KB Asset Management Launches "KB Korea Focus Qualified TDF"

KB Asset Management announced on June 29 that it is launching the "KB Korea Focus Qualified TDF," a fund reflecting the lifetime income cycle of Koreans.

As the domestic target date fund (TDF) market has grown to a net asset size of 32 trillion won, KB Asset Management has solidified its position as the second largest player in the industry with a market share of 14.2%. With the launch of this new product, KB Asset Management has completed a comprehensive pension product lineup, covering everything from global diversified funds to those focused on domestic assets, in addition to its existing "KB OnGukMin Qualified TDF" and "KB Dynamic Qualified TDF."

The newly introduced KB Korea Focus Qualified TDF is a Korea-style product that allocates assets primarily to domestic stocks and bonds, unlike existing TDFs that have a high proportion of overseas assets. By adding various themes and style allocations to the KOSPI, it is designed to actively participate in the growth and changes of the domestic stock market. The product is available in three vintages—2040, 2050, and 2060—allowing investors to choose based on their expected retirement year.

In particular, the fund features a "Korea-style Glide Path" optimized for the Korean life cycle, maintaining a high allocation to stocks before age 50 to pursue growth opportunities, and increasing the proportion of safer assets such as bonds as retirement approaches to support stable retirement preparation. Furthermore, the fund is differentiated by flexibly adjusting the ratio of risk and safe assets according to market conditions and by actively investing in prominent sectors and themes. The portfolio is constructed using exchange-traded funds (ETFs) that invest in domestic stocks, bonds, gold, and other alternative assets, enabling flexible responses to market volatility and maximizing returns when investment opportunities arise.

This product is expected to be a particularly useful alternative for investors who prefer domestic assets, as it allows them to freely adjust the proportion of domestic assets in their portfolio to their desired level. Additionally, since it has been approved as a qualified TDF by the financial authorities, it can be invested in up to 100% within retirement pension accounts.

Jang Soonmo, Head of Product Strategy at KB Asset Management, stated, "We have prepared the KB Korea Focus Qualified TDF as a new pension solution optimized for Korean retirement pension subscribers," adding, "With more options now available to build domestically focused portfolios, we hope investors will be able to further enhance the completeness of their portfolios and prepare comfortably for retirement."

The KB Korea Focus Qualified TDF is currently available through KB Kookmin Bank and KB Securities, and will be available at NH Nonghyup Bank starting July 7.

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