Kiwoom Asset Management Launches ETF Investing in Inflation-Linked Bonds
[Asia Economy Reporter Hwang Yoon-joo] Kiwoom Asset Management announced on the 31st that it has newly listed the 'KOSEF Inflation-Linked Bond KIS' exchange-traded fund (ETF), which primarily invests in inflation-linked government bonds, on the Korea Exchange.
Domestic inflation-linked government bonds are 10-year maturity bonds linked to the Consumer Price Index (CPI), issued every two years, and reflect the inflation rate compared to the previous month two months prior in the principal.
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The underlying index of this ETF is KIS Asset Evaluation's 'KIS TIPS(TR) Index,' which consists of securities representing the inflation-linked bond market, including recently issued inflation-linked bonds.
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