Shinhan Asset Management said it launched the "Shinhan JP Morgan U.S. Representative Stock Fund" on the 8th, which invests in U.S. value and growth stocks.
The underlying fund of this product is the "JP Morgan America Equity" fund, which achieved a revenue of 270% based on performance over the past 10 years. This exceeds the S&P 500 index's growth rate (221%) by 50 percentage points during the same period.
Shinhan Asset Management noted that while the global tariff war initiated by the U.S. Trump administration has caused short-term market volatility, domestic investors can benefit from the excellent research capabilities and diverse management strategies of global asset management firm JP Morgan through this newly launched fund.
Yoo Saerom, fund solution manager at Shinhan Asset Management, said, "The U.S. will continue to see stable growth in the medium to long term in terms of productivity, technology, and demographics," and added, "This product, which focuses on diversification and selective investment, will be a good alternative."
This fund can be subscribed to at SC First Bank, LS SECURITIES, and others.