[Korea goyounghun financial newspaper reporter] financial year retirement rate of return was not less than the inflation rate. As this is increasing anxiety about retirement assets it has driven renewed interest in target date funds (TDF).
6 days last year had an average yield of financial investments according to established industry, which accounts for the large percentage of the financial benefit pension (DB) is only 1.81%. Insurance was the highest at 2.0%, was the order of 1.98%, including life insurance, securities, 1.82%, 1.44% Bank.
Yield of 1.71% was also contributed a share of 26% of the total gaipaek determinate (DC). Insurance is the most good and to 2.38%, was the order of 2.07%, including life insurance, banking 1.73%, 0.77% Securities. Except for the management fee of around 0.5% annual rate of return is only 1% of the early and mid.
Things looked yireotda management industry is interested in the return on assets retired overcome, will launch the Samsung Asset Management in April last year, second TDF in this industry. The first place is not released a lot of the marketing year have already launched Mirae Asset Mirae Asset baebunhyeong TDF 2011 to scale is not big.
TDF is a popular item sold already 1000 trillion won in the United States. Guess the retirement of an asset allocation fund investors it means applying a program to adjust the portfolio (Glide Path), depending on the life cycle. Samsung has introduced a product management after the Korean simulation optimization TDF Capital Group in the United States and the life cycle of the Koreans. From 2020 to 2045 as a fund of funds invests in 11 funds, which form every five years to hold a total of six funds operated by Capital Group for retirement unit. To construct a portfolio with a combination of sub-funds investing in emerging and high yield bonds, debentures etc. of global bonds. 2045 Fund was the case of the equity weighting to 79% by 2020 yen fund to differentiate equity weighting to 29%.
This month 21 days based on popularity Fund is currently 70 billion won while Molly is the only setting 10 months. Based on the same day cruising down your rate of return is 7.24%.
In addition, the United States got into the default option of applying the annuity instead of a government-approved investment is difficult to determine their own asset allocation for TDF offers a broad choices. Financial authorities are aiming to introduce next year's scheme the default option.
In a recent seminar organized by the Korea Capital Market Institute it has a bar diagnosed trend to deregulate and anger over the recent pension default option combined with TDF spread. Songhongseon Capital Markets Research Fellow, the "default option is introduced, the retirement pensions and personal pensions so as to be the starting point for implementing a market-friendly pension asset retirement Tuesday through formation and innovation is necessary," he said.
Such Samsung Investment Trust Management in South Korea recently TDF system is operating, take care of TDF Korea Investment Fund released and issued a challenge. Last October, the United States signed an MOU tee-Price Inc. and found the speed of the product prepared by the pension department established in 2015.
Korea is operating 89% of total domestic pension market is expected principal and interest guaranteed products looked for defined contribution (DC) type is a good position. By applying domestic blue chip stocks and holding more than 30% of the rest are ways to advance the return to global diversification. It is also planning to raise equity weighting together to overcome the income replacement rate.
Opened last month, Korea Investment funds take care of TDF launches Seminar Series' Jerome Clark tee Price from operations manager, explained that "it is expected that future life expectancy is 90 years old gantry design is important."
KB Asset Management is also planning to tighten the management company Vanguard and related MOU 1 above, two months TDF US market. Since June will launch a menstrual products. The other said he would focus on differentiated products. Vanguard founder John Bogle's index is the fund created by the global financial manager. TDF share of the top two companies in the Vanguard and Fidelity shows the average annual return of 8% over the last five years ryueul.
KB Asset Management side "may be a little slower, but as early as June if more elaborately decorate the lineup," he said.
Mirae Asset Management officials also said that "the market will grow TDF maintenance of previously launched products as is".
Industry insiders are emerging opinion seafood should not blind faith as unconditional because it guarantees the principal investment products should not.
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