Kiwoom Asset Management announced on the 4th that the net worth of its representative pension product, the 'Kiwoom Keyword Dream TDF' fund, has surpassed 600 billion won.
TDF is a fund that establishes a target date (retirement date) and adjusts asset allocation strategies according to the life cycle of the fund to secure stable revenue.
The Kiwoom Keyword Dream TDF fund had previously surpassed a net worth of 500 billion won in October of last year. Notably, this product is included in the default option portfolio of over 12 retirement pension providers (the basic investment product group for subscribers).
This product distinguishes itself by selectively including globally renowned exchange-traded funds (ETFs) such as BlackRock iShares, Vanguard, and Invesco in its portfolio, enhancing cost efficiency and revenue.
Kim Hye-na, Head of Team at Kiwoom Asset Management, said, 'The Kiwoom Keyword Dream TDF has a design that automatically adjusts the portfolio according to the investor's retirement timing, making it an optimized solution for long-term investment.'