KB Asset Management said on the 19th that the net worth of the "On-Gukmin·Dynamic TDF Series" has surpassed 4 trillion won.
According to KB Asset Management, as of the previous day, the total net worth of the "KB On-Gukmin TDF Series" and the "KB Dynamic TDF Series" is about 4.1 trillion won. About 800 billion won has increased this year.
The company said its share of the domestic TDF market is 13.5%, moving up in rank from third in the industry to second.
A TDF is a life-cycle fund that automatically adjusts the allocation between risk assets and safe assets to match an investor's target retirement date. When retirement is far off, it raises the share of risk assets such as stocks to actively pursue revenue, and as retirement approaches, it gradually increases the share of safe assets such as bonds.
The KB On-Gukmin TDF Series is a product that aims for low fees and stable management based on ultra-diversified asset allocation. In contrast, the "KB Dynamic TDF Series" applies an active strategy that actively adjusts assets according to market conditions to pursue excess revenue.
KB Asset Management is continuously expanding its TDF product lineup. To meet demand for currency-unhedged investments, it newly launched the "KB On-Gukmin TDF 2030·2035·2040·2045 UH," and it also rolled out the "KB On-Gukmin TDF 2070" to reflect long-term investment demand from early-career workers.
The recent five-year return of "KB On-Gukmin TDF 2055" is 116.21%, the highest among 106 products over the same period. The three-month, six-month, and one-year returns are 16.99%, 22.41%, and 43.73%, respectively.
Beom Gwang-jin, head of the Pension WM Division at KB Asset Management, said, "When using tax-saving accounts such as individual retirement pension (IRP) and pension savings accounts, it is possible to maximize the compounding effect alongside tax benefits, making them effective investment tools for long-term asset building."