Yuanta Securities Korea Co., Ltd. to exclusively sell public fund featuring traditional long-short private funds

[Financial News] Yuanta Securities Korea Co., Ltd. will exclusively sell a public fund that uses the long-short strategies of major domestic private fund managers. The fund focuses on the traditional long-short strategy, which combines stock purchases with short-selling positions depending on market conditions, seeking profit opportunities while managing volatility. Yuanta Securities Korea Co., Ltd. said it would offer the iM Asset Hero Long-Short Focus Securities Investment Trust (Fund of Private Funds) exclusively through online and offline channels for three months starting on the 16th.
The product is a public fund of private funds managed by iM Asset Management. It invests in flagship long-short funds run by domestic private fund managers such as Insight, Midas Asset, The J, Ssiat, and Forest Asset Management. A key feature is that it selects investments by evaluating each manager’s past performance as well as its due diligence and risk management systems.
In contrast to conventional diversified investment approaches that allocate only part of a portfolio to long-short funds, this fund is designed to focus on private funds that use traditional long-short strategies, excluding Long Only and Long Biased strategies. Yuanta Securities Korea Co., Ltd. said this structure was being attempted for the first time in the domestic fund market.
A public fund of private funds provides indirect investment in multiple private funds through a publicly offered fund. It can make private funds’ active investment strategies available to investors while allowing subscriptions without a minimum investment requirement, potentially improving access for individual investors. However, actual returns may vary depending on the performance of the underlying funds and market conditions.
Hong Dong-hun, head of the Product Strategy Division at Yuanta Securities Korea Co., Ltd., said, “It is differentiated by being the first traditional long-short public fund of private funds in the domestic fund market.” He added, “Because the long-short strategy seeks absolute returns through positions in both directions while managing volatility, it will offer a new investment alternative in a market that has become more volatile recently.”
There is no minimum subscription amount, and investors can subscribe through Yuanta Securities Korea Co., Ltd.’s branches nationwide, its website, or its mobile trading system (MTS), tRadar M. There is no redemption fee, but the fund is classified as Risk Level 1, “Very High Risk.” Before subscribing, investors should consult the prospectus to check the main investment targets, fees, and how the applicable reference prices for purchases and redemptions are determined.

[email protected] Kang Jung-mo Reporter