Daishin Asset Management launches shareholder-return high-dividend fund
Version 2: Kyunghyang Shinmun is added to the coverage, confirming the fund's Oct. 6 launch and that Daishin Securities' chief executive was the first subscriber; no new facts or disputes emerged.
In short
Daishin Asset Management launched the Daishin Shareholder Return High Dividend Fund on Oct. 6, 2026, an equity fund that picks companies whose dividends and buybacks are large relative to their share price. It invests at least 60% in stocks and is sold through 10 distributors including Daishin Securities, with the network to be widened. The company says Korean firms' forecast shareholder-return ratio of 31% this year is about half US and Japanese levels, which it sees as an investment opportunity.
Read the full story 2 min read
Daishin Asset Management launched the Daishin Shareholder Return High Dividend Fund on Oct. 6, 2026, the company said in reports by Asia Economy, Seoul Economic Daily, Yonhap, Chosun Ilbo and Kyunghyang Shinmun. The product is a public fund that invests at least 60% of its assets in stocks and was set up on Oct. 6. It is available through 10 distributors including Daishin Securities, and the company said the sales network will be expanded. [ 1 , 2 , 3 , 4 , 6 ]
The fund selects stocks using two main gauges, the shareholder return ratio and the shareholder return yield, according to the company. The return ratio measures how much of a company's profit is given back to shareholders through dividends and share buybacks and cancellations, while the yield weighs that return against the current share price. Holdings are sold to realise gains when a share price rise lowers the relative value of the returns, and bought when a price correction raises it again. The fund prioritises companies that return cash repeatedly rather than once, and also considers stable cash generation and earnings improvement. [ 1 , 2 , 3 , 6 ]
Daishin Asset Management said the starting point is the low level of corporate shareholder returns in Korea. According to the company, the forecast shareholder return ratio for Korean companies this year is 31%, compared with 70% in the United States and 67% in Japan, about half those levels. The company said that as the trend toward stronger shareholder returns in the domestic capital market continues, corporate value has considerable room to be revalued. [ 2 , 3 ]
Lee Jae-woo, an executive director in charge of marketing at Daishin Asset Management, said the market now looks at how companies share results with shareholders as a core measure of corporate value, not only at earnings. He said the fund's distinguishing point is that it weighs not just dividends but how much is returned overall, and how attractive that value is at the current share price. [ 1 , 2 ]
Asia Economy reported that Daishin Securities CEO Jin Seung-wook subscribed to the fund as its first investor. Kyunghyang Shinmun reported the subscription took place at a Daishin Securities branch in Seoul's Jung-gu district and published a photograph of it. [ 1 , 6 ]
Why it matters
The launch is a bet on the gap between Korean companies' low shareholder-return ratios and those of the US and Japan, a difference the company says leaves room for revaluation as return policies strengthen. For investors it offers a product that counts buybacks and cancellations, not only dividends, as shareholder returns. The documents show no performance data, regulatory reaction or market response beyond the announcement.
Key facts
- Daishin Asset Management launched the Daishin Shareholder Return High Dividend Fund on Oct. 6, 2026. [ 1 , 2 , 3 , 4 , 6 ]
- The fund is a public product that invests at least 60% of assets in stocks and was set up on Oct. 6. [ 1 , 2 , 3 , 6 ]
- It selects stocks using the shareholder return ratio and the shareholder return yield. [ 1 , 2 , 3 ]
- It is available through 10 distributors including Daishin Securities, with the network to be expanded. [ 1 , 2 , 3 , 6 ]
- The company said Korea's forecast shareholder return ratio is 31% this year, against 70% in the US and 67% in Japan. [ 2 , 3 ]
- Daishin Securities CEO Jin Seung-wook subscribed to the fund as its first investor, at a Daishin Securities branch in Seoul's Jung-gu district. [ 1 , 6 ]
Confirmed by several sources
- Daishin Asset Management launched the Daishin Shareholder Return High Dividend Fund on Oct. 6, 2026. [ 1 , 2 , 3 , 4 , 6 ]
- The fund is a public equity fund investing at least 60% in stocks, focused on companies whose shareholder returns are large relative to their share price. [ 1 , 2 , 3 , 6 ]
- Its key investment indicators are the shareholder return ratio and the shareholder return yield. [ 1 , 2 , 3 ]
- It is available through 10 distributors including Daishin Securities, with the sales network to be expanded. [ 1 , 2 , 3 , 6 ]
- The company said the fund was motivated by Korea's low corporate shareholder return ratio, which it puts at 31% for this year against 70% in the US and 67% in Japan. [ 2 , 3 ]
- Daishin Securities CEO Jin Seung-wook subscribed to the fund as its first investor. [ 1 , 6 ]
Still unclear
- Whether any subscriptions or performance figures exist beyond the launch The documents describe only the launch; the fund was set up on Oct. 6 and no subscription or return figures are given.
- What Newsis reported about the fund Newsis published a headline about the fund's launch, but the article text as received concerns an unrelated Supreme Court matter, so no details from it can be used.
What local media are saying
Timeline, local time
- Asia Economy publishes the launch report, including that Daishin Securities CEO Jin Seung-wook subscribed as the first investor. [ 1 ]
- Seoul Economic Daily reports the launch, the investment criteria and the comparison of Korea's 31% forecast shareholder return ratio with 70% in the US and 67% in Japan. [ 2 ]
- Yonhap reports the launch and that the fund was set up that day. [ 3 ]
- Chosun Ilbo reports the launch of a fund holding companies with large dividend and buyback returns. [ 4 ]
- Newsis publishes a headline on the fund launch; the article text received concerns an unrelated matter. [ 5 ]
- Kyunghyang Shinmun reports the launch and that Daishin Securities CEO Jin Seung-wook was the first subscriber, at a branch in Seoul's Jung-gu district. [ 6 ]