Artificial intelligence (AI)-based investment solution corporations Kraft Technologies said the total assets under management of the funds run by its in-house AI model within the "Hana Life ETF investment basics AI variable savings insurance series" have surpassed 400 billion won.
New inflows this year totaled about 200 billion won, nearly doubling from the start of the year. In particular, the "AI global equity mixed 70 type," launched in June 2022, showed clear inflows and topped 270 billion won, achieving more than triple growth from the start of the year, Kraft said.
The fund is composed of 70% equities and 30% bonds, and applies a strategy that dynamically adjusts among Nasdaq 100, S&P 500, and cash within the equity allocation based on Kraft's AI risk signals.
The "AI U.S. equity fund," which Kraft launched last year, posted a cumulative return of 33.13% (as of the end of September) since inception. This performance is a case that shows the differentiated competitiveness of AI management in Korea's variable insurance market.
Kraft Technologies is an AI-focused investment solution corporations that secured a 170 billion won investment from SoftBank, has listed AI-based exchange-traded funds (ETF) on the New York Stock Exchange, and provides asset management models in collaboration with numerous financial institutions at home and abroad.