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Investment Process

IBK Asset Management is committed to improving your investment with sophisticated investment strategies and reliable services.

Investment Philosophy

Creating Reliable Return of Investment. Consistency & Transparency In Fund Management. Seeking Return on Investment & Risk to Satisfy Clients Needs . Drawing Preceding Investment Opinion By In-depth Analysis Creating Reliable Return of Investment. Consistency & Transparency In Fund Management. Seeking Return on Investment & Risk to Satisfy Clients Needs . Drawing Preceding Investment Opinion By In-depth Analysis

Equity Investment Process

Equity Investment Process

Investment Universe
Investment Universe

Exclude financially distressed stocks
by examining FSS financial disclosures

Exclude high risk stocks
e.g.) event-driven rumours

Factor in stock liquidity

Model Portfolio
Model Portfolio

Focus on stocks with
high earnings growth & reasonable valuation

Monitor earnings changes constantly and
make portfolio changes considering valuation

Actual Portfolio
Actual Portfolio

Replicate MP to a certain degree
with some level of discretion granted to the manager

Adjust the fund features and MP replication ratio
as per the client’s guidelines (objective and risk appetite)

Performance Evaluation
Evaluation

Analyze the actual performance
(benchmark & peer comparison, etc.)

Assess key performance factors
(investment length, sector/stock contribution. etc.)
for future reference

Stock Selection Process

Growth Stock → Research → Team Meeting → Actual Portfolio Step1 Quantitative, EPS Growth, EV/EBITDA, PER, ROW (Universe:400) Step2. Company Visit, Monitor earnings, Potentials in industry growth  Step3. Decision Making (Buy or Sell), Reasonable Price, Market timing Fund Portfolio Growth Stock → Research → Team Meeting → Actual Portfolio Step1 Quantitative, EPS Growth, EV/EBITDA, PER, ROW (Universe:400) Step2. Company Visit, Monitor earnings, Potentials in industry growth  Step3. Decision Making (Buy or Sell), Reasonable Price, Market timing Fund Portfolio

Stock Selection Process / Growth Stock

Non GARP, High Growth & High Valuation, Low Growth & Low Valuation, GARP, up to PER right to EPS Growth
  • Use Peter Lynch’s GARP (growth at a reasonable price) strategy as the basis
  • Examine quarterly & annual income growth (EPS growth) as a key variable (William O’Neil)
  • Analyze earnings estimates and long-term growth potentials through company visits (Philip Fisher)