Prudential Investment & Securities introduces new product ‘Pru G7 ETFs Fund’
‘Pru G7 ETFs Fund’ will be managed by Prudential Asset Management Co., Ltd. and has the following characteristics.
First, the product invests in ETFs of advanced G7 nations (U.S., Japan, U.K., France, Germany, Canada, Italy) staging low volatility and stable growth and approximately 17 ETFs will be the underlying assets. Investments in a representative index (ETF) offers the similar effect of investing in approximately 2,500 major companies of the relevant countries and thus clients can enjoy the effect of both country and company diversification.
Second, by investing in this fund, the investor can also enjoy the effect of lower volatility and higher return per unit of risk compared to a different fund investing in a single country.
Lastly, within the fund, currency is hedged and therefore efficient currency risk management is possible.
In addition, approximately 80% of the product’s underlying assets will be G7 ETFs and approximately 20% will be domestic bonds and liquidity and there is no minimum investment limit and RSP investment is possible.
Chang Hoon Lee, CEO of Prudential Asset Management Co., Ltd. said, “Given that most of the financial assets are being invested in Korea and offshore emerging countries (emerging markets), G7 ETFs Fund will significantly diversify by investing clients’ assets in advanced markets.” With regards to the reasons behind the fund launch, he explained, “As G7 advanced markets are experiencing modest economic growth against low interest rate environment while seeing improvement in profitability of companies, conditions surrounding equity market are favorable.”
웹사이트: http://www.prucyber.com
연락처
Jae-Hwan Lee 822-3770-7373
Kyun-Jang Lee 822-3770-7577
-
2008년 7월 21일 10:52