KB Asset Management Lists 'KBSTAR Gukchae Futures 3-Year ETF' View original image

[Asia Economy Reporter Hwang Yoon-joo] KB Asset Management will list the 'KBSTAR 3-Year Treasury Futures ETF' on the 14th.

The 'KBSTAR 3-Year Treasury Futures ETF' is a product that invests in 3-year treasury futures. The tracking index is the Treasury Futures Index (F-KTB Index), which is calculated by reflecting the price of the most recent monthly contract of the 3-year treasury futures.

Geum Jeong-seop, head of the ETF Marketing Division at KB Asset Management, explained, "This product is based on a treasury futures buying strategy and invests in ETFs related to the underlying index when necessary," adding, "It will provide an alternative investment method for institutional investors who have restrictions on derivative transactions, such as bank proprietary funds."

In the global ETF market, bond ETFs are one of the fastest-growing sectors. Related assets, which were only 11 trillion won in 2009, grew 120 times to 1,320 trillion won in 2020. The domestic bond ETF market is also rapidly expanding. Since the beginning of this year, net assets have increased by 2.4 trillion won, growing more than 25% year-to-date.

KB Asset Management operates the largest number of bond ETFs. With this additional listing, it will manage 19 out of 62 bond ETFs. It currently operates a total of 15 ETFs categorized by maturity for domestic bonds and has listed 4 types of overseas bond ETFs.

Furthermore, Head Geum said, "With this ETF listing, we have completed the lineup of 3-year, 5-year, and 10-year treasury futures ETFs in both long and inverse bond ETF formats," adding, "In times of increased bond market volatility due to base rate hikes and economic slowdown concerns, using KB Asset Management's inverse ETFs allows investors to implement various bond investment strategies suited to market conditions."



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