Outstanding Performance
As the standard interest rate fell to 2 percent, the deposit interest rate also decreased to the 1 percent level. Due to low interest and low growth, there is a growing demand of investors for “market interest + α.” Therefore, middle risk and middle return products are expected to be popular in the market this year as well.
Even though there is a possibility that the U.S. will raise interest rates, liquidity will still continue in Europe and Japan. So, there is not much burden to raise interest rates. Since bonds of emerging markets other than advanced countries have high interest, they are more attractive to investors than low-interest domestic bonds, experts said.
Mirae Asset Global Investments’ overseas bond funds are standing out in their security and earnings rates.
According to the financial investment industry, Mirae Asset Retirement Plan Global Dynamic Fund ranked top in overseas bond funds that investors are most interested in this year, being increased by 92.8 billion won (US$84.75 million). Mirae Asset’s overseas bond funds ranked second to sixth in capital inflow, increasing by a total of 200.1 billion won (US$182.74 million). The Mirae Asset Global Dynamic Fund is drawing attention due to its security and earnings rate.
Mirae Asset Global Dynamic Fund is currently diversifying its investments in more than 280 global funds in 50 countries by investing in bonds all over the world. After it was created in Oct. 2006, it doubled its earnings rate for 8 years, and has been recording an annual average earnings rate of 12 percent.
It succeeded in making profit even during the global financial crisis and the period of the rise in global interest rates, and has never showed negative returns for even a single year.
The annual average of a standard deviation also remained at as low as 1 to 2 percent. The product showed the lowest volatility among 443 overseas bond funds.
The basis of such great returns and security is the company's global network. Based on global research utilizing its network of 12 countries, including the U.S., Hong Kong, India, and Brazil, Mirae Asset is managing overseas bond funds directly. Through this, the company accounts for 43 percent of the domestic overseas bond market. It may even be fair to say that Mirae Asset is leading the domestic overseas bond market.
Kim Jin-ha, director of the bond management division at Mirae Asset Global Managements, said, “Since customers want products for their retirement, which pursue security and 'market interest + α' due to low interest rates, they are becoming more attracted to overseas bond funds. The Global Dynamic Fund is making every effort to manage customer assets securely with the strategy of proper asset allocation on various bond sectors in the world.”