Only Investing in Samsung Electronics.. Shinhan's 'Samjeon Alpha Fund' Surpasses 500 Billion Won

[Asia Economy Reporter Hwang Junho] Shinhan Asset Management announced on the 19th that the Samsung Electronics Alpha Mixed Fund's assets under management have surpassed 500 billion KRW.

This fund is recommended for investors who find direct investment burdensome or seek returns exceeding bank deposit interest rates. The Samsung Electronics Alpha Fund invests solely in Samsung Electronics. The investment ratio is flexibly adjusted within the market capitalization weight based on thorough stock analysis and market outlook. The remainder is invested in domestic bonds and liquidity.

Jung Seonghan, head of the Alpha Management Center at Shinhan Asset Management, who manages this fund, stated, "Even when Samsung Electronics' stock price remained in a box range or recorded negative returns, this fund has delivered superior returns." He added, "This is the result of actively adjusting weights by comprehensively analyzing the market, sector, stock, and macro environment."