South Korea’s publicly offered target conversion funds reached preset return goals in an average of 57 days during the first half of this year, sharply shortening the time investors remained in risk assets. Fund inflows rose from 200 billion won in 2023 to 5.2 trillion won last year, while 3.2 trillion won of products were newly established in the first half. Despite the shorter investment period, 71.8% of subscribers from last year through the first half chose Class A, which charges an upfront sales commission but has lower annual fees and is generally more suitable for holdings of two years or longer. Class C has no upfront commission but higher annual fees and is relatively more suitable for shorter-term investments. The Financial Supervisory Service said target returns should not be treated like guaranteed deposit or savings rates because market declines can cause principal losses and asset conversions take about five days. It will introduce the Fund Core Risk Standard on the 30th to make these risks clearer in investment brochures.