NH-Amundi Asset Management listed the "HANARO Mid-term Aggregate Bonds (A- or higher) Active Exchange-Traded Fund (ETF)" on the 19th, which invests in high-quality domestic mid-term bonds.
This ETF invests in domestic bonds with a credit rating of A- or higher, remaining maturity of 3 months to 5 years, and an outstanding amount of 50 billion won or more. It uses the "KIS Mid-term Aggregate Bond Market A- or Higher Total Return Index" as its benchmark. As of the 15th, the average yield to maturity (YTM) was 3.595%, and the duration (time to recover capital) was 1.826 years.
According to NH-Amundi Asset Management, mid-term bonds can secure higher interest revenue than short-term bonds and also capture capital gains when rates fall. The company said the product may suit individual investors who are seeking both stability and profitability and are considering asset rebalancing (adjusting holdings and weights) after taking profits in the recent stock market.
The product is managed actively to pursue higher interest revenue and capital gains.
Executive Director Han Su-il of NH-Amundi Asset Management said, "We will deliver stable yet differentiated performance through strict risk management principles."