Samsung Global Core AI Target Return Fund No. 2 Launched
Higher Growth Potential Than Fund No. 1
70% AI Themed Stocks, 30% Domestic Short-Term Bonds Included
Samsung Asset Management announced on the 16th that it will launch the 'Samsung Global Core AI Target Return Fund No. 2,' which invests in core artificial intelligence (AI) companies.
The second fund is a follow-up product introduced on the back of the success of the Samsung Global Core AI Target Return Fund No. 1, which was launched in March and attracted 65 billion KRW in just 10 business days at the time of its launch. Fund No. 1 achieved its pre-tax cumulative target return of 7% (based on Class A) just 45 days after its inception. During the same period, it ranked first in returns among 253 overseas bond-mixed funds.
This product enhances investment stability by focusing on major industries within the AI ecosystem while maintaining a stable allocation to bonds. The Samsung Global Core AI Target Return Fund No. 2 consists of AI-related stocks and bonds, with an investment ratio of approximately 70% stocks and 30% bonds. While maintaining the same investment targets as Fund No. 1, the stock allocation has been increased from 40% to 70%, allowing for a more aggressive pursuit of returns.
The equity portion will focus on high-growth global core AI companies in sectors such as semiconductors and infrastructure, software, and robotics to enhance performance. Key holdings will include leading AI companies with technological competitiveness, such as Nvidia, Marvell Technology, Palantir, and Tesla. The bond portion will invest in high-quality domestic short-term bonds to ensure portfolio stability.
The target return has also been raised. The target return for Fund No. 2 is 9%, which is 2 percentage points higher than the 7% target of Fund No. 1. Once the target return is achieved, the investment will be shifted to stable bond-type assets. Regardless of whether the target conversion is reached, investors will not be charged a separate redemption fee for early withdrawals, which is another advantage.
Lee Seunghyun, a manager at Samsung Asset Management, said, "Although market volatility has recently increased, we expect companies to prioritize investment in AI to strengthen their competitiveness." He added, "Fund No. 2 is also a product that focuses on core AI companies and shifts to bond-type assets upon achieving the target return. It will be an appropriate choice for investors seeking both profitability and stability even in an unstable market environment."
The Samsung Global Core AI Target Return Fund No. 2 will be available for subscription from the 19th to the 28th through KB Kookmin Bank, Hana Bank, Samsung Securities, Mirae Asset Securities, NH Investment & Securities, and others. The fund's inception date is the 30th.
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