NH Investment & Securities (005940) launched a public fund that invests across selected private funds, Korea Economic Daily reported Tuesday. The product distributes exposure among multiple underlying managers.
The company described the fund as a way to diversify across private-market strategies through one publicly offered product. NH Investment selected the underlying private funds before the launch. The candidate report did not list their individual names.
The report did not provide the fund's initial assets or subscription minimum. It also did not state a guaranteed return or a fixed maturity. The company's market capitalisation was ₩9.8 trillion at Tuesday's close.
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| Symbol | Last Price |
|---|---|
| 005940NH Investment & Securities | ₩26,650 -0.9% |