Shinhan Asset Management's "Retirement Pension Fundamental Index 40 Fund" Surpasses KRW 300 Billion in Net Assets

Shinhan Asset Management announced on the 24th that the net asset value (NAV) of the "Shinhan Retirement Pension Fundamental Index 40 Fund (Mixed Bond)" has surpassed KRW 300 billion.

According to Zeroin, a fund evaluation agency, the NAV of this fund, which stood at KRW 79.2 billion at the beginning of this year, has grown rapidly as its outstanding management performance has become more prominent. The NAV exceeded KRW 100 billion in mid-January, surpassed KRW 200 billion in April, and continued to attract steady inflows, ultimately reaching KRW 300 billion—a growth of approximately 3.8 times. With this achievement, the fund has firmly established itself as a flagship retirement pension product representing Shinhan Asset Management.

The Shinhan Retirement Pension Fundamental Index 40 Fund is a mixed bond fund that invests in both stocks and bonds. The equity portion is designed to track the "Korea Value-Up Index," which was developed to comprehensively reflect corporate shareholder return policies, capital efficiency, and profitability. The fund employs a strategy that focuses on companies expected to achieve sustainable growth and enhance shareholder value based on earnings. This approach has attracted significant investor attention amid the recent trend in the domestic stock market to resolve the Korea Discount and expand shareholder return policies. The main investment targets include Samsung Electronics, SK hynix, SK Square, Hyundai Motor Company, and KB Financial Group, with the portfolio centered on companies anticipated to deliver both earnings growth and corporate value enhancement. The bond portion seeks stable interest income by investing in government and public bonds as well as high-grade corporate bonds.

Based on this solid portfolio, the fund has delivered strong short- and long-term performance. According to Zeroin, the fund recorded returns of 20.44% over the past three months, 59.15% over one year, and 93.13% over three years, demonstrating robust results across all periods. The fund has consistently met the needs of retirement pension investors seeking to manage short-term volatility while benefiting from long-term compounding effects.

Shinhan Asset Management is also working to strengthen its competitiveness in the index fund market by expanding and refining its product lineup. In April this year, the company launched the "Shinhan SOL KOSDAQ 150 Index Fund," and rebranded its existing KOSPI 200 index-tracking fund as the "Shinhan SOL KOSPI 200 Index Fund" to communicate its management strategy more intuitively.

Kim Kyungil, Head of WM Pension Channel Division at Shinhan Asset Management, stated, "The Shinhan Retirement Pension Fundamental Index 40 Fund is growing into a large-scale fund thanks to a solid management strategy and stable performance in both the short and long term, resulting in continued capital inflows. Moving forward, we plan to further nurture the Shinhan Retirement Pension Fundamental Index 40 Fund as a leading retirement pension fund through an expanded lineup of distributors and proactive marketing."

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