iM Asset Management announced on the 12th that it will launch its second private equity investment indirect fund, iM Asset Hero Selection Securities Investment Trust (private equity investment indirect type). It has been about three months since the launch of the iM Asset Tiger Focus Securities Investment Trust (indirect type of private equity investment) last year.
iM Asset Asset Management said, "The concept is that anyone can join the private equity fund that they want to join the market without any amount restrictions," adding, "We will select and include around seven key private equity funds of four leading private equity managers in Korea (Gudo Asset Management, Must Asset Management, W Asset Management, and Quad Asset Management)."
Rather than investing heavily in a single private equity fund, it is characterized by increasing the diversification effect by forming a single private equity fund with different management philosophies and strategies into a single portfolio.
The product will be sold exclusively for a certain period of time through Yuanta Securities.
Private equity managers incorporated into the Hero Selection Fund are organized around different strategies.
Old Asset Management uses a multi-strategy based on a long-short strategy that selects stocks based on global trend analysis and data and captures the timing of entry. Through this, it is evaluated that it is showing strength in selecting companies in the stage before market interest is in full swing.
Must Asset Management is a value-based stock strategy that focuses on changes in corporate fundamentals, and has maintained a consistent principle of finding and investing in stocks that are undervalued compared to fundamentals.
W Asset Management seeks additional revenue opportunities by leveraging its event-driven alpha strategy, along with its long strategy of investing heavily in stocks with strong growth potential.
Based on professional research capabilities and team management systems centered on healthcare, Quad Asset Management is using a strategy to capture opportunities even in the face of volatility.
iM Asset Asset Management emphasized that strict due diligence was conducted in the process of incorporating private equity funds, focusing on the stability of management stations, consistency of past performances, scale and liquidity of operations, and internal risk management systems. iM Asset Asset Management said, "Funds that incorporate high-level products or unlisted stocks have been excluded from the investment target, increasing the stability as a public offering fund."
Hero Selection Fund plans to reflect the performance compensation incurred by the performance of private equity funds in the standard price of public offering funds every day. The goal is to implement the structure of private equity funds with transparency and fairness at the level of public offering funds.
Hero Selection Fund invests 90% of its assets in selected private equity funds, and some assets are invested in "iM Asset Tomorrow's Short-Term Bond Securities Investment Trust (Bonds)" funds and "iM Asset ALL Right ESG Short-Term Bond Securities Investment Trust (Bonds)" funds with low investment risk ratings to manage liquidity and ease volatility.
An official from iM Asset Asset Management said, "The Hero Selection Fund is a product that selects only managers and representative funds that have already been proven to be competent in the private equity market. We intend to present differentiated investment opportunities to investors by providing private equity investments centered on high-value asset owners in a second-hand public offering fund structure that allows them to invest without minimum subscription limit."
"We expect the sole sale of Yuanta Securities to convey the product structure and investment philosophy more clearly," he said. "iM Asset Asset Management will continue to introduce competitive private equity investment indirect products based on thorough due diligence and structural design."
Hero Selection Fund is a first-class (very high risk) investment product consisting of a private equity fund-based portfolio and is a private equity investment indirect public offering fund with the possibility of losing principal. Profits or losses from operational performance are attributed to investors.
