Monday, February 13, 2017

KB Asset Management, corresponding weakening dollar rivers and two kinds of funds released



[Korea goyounghun financial newspaper reporter] KB announced the release of two new products in Asset Management (CEO jojaemin) to invest in a larger dollar volatility recently announced 13 days.

'KB won US $ 1.5 leveraged fund is daily structure, the US Dollar futures index as you can get money when the US Dollar Futures Index (F-USDKRW Index) and the exchange rate rising to primarily invest in ETF (weak won) to announce the Korea Exchange the follow-up to 1.5 times the rate of return.

Conversely, 'KB won inverse dollar fund will follow a -1 times the exchange rate (won appreciation) days when the US Dollar Index futures structured to yield a profit. Assets excluding futures margin of about 5% is operated by investing in bonds and liquid assets to enable additional revenue.

Funds are available through a subscription KB Securities, Kyobo Securities, tongyang securities, IBK Investment & Securities, SK Securities, Kwangju Bank and Kyungnam Bank, Korea funds online. Two funds both (the number of Annals 0.875%) A type of lien 1% of the payment amount and AE type (annual report can be 0.705%, online only) to preempt 0.5%, type no lien fee C (Annual Report can be 1.535%) and You can choose the type CE (Annual Report can be 1.035%, online only). Redemption is possible at any time, without redemption fee.

KB Asset Management Retail Division yuseongcheon Managing Director explained, "the president of the United States Trump increasing number of investment opportunities is increased volatility of the exchange rate after the inauguration," he said "if properly utilize this fund to find the best investment opportunities in range-bound rate."



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