Kiwoom Asset Management Launches ETF Investing in Inflation-Linked Bonds

[Asia Economy Reporter Hwang Yoon-joo] Kiwoom Asset Management announced on the 31st that it has newly listed the 'KOSEF Inflation-Linked Bond KIS' exchange-traded fund (ETF), which primarily invests in inflation-linked government bonds, on the Korea Exchange.

Domestic inflation-linked government bonds are 10-year maturity bonds linked to the Consumer Price Index (CPI), issued every two years, and reflect the inflation rate compared to the previous month two months prior in the principal.

The underlying index of this ETF is KIS Asset Evaluation's 'KIS TIPS(TR) Index,' which consists of securities representing the inflation-linked bond market, including recently issued inflation-linked bonds.