Shinhan Investment & Securities announced on the 3rd that it would begin selling the 'Shinhan Best Credit Plus Fund', which invests in domestic short-term credit bonds.
This fund is a short-term bond fund from Shinhan Asset Management. To enhance the fund's competitiveness, it is a product that has completely revamped the management strategy of the existing 'Shinhan Relative Value Medium-Term Fund' as of April this year. Its investment-grade bonds require a minimum credit rating of A- or higher, and the average duration is maintained at about 1 year and 6 months, which enhances both efficiency and stability in management.
In addition to interest income, Shinhan Investment & Securities noted that the fund's strength lies in the potential for capital gains when interest rates decline. Subscriptions can be made through Shinhan Investment & Securities' nationwide branches and the Shinhan SOL Securities app. It is also possible to subscribe via pension savings and retirement pension accounts.
Lee Kwang-ryul, head of the investment product department at Shinhan Investment & Securities, stated, "While the Bank of Korea is lowering interest rates, there is still uncertainty in terms of inflation and financial stability," adding, "In an expanding volatility phase, short-term bond funds can emerge as relatively attractive investment options."