Korea Investment & Securities Co. said on the 30th that the profit-and-loss tranche public fund "Korea Value K-Power 2 Fund" completed its launch after raising 111.4 billion won.
This fund is a profit-and-loss tranche fund that diversifies investment into sub-private funds across seven themes reflecting the latest trends in Korea's stock market (Korea Value Advanced Medical, Korea Value Future Tech, Korea Value Global Value Chain, Korea Value Power & Grid, Korea Value Consumer, Korea Value Cleantech, Korea Value Content Power).
Customers invest in the senior tranche and Korea Investment Value Asset Management in the junior tranche, so even if the fund incurs losses, the company absorbs losses first up to -15% per individual sub-private fund.
Yang Won-taek, head of investment products at Korea Investment & Securities Co., said, "Profit-and-loss tranche funds meet client needs for both stability and returns," adding, "We will continue to expand the lineup to provide differentiated investment opportunities and focus our capabilities on generating stable revenue."