Prudential Asset Management Co. Offers New Product “Prudential Japan Equity & Real Estate Investment Trusts Fund of Funds”
To be managed by PAMC, the Fund possesses the following characteristics.
First, it offers an investment opportunity into the high capital gains offered by the Japanese equity and real estate markets, which are believed to have entered into a stable growth stage.
Second, it seeks to reduce volatility and maximize long term returns by diversifying investments into Japanese REITs, which have low correlation with Japanese equity market.
Finally, utilizing PAMC’s accumulated investment capabilities in Asia and Prudential’s global network, it is possible to systematically select funds and strategically conduct asset allocation.
Underlying assets of this product will be: 45 percent in active funds investing in Japanese equity market; 15 percent in funds of various styles; 30 percent in Japan REITs; and 10 percent in Korean liquidities. Currency hedging will be done within the fund.
Lee Chang-hoon, CEO of PAMC, said, “This product was developed in order to offer an attractive investment opportunity on the equity and real estate markets of Japan, which is on a recovery track towards the world’s No.2 economy. We will continue to make best efforts to provide sophisticated products taking advantage of Prudential’s global network.”
Company Descriptions:
Prudential Asset Management Company, one of the largest asset managers in Korea, is managing approximately KRW10tr won as of Sept. 30, 2006 (approx. USD10bn, inclusive of discretionary investment accounts). Please refer to www.prudentialfund.com for more details.
Prudential Financial companies, with approximately $586 billion(W554 trillion) in total assets under management as of September 30, 2006, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services. For more information, visit www.prudential.com.
웹사이트: http://www.prucyber.com
연락처
Jae-Hwan Lee 822-3770-7373
Kyun-Jang Lee 822-3770-7577
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2008년 7월 21일 10:52
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2008년 5월 20일 10:00