DB Asset Management noted on the 26th that it is launching the 'Golden Senior' brand with a dedicated fund for seniors and will release the 'DB Golden Senior Income Target Investment Fund (TIF).'
Golden Senior means paving a golden path for seniors in the fund market, and DB Asset Management plans to lead the senior market through the launch of specialized products.
The fund being launched this time aims to manage retirement funds securely and provide a steady cash flow. It is characterized by diversified investments across various asset classes rather than relying on a single asset class to pursue both stability and revenue. This strategy alleviates the impact of individual market and asset shocks, reducing the risk of depletion of retirement assets.
In addition, to provide a steady cash flow, the plan is to primarily invest in dividend-paying exchange-traded funds (ETFs), stable income bonds, and global income assets related ETFs, including U.S. high yield, pursuing continuous cash generation.
This fund is a fund of funds structure consisting of two sub-funds, including a monthly distribution fund that pays out distributions at a rate designated by the collective investment operator every month, and a general-type fund where subscribers can directly determine the distribution rate through sales companies. It will be sold starting today through DB Financial Investment, with an annual total fee of 0.63% based on the retirement pension class (C-P2). There are A class, C class, online class, pension savings class, and default option class.
Afterward, DB Asset Management plans to expand the Golden Senior brand further by enhancing its lineup, including a monthly payment product based on overseas bond types and a monthly dividend exchange-traded fund (ETF) in the first half of 2025.