President Wen, who recorded 90% of the first fund return… Where is the new investment?

Input 2021.01.15 14:36 ​​| Revision 2021.01.15 14:36

The’Korean New Deal Fund’, which President Moon Jae-in invests 50 million won, is attracting investors’ attention. This is because the expectation that the second fund will be able to achieve similar results has increased as the first fund in his life that President Moon visited and joined the bank in 2019 left the political message and the actual return was good.

Recently, President Moon invested a total of 50 million won, 10 million won each, in five New Deal funds by adding the proceeds from the first fund investment and the amount of new investment. ▲ Samsung New Deal Korea (Samsung Active) ▲ KB Korea New Deal (KB) ▲ Beautiful SRI Green New Deal 1 (Shinhan BNPP) ▲ TIGER BBIG K-New Deal ETF (Mirae Asset) ▲ HANARO Fn K-New Deal Digital Plus ETF (NH Amundy), etc. to be.

Earlier, on August 26, 2019, President Moon invested a total of 50 million won in the’Pilseung Korea Fund’, a stock-type fund that invests in domestic companies in the fields of materials, parts and equipment (small manager) in order to overcome Japanese export regulations. The fund had a return of over 90% in about one year and five months. During the same period, the KOSPI and KOSDAQ indexes increased by about 56%.

The newly subscribed funds were selected in consideration of the digital new deal, the green new deal, and whether to invest in small and medium-sized companies. The intention is to invest evenly in companies such as semiconductors, batteries, new and renewable energy, and the Internet, regardless of large and small-cap stocks. In the case of the last Pilseung Korea Fund Samsung Electronics (005930), SK hynix (000660), Samsung SDI (006400)Etc. Large-cap stocks accounted for 40%, which is nearly half of the investment target companies.

In the financial investment industry, President Moon has a good outlook on the future performance of the fund investing this time. This is because the government’s strong will to grow the Korean version of the New Deal business, and investors’ preference for large stocks that have recently raised the domestic stock market will not be easily broken.

According to the Korean version of the New Deal Comprehensive Plan announced last year, the government will invest 160 trillion won into the Korean version of the New Deal by 2025. The government’s budget is 11,110 trillion won, and private companies invest the remaining 50 trillion won. Until 2022, when the current government is in office, 66.7 trillion won will be invested in this project.

Seokwon Choi SK Securities (001510)The head of the Research Center said, “As a large amount of funds flows in, government-led demand will continue to be created, so there is nothing bad for companies. If it becomes, there may be companies that cannot survive.”

An asset management industry official said, “As the US led the real economy recovery and stock market rise through the New Deal, we are expecting similar effects through the New Deal in our stock market.” “After the novel coronavirus infection (Corona 19), the market paradigm “BBIG’ (battery, bio, Internet, game) related corporate investment is a good choice,” he analyzed.

Although these funds contain some small and medium-cap stocks, it also attracted attention that the proportion of large-cap stocks is still high. After the coronavirus, in domestic and overseas stock markets, a phenomenon called’K-shaped recovery’ is showing the rich and poor. This means that the phenomenon that a small number of stocks, such as large stocks, are leading the stock market can also be applied to fund returns.

In fact, the Korean version of the New Deal Funds are Samsung Electronics, SK Hynix, Samsung SDI, LG Chem (051910), Hyundai Motor (005380), Celltrion (068270)Including Kakao (035720), NAVER(035420)Etc. Most of the stocks with the highest market capitalization are included. Excluding the Samsung New Deal Korea Fund, which accounts for more than half of small and mid-cap stocks, the remainder of the large-cap stocks is higher.

However, it was pointed out that it is difficult to become an attractive investment like the Hope Korea Fund because the overall stock price has already risen a lot. Yoon Ji-ho, head of the Research Center for EBEST Investment & Securities, said, “Now, the stock price has risen significantly compared to the factors that evaluate the value of any stock,” he said. “I think the expectations for the Korean version of the new deal have already been reflected.”

According to F&Guide, a financial information provider, KB Korea New Deal Fund (about 18%) was the fund with the highest return in the past month. Beautiful SRI Green New Deal 1 (16.8%), TIGER BBIG K-New Deal ETF (14.74%), Samsung New Deal Korea (14.46%), and HANARO Fn K-New Deal Digital Plus ETF (14.42%) followed.