Samsung Asset Management announced on the 1st that the KODEX CD Interest Rate Active ETF raised approximately 1 trillion KRW in funds during August, ranking first in net asset inflows among all ETFs.

Samsung Asset, KODEX CD Interest Rate Active ETF Attracts 1 Trillion KRW Inflow in 1 Month View original image

The KODEX CD Interest Rate Active ETF has net assets of 1.6038 trillion KRW, reaching this milestone just 60 trading days after its listing in June. This ETF is a highly liquid product, recording daily trading volumes exceeding 1 trillion KRW. Since June 27, it has maintained the highest trading volume among all ETFs. Accordingly, individual investors recorded net purchases of 59 billion KRW on the market during August. The 91-day CD interest rate stood at an annualized 3.69% as of August 31, maintaining a level around 3.7% since the end of May.


The KODEX CD Interest Rate Active ETF reflects the daily interest income of the 91-day CD interest rate every day. It is suitable for managing cash-equivalent assets. Unlike general bond ETFs, which may incur losses due to interest rate fluctuations, this product calculates the 91-day CD interest rate on a daily basis and applies it as compound interest daily. Investors can earn the daily 91-day CD interest rate even with just a one-day investment, without any period conditions. The total expense ratio is also the industry's lowest among CD interest rate ETFs at 0.02% per annum.


Additionally, this ETF is the only CD interest rate product that can be invested 100% as a safe asset through retirement pension (DC/IRP) accounts and pension savings accounts. When investing through pension accounts, investors can enjoy tax benefits such as tax deductions and low tax rates.



Im Taehyuk, Executive Director of ETF Management at Samsung Asset Management, stated, "The KODEX CD Interest Rate Active ETF allows cash management while enjoying the high interest rate effect at the CD interest rate level and is the only CD interest rate ETF in Korea that can be invested 100% as a safe asset in pension accounts. With abundant trading volume and the lowest domestic bid-ask spread of only 0.0005%, investors can use this product more conveniently."


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

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