Heungkuk Asset Management announced on the 26th that it will launch "Hungkuk Rising KOSDAQ Target Conversion No. 1" to benefit from the KOSDAQ market revitalization policy.
Heungkuk Rising KOSDAQ Target Conversion No. 1 is a fund that combines KOSDAQ growth stocks and bonds at 50% each. Stock assets focused on AI, IT, power, materials, parts, and equipment industries and bio sectors. Heungkuk Asset Management explained that it actively reflected investment opportunities under the government's policy to revitalize the KOSDAQ market. In the case of bond assets, government bonds, Tongan bonds, and AA-grade or higher high-quality corporate bonds will be incorporated.
The target rate of return is 7%, and the "target down" method is applied, which gradually decreases to 6% and 5% after a certain period of time. If the target rate of return is achieved, it is converted into bonds and operated. The risk level is 4 (moderate risk).
"The expansion of policy support for the KOSDAQ market will strengthen growth momentum centered on promising small and medium-sized stocks," said Lee Seok-hee, head of the pension WM marketing division at Heungkuk Asset Management. "It is a product that can pursue stable asset allocation and growth stock investment opportunities at the same time."
The fund can be subscribed through Kyobo Securities, Daishin Securities, Meritz Securities, Samsung Securities, and IBK Securities by the 31st.
