Korea's private pension funds suffer low yields: data
Dec. 19, 2016
Most pension savings funds have posted negative yields this year, while such products are attractive to investors seeking tax benefits, data showed Monday.The average return of 227 such pension funds here, each with initial assets of 1 billion won ($840,000) under management, stood at minus 2.6 percent as of Friday, the data compiled by industry tracker FnGuide.The three-month and six-month yield rates were minus 0.37 percent and minus 0.17 percent, respectively.For people who bought the product