Collaboration with Global Bond Specialist PIMCO
HDC Asset Management announced on the 4th that it will launch the 'HDC PIMCO US High Yield Monthly Dividend Securities Investment Trust (H) (Bond - Fund of Funds)' in collaboration with the global bond manager PIMCO.
The fund is characterized by its focus on providing investors with stable monthly cash flow and pursuing interest income in the US high yield bond market.
It primarily invests in PIMCO's flagship fund, the 'PIMCO GIS US High Yield Bond Fund.' PIMCO manages approximately $2 trillion (about 2,900 trillion KRW) in assets. Leveraging its extensive experience and management capabilities in the global bond market, PIMCO consistently delivers stable performance across various market environments.
The 'US High Yield Monthly Dividend Fund' provides investors with steady cash flow through a structure that pays monthly distributions. It mainly invests in high yield bonds to pursue interest income. A KRW currency hedge strategy (covering approximately 75-100% of investment assets) is applied to mitigate exchange rate fluctuation risks. Distribution rates and investment strategies may be flexibly adjusted depending on market conditions and fund size.
An HDC Asset Management representative stated, "The fund is designed to provide investors with stable cash flow by paying monthly distributions," adding, "We will continue to introduce innovative products that meet the diverse investment objectives of our clients."
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