KB Asset Management Begins Full-Scale Sales of KB Credit Alpha Short-Term Bond Fund No.1

KB Asset Management announced on July 10 that the 'KB Credit Alpha Short-Term Bond Fund No.1' has officially begun full-scale sales based on its stable performance.

The KB Credit Alpha Short-Term Bond Fund No.1, which was newly launched in May, primarily invests in high-quality short-term corporate bonds, short-term bonds, and commercial papers, aiming to generate stable interest income. The fund selectively invests in corporate bonds with a credit rating of 'A' or higher to ensure income stability and enhance expected returns.

The fund mainly invests in assets with maturities of 1.5 years or less, thereby maintaining low interest rate sensitivity and reducing risk. Additionally, there is potential for capital gains if interest rates decline, allowing for relatively higher returns compared to ultra-short-term bond funds.

The master fund of KB Credit Alpha Short-Term Bond Fund No.1 has an asset under management of 106.7 billion KRW and continues to deliver stable performance.

Leveraging its extensive experience and expertise in managing large-scale short-term funds, KB Asset Management has constructed a carefully selected credit bond-focused portfolio, which has outperformed government and public bonds. The fund's one-month return was 0.32%, the highest among the 18 short-term credit bond funds launched in Korea.

Yook Donghui, Head of Pension WM Division at KB Asset Management, said, "KB Credit Alpha Short-Term Bond Fund No.1 is a fund that focuses on high-quality short-term bonds to reduce interest rate volatility and offer stable bond investment returns." He added, "With one-year deposit rates having dropped to the mid-2% range, this fund will serve as an efficient alternative for customers concerned about managing their short-term funds."