Woori Asset Management's 'High Plus Bond' Surpasses 1 Trillion KRW in Net Assets

Woori Asset Management announced on the 2nd that the net assets of the ‘Woori High Plus Bond’ fund have surpassed 1 trillion KRW.

The net assets of Woori High Plus Bond Securities Investment Trust No.1 reached 1 trillion KRW as of the 2nd. High Plus is Woori Asset Management’s flagship bond fund, focusing on a portfolio centered on credit bonds to pursue stable interest income. In addition to interest income from bond investments, it seeks excess returns through the duration effect.

Despite increased market volatility, High Plus has maintained stable performance since its inception in 2005. The cumulative return since inception stands at 105.59% as of the 2nd.

Kim Dong-hwan, Head of Bond Management Division 1, said, "Despite the slump in the public fund market, we were able to attract significant investor interest based on steady performance," adding, "We expect a favorable environment for bond investments in the early phase of interest rate cuts."

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