'Daishin Shareholder Return High-Dividend Fund' Gains Popularity... Attracts KRW 100 Billion in One Week
The “Shareholder Return High-Dividend Fund” launched by Daishin Asset Management is gaining popularity.
According to Daishin Asset Management on October 13, the fund had KRW 106.8 billion in assets under management as of the previous day, October 12. More than KRW 100 billion flowed into the fund within a short period of its launch, highlighting market interest in investment products related to high dividends and shareholder returns.
The fund selects and invests in undervalued, high-quality stocks among companies that actively return value to shareholders through dividends and share buybacks. It analyzes companies' shareholder return ratios and shareholder return yields to identify stocks with strong investment appeal.
Daishin Asset Management will temporarily suspend sales of the fund from October 19 to 30 in a soft close. The move is intended to ensure stable management during the fund's early stages and effective implementation of its investment strategy. Sales are scheduled to resume on November 2.
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Lee Jae-woo, executive vice president and head of the Marketing Division at Daishin Asset Management, said, "With strong interest from many investors, sales surpassed KRW 100 billion in a short period." He added, "We will continue to strengthen our competitiveness in shareholder return investing through differentiated investment strategies and management capabilities."
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