Hanwha Asset Management Launches 'Hanwha SsolSsolhan Korea Bond Fund' with Kakao Pay Securities

[Asia Economy Reporter Eunmo Koo] Hanwha Asset Management announced on the 2nd that it will launch the ‘Hanwha Solsolhan Daehanminguk Bond’ fund, which adds an asset allocation function to bond funds, through Kakao Pay Securities. With the domestic base interest rate lowered to an all-time low of 0.5% per annum and deposit interest rates also dropping to the 0% range, the ‘Hanwha Solsolhan Daehanminguk Bond Fund’ is gaining attention as an alternative to savings and time deposits.

This fund invests in short-term government bonds and medium-to-short-term corporate bonds to pursue higher returns compared to bank deposits or money market funds (MMFs). Unlike existing bond funds, its most distinctive feature is the addition of an ‘asset allocation function’ that conservatively increases the proportion of short-term government bonds during rising interest rate periods and maximizes profitability by increasing the proportion of medium-to-short-term corporate bonds during falling interest rate periods.

Hanwha Asset Management stated, “As of the end of April, Hanwha Asset Management manages domestic bond assets totaling 11.2 trillion KRW, making it a traditional leader in bond funds. Our top industry professionals utilize a long-verified quantitative data analysis process to minimize volatility while striving to achieve returns higher than deposit interest rates.”

Choi Jang-won, Head of the FI Business Division at Hanwha Asset Management, said, “This fund is suitable for investors who are not satisfied with deposit interest rates but are unfamiliar with fund investments. We will build a portfolio with highly stable assets focused on government bonds and high-quality corporate bonds, maintaining low volatility so that investors can confidently enjoy solid returns.”

Kakao Pay users can open a Kakao Pay Securities account online through a simple authentication process, and after analyzing their investment preferences, they can invest in the ‘Hanwha Solsolhan Daehanminguk Bond Fund’ starting from as little as 1,000 KRW.

This content was produced with the assistance of AI translation services.