Mirae Asset Life Variable Insurance MVP Fund, Thriving According to Its Name

Surpassing 1.6 Trillion Won Six Years After Launch

[Image source=Yonhap News]

[Asia Economy Reporter Ki Ha-young] Mirae Asset Life's variable insurance MVP fund is steadily gaining popularity in the market. As the nation's first discretionary variable insurance fund, it has been praised for lowering volatility with a medium-risk, medium-return strategy and effectively preparing for sudden drops in returns.

According to Mirae Asset Life on the 27th, the MVP fund, launched in April 2014, is the industry's first discretionary global asset allocation fund where the insurance company's asset management experts directly manage all asset operations from strategy formulation to execution on behalf of customers.

The MVP fund's asset management experts thoroughly review the global financial markets every quarter and conduct quarterly asset rebalancing to respond proactively. Based on this, it surpassed 1.6 trillion KRW in net assets in less than six years since its launch.

The MVP is the nation's first discretionary asset allocation fund. Variable insurance requires active management across stock-type, bond-type, mixed-type, or various investment destinations to respond to environmental changes and increase returns. When a stock price decline is expected, it is necessary to flexibly allocate assets by switching to funds with a lower stock investment ratio or bond-type funds, and when an increase is expected, switching to funds with a higher stock investment ratio.

The MVP fund leads stable asset management from a mid- to long-term perspective through a long-term asset allocation strategy and quarterly fund selection proportions that align with global market trends.

It protects customers' assets even in unstable economic conditions with a medium-risk, medium-return strategy that lowers volatility and minimizes the possibility of sudden drops in returns. The lower the volatility figure, which indicates the fluctuation trend of returns, the better it can minimize asset losses even in a declining market.