Daishin Asset Management's Shareholder Return High Dividend Fund Surpasses KRW 200 Billion in AUM

The assets under management of the Shareholder Return High Dividend Fund, managed by Daishin Asset Management, an affiliate of Daishin Securities, exceeded KRW 200 billion.

Daishin Asset Management said on November 12 that the fund's assets under management stood at KRW 202.3 billion as of the previous day. This came just 16 business days after its launch on October 6, excluding the soft-closing period.

The fund selects and invests in companies that actively return capital to shareholders through dividends and share buybacks and cancellations. When selecting stocks, it considers the scale of a company's dividends and share buybacks and cancellations alongside its share price. The fund uses the "shareholder return yield," which indicates the level of shareholder returns relative to the current share price, as a key investment metric. The Daishin Shareholder Return High Dividend Fund is available through a total of 16 financial institutions, including Daishin Securities.

"Market volatility and expectations for expanded shareholder returns have translated into demand for the fund," said Lee Jae-woo, head of the Marketing Division. "Building on our differentiated investment strategy and management capabilities, we will develop Daishin's competitive edge in shareholder return investing."

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