The Korea Financial Investment Association noted that after the launch of the Ddim Fund on the 19th, $100.4 million in funds were received by the 17th.
According to the Korea Financial Investment Association, the average daily inflow of the Ddim Fund (based on business days) increased by 60%, from $11.4 million last month to $18.2 million this month, showing a steep growth trend.
In terms of revenue, it is explained by the Korea Financial Investment Association that solid performance continues from last year. As of the end of January this year, the average revenue of all Ddim Funds since launch recorded 4.55%, while the top 10 Ddim Funds recorded an average revenue of 7.82%. A Korea Financial Investment Association official said, "When compared with major domestic and international indicators, it is evaluated as proving the asset allocation effect of balanced funds (BF)."
Lee Hwan-tae, Deputy Minister of the Korea Financial Investment Association’s Industrial Market Division, said, "The Ddim Fund is a BF-type pension-specialized fund aiming for ultra-long-term management, and it is very important to accumulate management results step by step to enjoy the compounding effect," and added, "Together with life-cycle type Target Date Funds (TDF), we will continue to strive with the industry to serve as a basic investment option for pension subscribers."