Prudential Investment & Securities Co. introduces new product “Prudential Quant Equity Active Fund”
Depending on the characteristics of the securities, “Prudential Quant Equity Active Fund,” managed by Prudential Asset Management Co. (PAMC), adopts a mixture of both value investment strategy that identifies undervalued companies and momentum investment strategy that looks for companies with potential stock price appreciation driven by earnings momentum. This quantitative model fund with a new approach seeks to outperform the market by investing in companies with strong expected return. The fund attributes are as follows.
First, unlike existing system funds that seek to outperform the market by using technical indicators (stock price or trading amount), system approach of “Prudential Quant Equity Active Fund” is focused on fundamentals, utilizing the system for creating the portfolio rather than for capturing trading signals.
Second, stock holdings are categorized based on the pace of growth and the portfolio is created by focusing on corporate value as for low growth stocks and news as for high growth stocks. Growth score is generated for each security and investment attractiveness is calculated comprehensively using the score to create the investment portfolio.
Third, quant investment is not affected by human preconception because the investment method is systematic and consistent. As a result, a multiple number of securities can be observed simultaneously based on a consistent principle and the portfolio is not influenced by temporary and irrational external movements as the investment is focused on rational, pre-defined factors.
“Prudential Quant Equity Active Fund” invests about 95 percent of the assets in equity and Regular Savings Plan is possible with no minimum investment amount.
“One strength of Prudential Quant Equity Active Fund is that its correlation with existing equity funds is low. The fund will provide a good opportunity for domestic equity investors to further diversify their portfolios,” said Lee Chang-hoon, CEO of PAMC.
Company Descriptions:
Prudential Investment & Securities Co., Ltd. (PISC) currently has a nationwide network of over 70 branches and provides various financial services and investment advice to help customers achieve their financial goals. Prudential Asset Management Co.,Ltd., (PAMC) an affiliate of PISC, is one of the biggest asset managers in Korea with approximately 9.5 trillion won of assets under management (including Discretionary Investment Management) as of March 31, 2007.(For more information, please visit www.pru.co.kr, Call center: 1588-4588)
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $630 billion of assets under management as of March 31, 2007, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.(For more information, please 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