Yujin Champion Short-Term Bond Fund Surpasses 1 Trillion Won in Assets Under Management

Eugene Asset Management, a subsidiary of Eugene Investment & Securities, announced on the 5th that the assets under management of the 'Eugene Champion Short-Term Bond Fund' have surpassed 1 trillion KRW.

Launched by Eugene Asset Management in December 2014, the fund had assets under management of 1.017 trillion KRW and an operating scale of 1.09 trillion KRW as of the 4th. It is a mega public bond fund boasting the largest scale among short-term bond funds managed domestically. The fund selectively invests in high-quality corporate assets such as corporate bonds rated A or higher, short-term bonds rated A2- or higher, and commercial paper.

The Eugene Champion Short-Term Bond Fund has maintained steady performance despite market fluctuations. Starting the year with 630 billion KRW, the fund attracted 370 billion KRW in about eight months, surpassing 1 trillion KRW. It is analyzed that funds losing investment direction amid the unstable domestic stock market are moving to relatively safe, liquid short-term products.

Bond funds tend to have higher operational efficiency as their size grows, enabling diversified investments across various securities and continuous purchases of good bonds. Accordingly, the virtuous cycle structure of the Eugene Champion Short-Term Bond Fund, which leads to excellent operational efficiency and high performance, is expected to become even stronger.

The Eugene Champion Short-Term Bond Fund maintains a duration of around 0.5 years, allowing it to pursue stable returns even when market interest rates rise. It responds to interest rate hikes by quickly rebalancing from short-term low-interest bonds to high-interest bonds and proactively selling credit-vulnerable assets through meticulous monitoring. As of the 1st, the fund's 1-month, 3-month, and 6-month returns were 0.40%, 1.15%, and 2.21%, respectively, outperforming the average bond fund returns of 0.23%, 0.49%, and 2.08%.

The Eugene Champion Short-Term Bond Fund has no redemption fees, allowing redemptions at any time. It is sold through a total of 43 channels, including 14 commercial banks, major securities firms, and Fund Online Korea.

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