Korea Investment & Securities announced on the 29th that its 'Korea Investment & Securities Default Option High-Risk BF1' ranked first in annual returns among securities firms in the 2024 Q3 retirement pension default option (pre-designated management method) major status disclosure released by the Ministry of Employment and Labor on the 19th.
The default option is a system in which retirement pension subscribers' funds are automatically managed with pre-selected products if they do not provide management instructions for a certain period. It was introduced to prevent retirement pension funds from being left unattended and to improve pension returns.
According to the Ministry of Employment and Labor, Korea Investment & Securities Default Option High-Risk BF1 recorded a one-year return of 26.56%, achieving the highest return in the securities industry for three consecutive quarters this year. The Default Option High-Risk BF1 is managed by incorporating the 'Korea Investment Mysuper Alaseo Seongjang-hyeong' fund, which was designed by benchmarking the success factors of Australia's default option 'Mysuper.' It diversifies investments across various assets such as ▲U.S. growth stocks ▲domestic bonds ▲U.S. inflation-linked government bonds ▲alternative assets, and periodically adjusts asset ratios according to market changes to compose an optimal portfolio.
Hong Deok-gyu, Head of the Retirement Pension Division, said, "Even in a highly volatile market, we were able to achieve high returns through differentiated asset allocation strategies and customized management capabilities," adding, "We will support customers in reducing the burden of investment choices and securing stable retirement funds through default option products."
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