Shinhan Asset Management, 'Shinhan Big Cycle Asset Allocation Fund'... "Exceeds Average Performance of Balanced Funds"

Shinhan Asset Management announced on the 30th that the 'Shinhan Big Cycle Asset Allocation Fund (Equity Mixed Type)' has demonstrated outstanding management capabilities by achieving a performance of 6.55% since the beginning of the year, exceeding the average performance of Balanced Funds (BF) included in the default option by 2.56 percentage points.

This fund features a balanced investment strategy between U.S. stocks and domestic bonds, making it a suitable asset allocation product for pension asset investment. It aims for long-term capital gains by investing 60% in U.S. stocks, which are expected to continue leading the global economy.

For stable interest income, it invests 40% in domestic bonds. The core management strategy involves adjusting the proportions between assets and rebalancing regularly while considering the financial market environment. This combination of management strategy, low fees, and excellent performance led to its inclusion in the default option portfolio just four months after launch. The 'Shinhan Big Cycle Asset Allocation Fund' has the lowest fees among BF products, with a management fee of 0.08% and a total fee of 0.22%.

Ryu Ji-eun, Head of DT/Marketing Planning at Shinhan Asset Management, stated, "The Shinhan Big Cycle Asset Allocation Fund is an optimized asset allocation product utilizing U.S. stocks, a representative global risk asset, and domestic bonds, a representative safe asset. We plan to develop it into a leading balanced fund for retirement pensions, including the default option portfolio."

The fund is available for subscription through Hana Bank and can be invested in not only the default option portfolio but also general retirement pension accounts.