Performance

With a long-term prospective, we have built an entire balanced portfolio. Coping with a multitude of economic and financial uncertainties, we have generated returns at acceptable risk level and then our accumulative investment returns correspondend to over 40% of the total assets.

Investment Performance

(Unit: Trillion won, as of December, 2014)

Note: The figures represent returns of our entire fund portfolio, each of which is a value of returns or an rate of returns based on a money-weighted rate of return methodology.

Investment Returns

Note: All Returns are calculated on a basis of the money-weighted rate of return methodology and annualized for time periods greater than one year.
Amount might not add up due to rounding, and the amount of financial investments includes fund management expense.

Relative Returns

Note: The asset class returns on a time-weighted rate of return base are represented by the following benchmark indexes:
* Domestic Equities Benchmark: (In-house) KOSPI200, (External Management) KOSPI+KOSDAQ100
* Overseas Equities Benchmark : MSCI World Index, MSCI All Countries World Index
* Domestic Fixed Income Benchmark : Customized Index 
* Overseas Fixed Income Benchmark : Barclays Customized Index, Barclays Global Aggregate Index

Criteria

To help understanding our performance, we present money-weighted rates of the fund's overall returns along with time-weighted rates of returns, a basic indicator. Accordingly, the money-weighted returns are based on total incomes including unrealized and realized gains.

In terms of the time-weighted returns, reliability and validity of benchmarking indexes are consistently reviewed by the Fund Management Committee each year. The performance of the Fund managed with long term perspective is reviewed in the view point of both quantities and qualities for more than three years. We comply with The Global Investment Performance Standards to ensure credibility globally.