"Managing Cash After Retirement?" Shinhan Securities Offers 'Shinhan Maeum Pyeonhan RIF'

Asset Allocation Fund Tailored to the Retirement Asset Withdrawal Phase
Four Products: 2040 and 2050 Standard and Monthly Dividend Versions

Shinhan Securities said on October 20 that it is offering Shinhan Maeum Pyeonhan RIF (Retirement Income Fund), an asset allocation fund designed to help investors manage stable cash flows and preserve their assets after retirement.

Shinhan Maeum Pyeonhan RIF is a fund managed by Shinhan Asset Management and specialized for the retirement asset withdrawal phase. It is designed to help investors use their assets systematically after retirement, reduce the risk of depleting them too early, and manage regular cash flows.

The products are divided according to their target withdrawal end dates into Shinhan Maeum Pyeonhan RIF 2040 and Shinhan Maeum Pyeonhan RIF 2050. Each is available in a standard and a monthly dividend version, for a total of four products. Investors can choose a product based on their plans for using funds after retirement and their cash flow needs.

The standard version seeks long-term growth through reinvestment without paying distributions. The monthly dividend version pays distributions automatically each month based on a target distribution rate, helping investors manage cash flows systematically. However, the target distribution rate and whether distributions are paid may change, or payments may be suspended, depending on market conditions and fund performance.

Shinhan Maeum Pyeonhan RIF is a retirement asset management solution linked to Shinhan Asset Management's Shinhan Maeum Pyeonhan TDF. It is designed to support pension asset management tailored to investors' life stages, with a TDF for the asset accumulation phase before retirement and an RIF for the asset utilization phase after retirement. Investors can enroll through Shinhan Securities branches nationwide and its mobile channels. The fund is also available through retirement pension accounts.

"As the population ages, the importance of managing assets after retirement is growing, and interest is increasing in stable cash flow management that goes beyond simply accumulating assets," said Lee Gwangryeol, head of the Investment Products Department at Shinhan Securities. "We expect Shinhan Maeum Pyeonhan RIF to serve as a pension investment solution that helps investors manage their retirement assets efficiently in line with their withdrawal plans and funding needs."

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