Woori Asset Management announced on the 12th that the net assets of the ‘Woori High Plus Bond’ fund have surpassed 2 trillion KRW.
According to the Korea Financial Investment Association, the net assets of Woori High Plus Bond Securities Investment Trust No.1 (hereinafter ‘High Plus Bond’) have reached 2 trillion KRW. Since joining the ‘1 trillion club’ in April this year, net assets have increased by an additional 1 trillion KRW in five months, making it the largest domestic bond fund as of the 11th.
High Plus Bond is a fund that pursues stable interest income by constructing a portfolio centered on credit bonds. By flexibly adjusting duration, it seeks excess returns from duration effects in addition to interest income from bond investments.
Despite increased market volatility, High Plus Bond has maintained stable performance since its inception in 2005, recording a cumulative return of 109.85% as of the 11th.
Kim Dong-hwan, Head of Bond Management Division, stated, “Despite the slump in the public fund market, the fund has attracted significant attention due to its consistent performance,” adding, “We will continue to strive to maintain good results to help investors grow their assets.”
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