Bearing Asset Management announced on the 19th that it has launched the 'Bearing Shareholder Value Growth Target Conversion Fund No. 2', which invests in domestic corporations that are proactive in returning value to shareholders.
This fund invests in domestic corporations that are actively working to enhance shareholder value through share buybacks, increasing dividends, and improving governance, and it will automatically convert to a bond type once it achieves a target return rate of 8%. It will sell all equity assets and invest only in bond assets, changing its name to 'Bearing Shareholder Value Growth Target Conversion Securities Investment Trust No. 2 [Bonds-Indirect Type]'.
The Bearing Shareholder Value Growth Target Conversion Fund No. 2 plans to maximize returns by focusing on around 40 undervalued stocks with high growth potential and shareholder return capacity. It also employs a strategy of investing in high-dividend and quarterly dividend stocks to mitigate volatility through dividend income and enhance stock recovery resilience during market shocks.
The first fund, launched last year, achieved its target return early despite a decline in the KOSPI index. Choi Sang-hyun, head of equity at Bearing Asset Management, noted, "With the government's firm will to revitalize the capital market, various institutional changes, including amendments to the Commercial Act, are being discussed," adding, "Now is the time for proactive investments in shareholder-friendly corporations with high potential for increasing dividends and corporate value."
The Bearing Shareholder Value Growth Target Conversion Fund No. 2 is a unit-type product that can only be subscribed to during the募集 period. The subscription period ends on the 29th. Investors can participate through Shinhan Bank, NH Nonghyup Bank, Gwangju Bank, Kyobo Securities, DAISHIN SECURITIES, Mirae Asset Securities, Hanwha Securities, Korea Investment & Securities, Kiwoom Securities, iM Securities, and KB Securities.