Shinhan Best Credit Short-Term Fund Surpasses 1 Trillion Won in Assets Under Management

Shinhan Asset Management announced on the 23rd that its flagship bond product, the 'Shinhan Best Credit Short-Term Fund,' has surpassed 1 trillion won in assets under management. The fund, which stood at 660 billion won at the end of last year, has attracted over 300 billion won in new inflows this year, quickly exceeding the 1 trillion won mark.

This long-standing fund has been managed since 2001 and continues to deliver steady results based on years of accumulated management expertise and market trust. With this, Shinhan Asset Management now manages two bond funds with assets exceeding 1 trillion won, including the 'Shinhan Ultra Short-Term Bond Fund.'

Capital inflows have been driven by the fund’s proven performance competitiveness, which is based on stable mid- to short-term results in the domestic short-term bond market. The Shinhan Best Credit Short-Term Fund has delivered strong returns of 2.24% over the past six months, 4.73% over the past year, and 15.66% over the past three years.

The Shinhan Best Credit Short-Term Fund invests in credit bonds with maturities of around one year, based on thorough analysis of corporate fundamentals and credit bond analysis capabilities. By focusing its portfolio on high-quality credit bonds rated A- or higher and short-term commercial paper (CP), the fund secures both stability and liquidity.

Kim Kyungil, Head of WM Pension Channel Division at Shinhan Asset Management, said, "The investment appeal of credit bonds remains valid, and a strategy focused on short-term bonds allows for efficient management even during periods of heightened market interest rate volatility." He added, "We selectively identify undervalued credit bonds while preemptively excluding bonds with risk factors, thereby achieving both stability and profitability in the portfolio."