NH-Amundi, 10-Year Government Bond Index Fund Surpasses 400 Billion KRW in Net Assets
NH-Amundi Asset Management announced on the 29th that the net assets of the 10-year government bond index fund have surpassed 400 billion KRW.
According to NH-Amundi Asset Management, as of the 25th of this month, the net assets of the 10-year government bond index fund (based on the master fund) amount to 423.3 billion KRW.
With the start of a full-scale interest rate cut cycle, bond investment is gaining attention as a long-term investment tool. In particular, index funds guarantee transparency in management and have high predictability, making them suitable as a stable investment vehicle.
The NH-Amundi Asset Management 10-year government bond index fund invests in bonds and government bond futures related to the 10-year government bond, which is the representative interest rate of the Republic of Korea bond market. It can secure excess returns from the decline in interest rates. The fees are relatively low (total fee of 0.17% for Class S).
According to NH-Amundi Asset Management, the recent 1-year return as of the 25th of this month is 12.54%. The return since inception is 25.45%.
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Han Su-il, head of the bond management division at NH-Amundi Asset Management, said, “The 10-year government bond index fund is a stable investment product optimized for long-term investment,” and added, “In the current interest rate decline cycle, it is a product recommended for anyone to invest in easily.”
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