Shinhan's SOL Short-Term Corporate Bond ETF Surpasses 100 Billion KRW in Assets
Shinhan Asset Management's 'SOL Short-Term Corporate Bond (A-grade or higher) Active ETF' has exceeded 100 billion KRW in assets. The ETF predominantly invests in corporate and financial bonds with a remaining maturity of less than three years, boasting an impressive expected yield to maturity (YTM) of 3.42% annually. This ETF aims to achieve excess returns from interest rate fluctuations while ensuring stable interest income, drawing significant interest from both institutional and individual investors amid expectations for interest rate cuts.
The ETF is highly applicable in retirement pension and ISA accounts, catering to investors who prioritize both liquidity and stability. Shinhan Asset Management has expressed an optimistic outlook, anticipating a favorable bond market trend due to expected interest rate reductions. This attractiveness is expected to increase, contributing to the ETF's growing appeal and its adaptability for dynamic fund management.
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