Daishin Asset Management said on the 13th it will launch the "Daishin Leading Corporations and High-Dividend Target-Conversion Securities Investment Trust No. 2" fund, which invests in Korea's leading corporations, high-dividend stocks, and Treasury bonds.
The fund will take subscriptions from the 13th to the 17th and is scheduled to be established on the 20th.
The "Daishin Leading Corporations and High-Dividend Target-Conversion No. 1" fund, established in Jan., achieved its target return of 6% early, one month after inception.
This No. 2 fund is designed to invest about 30% in Korea's leading corporations and high-dividend stocks and about 70% in 3-year, 5-year, and 10-year Treasury bonds.
The leading corporations investment section is composed around Korea's core corporations that align with global megatrends. For high-dividend stocks, it selects corporations expected to strengthen shareholder-return policies, aiming for annual dividend yields of 4% or higher.
In the bonds section, it invests flexibly in short- and long-term Treasury bonds. Depending on market conditions, it adjusts bond allocations and maturities and uses a partitioning trading strategy to diversify price risk from interest rate fluctuations.
If the fund's NAV reaches 1,060 won, it is deemed to have achieved its target revenue, after which it will shift the portfolio toward domestic short-term bonds and liquidity asset to continue stable management.
Lee Jae-woo, executive director at Daishin Asset Management, said, "This fund pursues both stability and profitability with a balanced strategy that combines stocks and bonds," adding, "Through a target-conversion structure, we designed it so investors can set a relatively clear investment objective."