Samsung Asset Management Launches "Samsung National Participation National Growth Fund No. 2"

First Come, First Served Sales Until October 15
Lower-Income Quota Expanded to 50%

Samsung Asset Management announced on September 30, 2026, that it will launch the 'Samsung National Participation National Growth Fund No. 2' on the same day. Compared to the first round of fundraising that sold out in May, the fund has significantly enhanced user convenience.

This fund is a private equity fund of funds for public offering, established with the public interest goal of allowing the public to participate in the innovative growth of Korea's high-tech industries. It invests in 10 outstanding specialist private equity funds, which in turn invest in 12 advanced strategic industry sectors including artificial intelligence (AI), semiconductors, robotics, and bio, targeting both unlisted companies and KOSDAQ-listed companies under special technical listing programs.

The fund’s biggest feature is its loss-sharing structure, which strengthens investment stability. Even if losses occur in individual underlying private equity funds, the government’s fiscal contribution and private equity management companies’ subordinated investments are used to absorb losses first. As a result, losses for general public offering investors are buffered up to approximately 18.8% to 23.3%. However, it should be noted that this product does not guarantee the entire principal.

In particular, the second round of fundraising expands opportunities and convenience for ordinary citizens. For the first five business days after sales begin, 50% of the fund quota is reserved for “priority allocation to the lower-income bracket.” To make it easier to join, the fund uses public MyData services to streamline income verification procedures, allowing customers to confirm eligibility in a one-stop process without submitting additional documents.

However, in order to provide benefits to more citizens, customers who have actually invested in the first fund are restricted from subscribing to this second fund.

Customers who meet the requirements for a dedicated investment account can enjoy tax benefits. For investments up to KRW 30 million, a 40% income deduction is available; for amounts exceeding KRW 30 million up to KRW 50 million, a 20% deduction applies; and for amounts over KRW 50 million up to KRW 70 million, a 10% deduction is available. The maximum total annual income deduction limit is KRW 18 million. Additionally, investors holding the fund to maturity for over five years can benefit from a 9.9% separate taxation on dividend income. For general investment accounts without tax benefits, subscriptions are capped at KRW 30 million per year.

This fund is a five-year closed-end product, and holding to maturity is the principle. To ensure minimal liquidity, it will be listed and tradable on the exchange within 90 days after establishment, but if transferred within three years of investment, the tax benefits received will be clawed back.

The Samsung National Participation National Growth Fund No. 2 can be subscribed to through five securities firms—Samsung Securities, Shinhan Investment Corp., Hana Securities, Woori Investment & Securities, and Meritz Securities—as well as four banks: Shinhan Bank, NH Nonghyup Bank, Gwangju Bank, and Kyongnam Bank. In total, it is available at nine financial institutions’ offline branches and online channels.

A representative from Samsung Asset Management stated, “The National Growth Fund is a core national policy model for redirecting liquidity previously concentrated in real estate or deposits into high-tech strategic industries, which are the growth engines of the nation's future. It is expected to serve as the optimal investment alternative for enjoying the medium- to long-term fruits of future national core industries with stability.”

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