Hantoo Asset Management Ranks First in H1 Overseas Equity and Domestic Bond Public Fund Returns

Korea Investment Trust Management announced on the 5th that its public offering funds achieved the highest returns in overseas equity and domestic bond categories in the first half of this year.

According to FnGuide on the 5th, Korea Investment Trust Management ranked first in returns for overseas equity and domestic bond funds in the first half. Based on funds with assets under management of over 10 billion KRW, the top-performing products in the first half were Korea Investment Global AI & Semiconductor TOP10 UH(S-R) (overseas equity, 41.39%) and Korea Investment Credit Focus ESG(C-W) (domestic bond, 3.16%).

In particular, considering that the average return of 444 domestic overseas equity funds during the same period was 12.26%, the performance of Korea Investment Global AI & Semiconductor TOP10 UH(S-R) stands out even more. This fund also recorded a one-year return of 59.70%, overwhelmingly surpassing the average return of the same category funds (15.40%) during the same period. Korea Investment Credit Focus ESG(C-W) also ranked among the top returns in the same category with one-year and three-year returns of 7.39% and 11.61%, respectively. The excellent return performance also led to capital inflows. The funds flowing into the two fund series were recorded at 59.6 billion KRW and 274.5 billion KRW, respectively, as of the first half.

Korea Investment Trust Management is continuously introducing new types of products as well. This is an effort to revitalize the sluggish public offering fund market. Representative products include Korea Investment US Long-Term Treasury Fund, the first domestic US long-term bond fund; Korea Investment TDF AlSero Gold 2080 Fund, the longest domestic target-date fund (TDF); Korea Investment Samsung Group Growth Theme Fund, a profit and loss differential fund that defends losses up to a certain level; Korea Investment Global AI Big Tech Fund; and the Korea Investment ACE+ Series, which uses proprietary artificial intelligence (AI) and fund managers to select and aggregate exchange-traded funds (ETFs) on behalf of investors.

Investor interest in new products is also high. Korea Investment US Long-Term Treasury Fund recently surpassed 100 billion KRW in assets under management. It is encouraging that over 95% of the assets under management consist of individual investor funds despite the sluggish public offering fund market. The two profit and loss differential funds have also attracted attention in the public offering fund market by raising 80 billion KRW and 57.7 billion KRW, respectively.

Lee Sang-won, Head of Product Strategy at Korea Investment Trust Management, said, “The first half performance of Korea Investment Trust Management’s public offering funds is thanks to developing and managing differentiated products with ‘customer value orientation’ as the top priority.” He added, “We will continue to provide competitive public offering funds to be chosen by customers.”