Korea Value 10-Year Investment Fund (Equity)
- Investment Objective
- The fund seeks long–term capital appreciation by investing at least 70% of its assets in undervalued Korean equities and companies having potential for growth.
- Strategy
-
- Value investing style using bottom–up, fundamental and research–based approach.
- Seek opportunities in low P/E, low P/B, high dividend and new value stocks.
- Invest in the fundamental value of a company, not in the market trends or timing.
- Putting risk management in top priority pursing "low–risk, middle–return" policy.
- Maintain buy–and–hold strategy until the intrinsic value is reflected in the price.
Historical Performance
| Cumulative Total Returns(%) | |||||||
|---|---|---|---|---|---|---|---|
| 1M | 3M | 6M | 1Y | 3Y | 5Y | Since Inception | |
| Fund | -0.51 | 2.89 | 8.22 | 6.18 | 1.77 | -3.29 | 164.98 |
| BM | -2.67 | 2.95 | 13.46 | 18.67 | 28.33 | 15.29 | 68.66 |
| Active Return | 2.16 | -0.06 | -5.24 | -12.49 | -26.56 | -18.58 | 96.32 |
as of August 17, 2017
| Calendar Year Returns(%) | |||||||
|---|---|---|---|---|---|---|---|
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Fund | 15.73 | 1.33 | 20.80 | 19.40 | 0.97 | 0.28 | -4.80 |
| BM | 20.26 | -10.45 | 10.22 | 0.46 | -6.62 | -1.11 | 7.56 |
| Active Return | -4.53 | 11.78 | 10.58 | 18.94 | 7.59 | 1.39 | -12.36 |
Rate of Return
as of August 17, 2017
Portfolio
| Sector Breakdown | % of Total Assets |
|---|---|
| SERVICE | 18.47 |
| INSURANCE | 9.94 |
| CHEMICAL | 9.34 |
| BANKING BUSINESS | 8.85 |
| DISTRIBUTION | 8.65 |
| Top Equity Holdings | % of Total Assets |
|---|---|
| NICE | 6.92 |
| Meritz Financial | 6.45 |
| Korean Re | 6.12 |
| Meritz Insurance | 6.03 |
| NS Shopping | 5.97 |
as of June 17, 2017
Disclaimer
The figures and data provided in this document are for information purposes only and may be subject to change without notice.
The information contained in this material does not constitute investment advice or an offer to buy or a solicitation to sell any shares or units of any of the funds referred to.
The performance of each class of the fund may vary owing to differences in fees, commissions, etc.
Above past performance does not guarantee future results.
The information contained in this document may not be used or duplicated by anyone without the permission of KIVAM.
Inception Date
04-18-2006
Domicile
Korea
Base Currency
KRW
Price
960.63
Net Assets(all share classes, KRW)
842,300,834,505
Benchmark
[KOSPI200] *0.9 + [CD rate]* 0.1
Management Fee
0.76% p.a.
Class Type
C
Redemption Fee
<1yr : 70% of profit
1 - 2 yrs : 50% of profit
2 - 3 yrs : 30% of profit
as of August 17, 2017
