Optimized Short-Term Fund Management Amid Heightened Interest Rate Volatility
MMF-Level Liquidity and Stability Expected, Pursuing Investor Profitability and Flexibility
BNK Asset Management (CEO Sung Kyungshik) has launched the 'BNK Tomorrow Redemption Ultra-Short Bond Fund', a product optimized for short-term fund management by partially changing the strategy and name of the existing 'BNK Solid Short-Term Bond Fund'.
This fund is a domestic bond-type fund with an ultra-short-term strategy, aiming to achieve stable returns while minimizing risks from interest rate fluctuations based on a short duration.
The 'BNK Tomorrow Redemption Ultra-Short Bond Fund' offers liquidity comparable to MMFs by paying redemption proceeds on the next business day for redemptions made before 5 p.m. without redemption fees. The fund is structured to optimize short-term fund management through a portfolio centered on bonds and commercial papers (CP) with short remaining maturities.
In particular, it seeks stable carry income by including credit bonds rated A- or higher, and pursues both profitability and stability by investing in short-maturity notes and commercial papers rated A2- or higher.
Additionally, during periods of rising interest rates, the fund seeks additional returns by rolling over (reinvesting) into high-yield assets through rapid maturity turnover, and during periods of falling rates, it pursues capital gains by selling held assets, allowing for a flexible profit strategy according to market conditions.
A BNK Asset Management representative stated, "As volatility in domestic and global financial markets increases, interest in ultra-short-term bond funds that offer stability, profitability, and liquidity for client assets is rising," and added, "We expect the BNK Tomorrow Redemption Ultra-Short Bond Fund to help investors with their short-term fund management."
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