Yuanta Securities to Sell "iM Asset Hero Long-Short Focus Securities Investment Trust"

Yuanta Securities will be the exclusive seller of the “iM Asset Hero Long-Short Focus Securities Investment Trust (Private Fund-of-Funds).”

According to Yuanta Securities on October 15, the product is a public fund that invests exclusively in private funds employing long-short strategies. The strategy is being attempted for the first time in Korea’s financial industry. Rather than investing only a portion of its assets in long-short funds for diversification, the fund excludes long-only and long-biased strategies and carefully selects only private funds employing traditional long-short strategies that have been well regarded by the market.

Because performance can vary significantly between managers even when they use the same long-short strategy, the company selected underlying fund managers through qualitative assessments, including a review of past performance, thorough due diligence, and checks of their risk management processes. It enhanced the fund’s structure by including as underlying funds flagship long-short funds run by Insight, Midas Asset, The J, Ssiat, and Forest Asset Management, managers that have demonstrated stable volatility management and the ability to deliver solid investment performance.

“This fund carefully selects and invests in only the best private fund firms that employ fundamental long-short strategies. It stands out as Korea’s first traditional long-short private fund-of-funds available to public investors, a product that has not existed in the domestic fund market,” said Hong Donghun, head of the Product Strategy Division. “Long-short strategies aim to manage volatility while pursuing absolute returns through positions in both directions. We believe this product, prepared exclusively for Yuanta Securities customers, will be a good option for investors seeking new investment alternatives amid recent market volatility.”

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