Business · Companies · 1 hr ago

Korea Investment TDF fund series tops 2 trillion won

Korea Investment TDF fund series tops 2 trillion won

Korea Investment Management’s target-date fund series surpassed 2 trillion won in assets under management.

The combined total was 2.0138 trillion won, based on the previous day’s closing figures.

The series includes two groups, with 20 funds in total.

The manager said assets grew as money continued to flow into target-date funds amid rapid growth in South Korea’s pension market.

One group, TDF ETF Focus, had a recent average Sharpe ratio of 1.29, a measure of returns relative to risk.

The manager said it plans to support long-term investors’ asset building and advised comparing risk-adjusted performance measures and fund managers’ capabilities when choosing a target-date fund.

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Kang Seong-suHead of Solutions Division at Korea Investment Management
We plan to support the asset-building of long-term investors based on an asset allocation system designed to reflect the characteristics of domestic investors.
via Yonhap
When choosing a TDF, investors need to consider risk-adjusted performance measures such as the Sharpe ratio, as well as the manager's capabilities.
via Yonhap