Heungkuk Medium-Term Government Bond Fund Now Available to Retail Investors

On April 30, Heungkuk Asset Management announced that it will begin offering its institutional-exclusive product, the 'Heungkuk Medium-Term Government Bond Securities Investment Trust (Bond Type),' to retail investors as well.

The Heungkuk Medium-Term Government Bond Fund is an institutional product that builds its portfolio around AAA-rated government and public bonds, operating with a duration of 5 to 6 years. As of April 23, the fund recorded a one-year return of 10.51%, outperforming the average return of comparable medium-term bond funds by 3.21 percentage points. It also ranked first in major return categories, including one month, three months, six months, one year, and two years.

Recently, as major economies have entered a full-fledged interest rate cut cycle, the attractiveness of medium- and long-term bonds has increased. This is because, compared to short-term bonds, medium- and long-term bonds offer greater opportunities for capital gains when interest rates fall and prices rise.

Lee Seokhee, Head of Pension/WM Marketing Division at Heungkuk Asset Management, stated, "The strong performance of the Heungkuk Medium-Term Government Bond Fund has played a significant role in Heungkuk Asset Management receiving positive evaluations at major domestic fund awards recently," adding, "As the interest rate cut cycle is now in full swing, the Heungkuk Medium-Term Government Bond Fund will become an attractive investment alternative for retail investors as well."

Investors can subscribe through major financial institutions such as Woori Bank, Samsung Securities, Kyobo Securities, IBK Securities, and Daishin Securities.