KODEX Active US Money Market ETF Records Significant Asset Inflow
The KODEX Active US Money Market ETF, the first of its kind listed domestically, has garnered significant attention by achieving a net asset value of 304.9 billion KRW just two months after its listing. This ETF, which invests in dollar-based ultra-short-term bonds, has become popular among individual investors, who have accumulated a net purchase of 14.9 billion KRW. Offering a high annual distribution rate of 4.72% and a monthly distribution rate of 0.53% while maintaining a low annual total expense ratio of 0.05%, it is regarded as both a stable and efficient investment option.
The latest data highlights that the KODEX Active US Money Market ETF guarantees attractive returns to investors through its strategy of investing in dollars and ultra-short-term bonds, providing stable cash flows. With the lowest expense ratio among similar investment products, it also attracts long-term investors expressing considerable interest and resulting in significant investment inflows. These factors contribute to the ETF's effective positioning in the market, appealing to a broad range of investors seeking efficiency and stability.
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Samsung Asset Management, KODEX US Money Market Active Surpasses 300 Billion Won in Net Assets - Money TodaySamsung Asset Management announced on the 29th that the net assets of the KODEX US Money Market Active ETF, which was listed last May, have surpassed 300 billion won. As of the previous day's closing price, the net assets of the KODEX US Money Market Active were 304.9 billion won. The cumulative net buying amount by individual investors is 14.9 billion won, making it the largest among dollar short-term bond ETFs listed in Korea. This product includes US ultra-short-term bonds and...
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Samsung Asset Management's KODEX US Money Market Active ETF Surpasses 300 Billion Won in Net Assets - meconomynews.comSamsung Asset Management announced on the 29th that the net assets of the KODEX US Money Market Active ETF, which was listed in May, reached 304.9 billion won as of the 28th. Accumulated net purchases by individual investors amounted to 14.9 billion won. This is the highest inflow among dollar short-term bond ETFs listed in Korea. This ETF is the first US money market ETF in Korea that invests simultaneously in safe assets like US ultra-short-term bonds and dollars. As volatility significantly expanded, investors showed demand for products that could be used as a short-term dollar-based investment with minimal risk. There is no need to convert won to dollars directly.
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Samsung Asset Management's 'KODEX US Money Market Active' Surpasses 300 Billion Won in Net Assets - E TodayThe first US money market ETF in Korea, reached 304.9 billion won in net assets within two months of listing. Accumulated net purchases by individuals amount to 14.9 billion won… Highest among dollar short-term bond ETFs listed in Korea during high-interest rates.
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