ACE Money Market Active ETF Sees Robust Inflows, Outpacing Market Growth
The ACE Money Market Active ETF from Korea Investment Management has recorded an impressive inflow of 214.2 billion KRW since the beginning of 2024, surpassing the domestic money market ETF average by as much as six times. The fund’s assets under management rose 47.39% year-on-year to 685.5 billion KRW, substantially outperforming the average growth rate (9.93%) of its domestic peers. This ETF mainly invests in certificates of deposit, KOFR, and ultra-short-term bonds with AA or higher credit ratings, ensuring strong liquidity and stability. Risk is mitigated with a duration of just 0.2 years, making it relatively insensitive to interest rate fluctuations, while it offers an attractive annualized yield of 3.31%, exceeding prevailing CD rates.
The ETF’s lack of mandatory holding periods and flexibility make it well-suited for parking idle cash by both corporate and private investors, and it is also recommended for use within retirement and personal asset management accounts (ISA). Amid heightened stock market volatility in 2024, money has been flowing into parking-type ETFs such as this one, reflecting strong investor demand for short-term safe havens. With its proactive interest rate risk management and rapid asset growth, the ACE Money Market Active ETF is establishing itself as a standout choice among Korean money market ETFs. This success highlights the product’s differentiated strategy and timely market response in a competitive environment.
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Funds Flowing into Parking-Type ETFs... 'ACE Money Market' Sees 200 Billion Won Inflow Since the Beginning of the Year - Seoul EconomyKorea Investment Trust Management announced on the 23rd that funds flowing into the 'ACE Money Market Active Exchange-Traded Fund (ETF)' have surpassed 200 billion won since the beginning of the year. According to ETF Check, the funds inflow into this ETF since the start of the year amounted to 214.2 billion won as of the previous day. This is part of the domestic listed money market E
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Hanwha Investment & Securities, 'ACE Money Market Active' sees 200 billion won inflow since the beginning of the year - NewsPim[Seoul=NewsPim] Reporter Kim Ga-hee = Hanwha Investment & Securities announced on the 23rd that approximately 200 billion won has been inflowed into the ACE Money Market Active ETF this year. According to Koscom ETF CHECK, as of the previous day, the ACE Money Market Active ETF has
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Short-term Capital Parking…ACE Money Market ETF Attracts 200 Billion Won Since Early This Year - Yonhap InfomaxAvoiding stock market volatility this year, a significant amount of short-term funds is flowing into parking-type ETFs. On the 23rd, Korea Investment Management announced that since the beginning of the year, inflows into the 'ACE Money Market Active' ETF have surpassed 200 billion won. This product invests in ultra-short-term bonds with a maturity of less than 3 months and a credit rating of AA or higher, including corporate bonds, commercial papers (CP), and certificates of deposit (CD). It is mainly used as a short-term means of managing idle funds. Currently, the net assets of the 'ACE Money Market Active' stand at 685.5 billion won, a sharp increase of 47.39% from the end of last year, compared to 14 competing products over the same period.
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ACE Money Market Active ETF Surpasses 200 Billion KRW Inflows Since Early This Year - E Today(Photo=Korea Investment Management) Korea Investment Management announced on the 23rd that the funds inflow into the ACE Money Market Active Exchange Traded Fund (ETF) since early this year has surpassed 200 billion KRW.
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ACE Money Market Active ETF Attracted Over 200 Billion KRW Since Start of the Year - EdailyKorea Investment Trust Management announced on the 23rd that the funds inflow into the ACE Money Market Active ETF has surpassed 200 billion KRW since the beginning of the year. According to ETF Check, as of the previous day (22nd), the funds inflow into the ACE Money Market Active ETF since the start of the year has been tallied at 214.2 billion KRW. ACE Money Market...
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