IBK Asset Management's 'IBK Low-Cost TDF Fund' Surpasses 100 Billion KRW in Net Assets

IBK Asset Management announced that the IBK Low-Cost TDF Fund series, which is advantageous for long-term asset allocation strategies with low fees, has surpassed 100 billion KRW in net assets.

The IBK Low-Cost TDF Fund invests in a diversified range of assets worldwide. It aims to pursue steady returns while managing the fund stably through stable fund management and sector segmentation within asset classes.

The basic management strategy is to seek long-term stable returns through an asset allocation strategy involving ETFs investing in global stocks, bonds, and alternative assets. The fund adjusts the proportions of stock ETFs and bond ETFs according to the retirement timeline, with the core strategy being to gradually reduce the proportion of stock ETFs as the retirement date approaches.

The fund is managed using advisory services from Principal Asset Management, a global pension and TDF specialist based in the United States, while the final decisions on investment targets and allocation ratios are made by IBK Asset Management. Founded in 1879 in the U.S., Principal is a global asset manager with assets under management totaling 673 trillion KRW. It is a global asset management company affiliated with the U.S.-based Principal Financial Group, specialized in pensions and TDFs.

Jang Min-young, CEO of IBK Asset Management, said, "The differentiating factor of IBK Low-Cost TDF is the adoption of low fees and low costs to enhance investors' long-term returns," adding, "By utilizing low-cost ETFs, it is possible to reduce long-term investment costs and build an efficient portfolio."

He continued, "With advisory from U.S. Principal, fair selection of investment target assets, and lowering fund fees that directly affect investors' long-term performance, the fund is designed to be advantageous for improving investors' returns."

The IBK Low-Cost TDF Fund series is available for subscription through IBK Industrial Bank, Mirae Asset Securities, Samsung Securities, Samsung Life Insurance, Shinhan Investment Corp., Woori Investment & Securities, Jeonbuk Bank, KB Securities, and others.