KakaoBank's Target Return Fund Surpasses 15 Billion Won in Sales in Three Months

KakaoBank's 'Target Return Fund' series has surpassed a cumulative sales amount of 15 billion won just three months after its launch. With the first through third funds achieving their target returns in a short period, KakaoBank is continuing this momentum by opening subscriptions for the fourth product on March 9.

According to KakaoBank on March 9, the first fund, titled "Achieve Target Returns Together through Policy Benefits," which launched in November last year, reached its target return of 6% in just 45 days. Following that, the second fund "Achieve Target 7% Together through ETFs," and the third fund "Achieve Target 7% Together through Selected KOSPI Stocks," which launched in January this year, also met their target return of 7% in just 32 days and 23 days, respectively. The target return funds are structured to automatically convert managed assets into safe assets once a predetermined target return is reached, thereby locking in profits and reducing risks from market volatility.

Thanks to these results, the cumulative sales of the target return fund series exceeded 15 billion won within three months of launch. The ability to subscribe through the app without visiting a branch, as well as the option to check real-time yield status, have been cited as factors drawing investor attention. In particular, more than 90% of all subscribers opted for the 'automatic withdrawal service,' which automatically ends the investment and secures profits once the target is achieved. KakaoBank explained that automating the timing of profit realization has effectively eased the psychological burden for investors.

Starting today until 5:00 p.m. on March 16, KakaoBank is accepting subscriptions for the fourth fund, "Achieve Target 7% Together through AI ETFs." This product aims to achieve a 7% target return by diversifying investments in the AI and tech industries. More than 50% of assets are allocated to domestic short-term bond ETFs and similar products, while the remainder is invested in leading global AI companies and related ETFs in countries such as Korea, the United States, and China, seeking growth opportunities. The minimum subscription amount is 1 million won. Beginning March 17, KakaoBank also plans to open subscriptions for the fifth fund, which will focus on promising global themes. A KakaoBank representative stated, "Even in highly volatile markets, our carefully selected funds are delivering strong results and earning customer trust," adding, "We will continue to introduce products with diverse themes and stable management strategies."

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