It was revealed that the “small manager (materials, parts, equipment) fund,” which President Moon Jae-in invested in Japanese export regulations in August 2019, made a 90% return in one year and five months. President Moon decided to reinvest the proceeds obtained from investing 50 million won into the Korean version of the New Deal Fund.
According to the financial investment industry on the 13th, 50 million won invested in the’Pilseung Korea Fund’ in August 2019 in order to overcome the problem of Japanese export regulations made a profit of nearly 90%.
The Philseung Korea Fund, launched by NH-Amundi Asset Management, is a product launched to invest in domestic small-cap companies or domestic companies with global competitiveness and growth potential.
Blue House spokesman Kang Min-seok said in a briefing that day, “President Moon redeems the proceeds from the principal invested in the Pilseung Korea Fund, and then adds new investments to it to join five Korean New Deal Funds.”
President Moon invests 10 million won each in five Korean New Deal Funds, taking into account the digital sector, green sector, and small and medium-sized companies.
President Moon is planning to join the Korean version of the New Deal Fund on the 15th, when the repurchase amount of the’Pilseung Korea Fund’ is deposited. The funds that President Moon decided to join include Samsung Active’s’Samsung New Deal Korea Fund’, KB’s’KB Korea New Deal Fund’, Shinhan BNPP’s’Beautiful SRI Green New Deal 1′, Mirae Asset’s’TIGER BBIG K-New Deal ETF’, This is NH Amundi’s’HANARO Fn K-New Deal Digital Plus ETF’.
Spokesman Kang explained, “In his New Year’s speech, President Moon said that the Korean version of the New Deal will change the quality of life for the people. This decision is a message that the outcome of overcoming export restrictions through cooperation with large and small and medium-sized companies will be invested in the future of Korea again.” did.
A key member of the Blue House also said, “President Moon said,’With the Korean version of the New Deal, new growth engines and high-quality jobs will be created.’
Reporter Hwang Hyun-do
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