I saw where I invested in the’Moon Jae-in Fund’ with a 90% return…

The minor manager fund is getting a lot of attention as the fact that the yield of the minor manager (materials, parts, equipment) fund that President Moon Jae-in joined in August 2019 has exceeded 90%.

In addition to its high rate of return, it is also attracting attention for its consistent and stable performance. However, contrary to the original purpose of fostering small managers, it is also a reality that large IT stocks such as Samsung Electronics and SK Hynix are highly invested.

According to the stock price on the 14th, after the establishment of the Pilseung Korea Fund (stock type, Class A standard), the cumulative return has recorded 97.08%. The investment capital nearly doubled.

Since President Moon signed up for this product within 15 days of its launch, it achieved a return on the same level as the cumulative return. President Moon, who invested 50 million won, is also known to have earned about 45 million won.

The fund is a product that invests in materials, parts, and equipment industries that are expected to benefit from localization and companies that can grow together through localization. In particular, it is characterized by donating half of the operating fees to social contribution activities.

The 97.08% of the fund’s one-year and five-month return is quite high, even taking into account the increase in the KOSPI and KOSDAQ indices over the same period. Since August 2019, when the Pilseung Korea Fund was set up, the KOSPI rose 56.2% and the KOSDAQ rose 56.1%. It has more than doubled the market rate of return.

The 1-year yield of Pilseung Korea Fund ranks 22nd among equity-type funds. It is currently in the top 2% of more than 1200 equity funds.

The rate of return didn’t mean that the roller coaster has been shiny recently. Looking at the return by period, the recent one-year yield was 64.26%, 6 months was 43.99%, 3 months was 28.82%, and 1 month was 16.97%.

Much of the fund’s return came from large stocks. As of the 11th of last month posted on the website, the top five major holdings are Samsung Electronics (26.09%), SK Hynix (4.16%), Samsung SDI (4.05%), Samsung Electro-Mechanics (2.64%), and Hyundai Motors (2.23%). to be. About 40% of the fund portfolio is filled with large-cap stocks with the market cap. In the asset management report as of November 13, last year, which provides more detailed information on investment items, the proportion of Sang-A Front Tech, CS Wind, Hansol Chemical, Mirae Company, Exicon, Hi-Vision System, and Zeus exceeds 1%. Among them, except for CS Wind, which operates a wind power business, most companies are closely related to the general manager.

[고득관 매경닷컴 기자 [email protected]]
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]