Finance
Samsung Asset Management launches Samsung public participation national growth fund
Samsung Asset Management will begin selling the Samsung public participation national growth fund from May 22, with subscriptions open until June 11 or earlier if the allocation is exhausted. The product is designed to share the policy outcomes of the government-led national growth fund with the public. Proceeds will be invested in unlisted companies and KOSDAQ firms in 12 advanced strategic industries. It offers tax deductions and has a five-year, closed-end structure.