KCGI Asset Management Pension Fund Surpasses 1 Trillion KRW in Net Assets Celebration Event

KCGI Asset Management announced on the 12th that it will hold an event to celebrate reaching 1 trillion KRW in net assets of pension funds, where customers who set up installment savings funds in pension accounts will be entered into a draw to receive prizes.

During the event period, customers who newly set up installment savings funds in pension savings accounts will be entered into a draw to receive chicken gifticons. Those who newly set up installment savings funds in general accounts will be entered into a draw to receive Starbucks coffee coupons.

A KCGI Asset Management representative said, "With growing interest in retirement preparation, net assets of pension funds have increased by about 37% annually over the past four years since the end of 2019," adding, "The scale of pension funds has grown as we have strengthened services such as providing retirement preparation information."

As of the 24th of last month, KCGI Asset Management's combined net assets of retirement pensions and individual pensions (pension savings) surpassed 1 trillion KRW. Among the 52 asset management companies operating pension funds, KCGI Asset Management is the 13th to achieve 1 trillion KRW in pension net assets. In particular, individual pensions (pension savings) recorded net assets of 735 billion KRW, ranking around 7th among all asset management companies based on net assets.