KB Asset Management’s RISE TDF ETFs surpass 400 billion won

KB Asset Management said the combined net assets of its three RISE target-date fund (TDF) exchange-traded funds (ETFs) exceeded 400 billion won ($289.6 million), four years after the first product launched in 2022. The RISE TDF2030, 2040 and 2050 Active Eligible ETFs invest across domestic and international equity, bond and alternative-asset ETFs, using a glide path that adjusts risk-asset exposure between 55% and 78% as retirement approaches. The products charge total annual fees of 0.01%, can be traded in real time during market hours and may account for up to 100% of eligible defined-contribution (DC) and individual retirement pension (IRP) accounts. The RISE TDF2050 Active Eligible ETF returned 11.72% year to date and 22.79% over one year as of the previous trading day, the highest performance among South Korean-listed TDF ETFs of the same vintage. Its net assets rose from 79.4 billion won ($57.5 million) at the start of the year to 329.7 billion won ($238.7 million), including 244.9 billion won ($177.3 million) of inflows this year. Separate FnGuide data as of the 19th showed the RISE TDF2050 Active ETF with one-year and three-year returns of 25.36% and 67.92%, respectively.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.