Samsung Asset Management announced on the 22nd that it will newly list the 'KODEX TDF 2060 Active' exchange-traded fund (ETF), the longest vintage following the currently listed three types of TDF ETFs.
TDF refers to a fund that adjusts the proportion of risky assets such as stocks and safe assets such as bonds according to a life cycle after expressing the retirement target year set by the investor as a vintage.
The ETF listed on that day is designed to allow younger investors to make more aggressive investments, as it is the product with the farthest retirement target year.
Since listing the KODEX TDF ETF in June 2022 with vintages divided into 2030, 2040, and 2050, it has consistently attracted investments. Currently, the total net worth has surpassed 300 billion won.
The KODEX TDF 2060 Active ETF applies the glide path developed jointly by Samsung Asset Management and S&P Global, just like the existing KODEX TDF ETF. The glide path refers to the adjustment of the proportion of investments in stocks and bonds until retirement.
The stock proportion of the glide path starts at 80% and decreases by 1.6 percentage points from 30 years before the retirement target date, maintaining a minimum stock proportion of 20%.
KODEX TDF 2060 Active has structured its asset allocation as an ETF portfolio combining global stocks with an open-end type and domestic bonds.
This product has incorporated a 50% proportion of global stocks and included approximately 30% of the U.S. S&P 500, which has proven long-term growth, creating a more aggressive portfolio compared to the existing vintage.
Ma Seung-hyun, a manager at Samsung Asset Management, noted, "As a follow-up vintage in the KODEX TDF Active ETF series that can be utilized 100% in retirement pensions, with the release of a more aggressive TDF ETF, it will become a new solution optimized for pension investment for the younger generation who have a significant amount of time before retirement."