Heungkuk Asset Management Renames Flagship Bond Fund to 'Heungkuk Multi-Credit'

Heungkuk Asset Management announced on April 24 that it has changed the name of the 'Heungkuk Multi-Play No.4 Bond Fund' to the 'Heungkuk Multi-Credit Bond Fund'.

The company explained that the fund name was changed to more clearly reflect its investment strategy, which focuses on credit assets that are highly attractive during periods of falling interest rates.

The Heungkuk Multi-Credit Bond Fund pursues a strategy of minimizing credit risk by diversifying investments in high-quality corporate bonds, financial bonds, and commercial papers with a duration of 1 to 2 years. Since its inception in 2008, the fund has been managed stably without any credit risk issues and has consistently ranked within the top 20% of funds in its category.

It has earned investors' trust based on solid returns and strong resilience to market volatility. The fund has received a total of 16 awards at major domestic fund ceremonies and has been selected as the 'Best Bond Fund' for three consecutive years by Morningstar, a global fund rating agency.

Lee Seokhee, Head of Pension/WM Marketing Division at Heungkuk Asset Management, stated, "The Heungkuk Multi-Credit Bond Fund is designed to deliver consistent performance even amid economic uncertainty," adding, "It is a suitable investment product for investors seeking stable returns."

The fund is available for subscription through major financial institutions such as KB Kookmin Bank, IBK Industrial Bank of Korea, Samsung Securities, Mirae Asset Securities, Hana Securities, Korea Investment & Securities, Woori Securities, Meritz Securities, NH Investment & Securities, and Samsung Life Insurance.

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