Shinhan Asset Management announced on the 21st that it launched a public fund called 'Shinhan Reviving Korea Target Conversion Fund.'
This fund is a bond-mixed product aiming for a 7% target revenue. It seeks to manage volatility and create stable revenue by diversifying investments in undervalued domestic stocks and short-term bonds.
This fund limits the stock investment proportion to less than 50% and constructs a concentrated portfolio centered around undervalued blue-chip stocks.
In the institutional sector of bonds, Shinhan Asset Management explained that it actively includes domestic short-term bonds and undervalued bonds to reduce volatility and pursue alpha revenue.
Early redemption and repurchase are flexible. If the maturity or target revenue is achieved, it transforms into a bond strategy, enabling investors to manage their assets flexibly.
The fund can be subscribed to at Shinhan Bank, Shinhan Investment & Securities, and Busan Bank. Subscriptions will be accepted from the 21st of this month until August 1, and it is expected to be established on August 4 (Monday).