choices by differentiating itself through its fast redemption cycle and asset allocation strategy. Its stable performance has led to continued inflows of funds, resulting in a significant increase in assets under management since the beginning of the year." He added, "Amid the recent expansion of global market volatility, we expect continued demand for target date fund (TDF) strategies that diversify investments across a variety of assets rather than concentrating on specific asset classes. We also plan to continue expanding our sales channels based on our broader lineup."

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