Hanwha LIFEPLUS TDF Achieves Top Three-Month Returns

Hanwha Asset Management announced on August 29 that the Hanwha LIFEPLUS TDF ranked first in three-month returns among all TDFs.

According to financial information provider Zeroin, as of the 25th, the three-month returns by vintage for LIFEPLUS TDF were ▲2050 (8.13%) ▲2045 (8.06%) ▲2040 (7.39%) ▲2035 (6.76%) ▲2030 (6.06%) ▲2025 (4.85%). It ranked first in every vintage included in the default option (2025, 2030, 2035, 2040, 2045, 2050).

Hanwha Asset Management explained that its performance was based on its "hybrid management strategy," which selects between active and passive management depending on the characteristics of the investment region and asset, and its "differentiated currency hedging strategy," which applies currency hedging differently for each asset. The product was designed so that dollar assets act as safe assets and maximize defensive performance, enabling stable returns even in the recent highly volatile market.

Hanwha Asset Management's TDF has grown by 155% compared to the end of 2022, when the default option (pre-designated management system) was introduced. Its assets under management increased from 145.2 billion won at the end of 2022 to 369.8 billion won as of the 25th.

Despite being a latecomer to the TDF market, Hanwha Asset Management made a leap to second place in the industry by being selected by 20 retirement pension providers and for 37 products during the first and second rounds of default option approvals in 2022. It also drew attention for having every vintage it launched at that time (2025, 2030, 2035, 2040, 2045, 2050) selected without exception.

Nearly three years have passed since the introduction of the default option, and the domestic default option TDF market has grown to 2.5 trillion won. This accounts for about 19% of the total TDF market, which stands at 13.6 trillion won.

Choi Youngjin, Chief Marketing Officer (CMO) of Hanwha Asset Management, stated, "Our judgment that default option TDFs would become central to the retirement pension market has proven correct," and added, "Hanwha LIFEPLUS TDF has continued to deliver strong performance across all vintages included since the final approval of the default option three years ago."