KB Asset Management's Ultra-Short-Term Bond Products 'KB Money Market Fund·ETF'... "Outstanding Performance"

As uncertainty surrounding the timing of interest rate cuts continues, investors are focusing on short-term bonds and parking-type products that offer relatively stable returns.

With recent market volatility increasing, there is a growing opinion that since the investment period in products may unintentionally extend, short-term bonds and parking-type products should also be carefully compared in terms of yield before investing.

On the 15th, KB Asset Management announced that its ultra-short-term bond products, the ‘KBSTAR Money Market Active ETF’ and the ‘KB Money Market Active Fund,’ are gaining attention for their excellent performance.

First, the 1-month, 3-month, and 6-month returns of the ‘KBSTAR Money Market Active ETF’ are 0.38%, 1.10%, and 2.28%, respectively, ranking first among the 12 parking-type ETFs currently listed on the domestic stock market.

The ‘KBSTAR Money Market Active ETF’ invests in ultra-short-term bonds within three months and pursues an active excess return strategy, making it a product that delivers relatively outstanding performance even within the same category.

The underlying index is the ‘KIS Market Valuation MMF Index.’ It primarily invests 70-80% in short-term bonds and commercial paper (CP) within three months, and 20-30% in cash equivalents such as time deposits with low price volatility.

Investors who prefer funds over ETFs can invest in the fund version of the ‘KBSTAR Money Market Active ETF,’ called the ‘KB Money Market Active Fund.’

The ‘KB Money Market Active Fund’ also shows excellent returns, with 1-month, 3-month, and 6-month yields of 0.37%, 1.09%, and 2.31%, respectively.

The ‘KB Money Market Active Fund (Bond)’ is available for subscription at KB Kookmin Bank, Shinhan Bank, KB Securities, NH Investment & Securities, and Mirae Asset Securities. The annual total fees are 0.155% for Class A, 0.16% for Class C-E, and 0.235% for Class C. Purchases apply the price based on two business days from the request date, and redemptions are paid two business days from the request date.

Lee Seok-hee, Head of Pension WM Division at KB Asset Management, said, “Even for short-term funds, the trend of investors carefully comparing yields and trading is increasing. While bank time deposits require fulfilling the agreed period to receive all interest, using KB Asset Management’s parking-type products allows investors to expect higher returns than money market funds (MMFs) even with just one day of investment.”