Launch of 'Didim Fund,' a Pension-Specialized Asset Allocation Fund

On the 25th, 25 asset management companies, including Mirae Asset Global Investments and Samsung Asset Management, simultaneously launched the Didim Fund, which they have been preparing together with the Korea Financial Investment Association since last year.

The Didim Fund is an industry joint brand of the BF (Balanced Fund) type among asset allocation funds, which are an effective method for long-term pension investment. The 25 participating asset management companies each launch only one representative fund that concentrates their asset allocation capabilities.

The Didim Fund can be subscribed to through 14 securities retirement pension operators. Seo Yoo-seok, chairman of the Korea Financial Investment Association, will subscribe to all Didim Funds with the same amount to support the activation of the Didim Fund.

Chairman Seo Yoo-seok said, "I appreciate the decision of some distributors who have lined up the entire product lineup considering the purpose of the Didim Fund," and added, "I hope such efforts will continue to spread." He continued, "Through the launch of the Didim Fund, I hope the asset allocation capabilities of the asset management industry will advance to the next level and that the stable performance of the Didim Fund will practically contribute to the growth of retirement assets for all citizens."

The Korea Financial Investment Association plans to continuously promote the addition of Didim Fund lineups, creation of shortcut paths in pension apps, and expansion of sales channels so that ordinary workers can easily access, compare, and choose Didim Funds even after the product launch.