Daishin Asset Management's Short-Term Bond Fund Surpasses 100 Billion KRW in Assets... Strength in Next-Day Withdrawals

by Kim Jinyeong

Published 12 Jun.2025 09:15(KST)

Daishin Asset Management's short-term bond fund, launched on May 20, surpassed 100 billion KRW in net assets within three weeks.

On June 12, Daishin Asset Management announced that the net assets of its newly launched "Daishin Tomorrow Withdrawal Short-Term Bond Fund" reached 100.1 billion KRW as of June 10.

Reflecting the increased preference for highly liquid investment assets, Daishin Asset Management strategically launched a short-term bond fund that allows next-day withdrawals. This fund is designed to offer next-day withdrawal capability, similar to existing money market funds (MMFs) or ultra-short-term bond funds, while aiming for higher returns.

The company explained that expectations of a base rate cut have already been priced in, resulting in lower expected returns for MMFs and ultra-short-term bond funds. The newly launched "Daishin Tomorrow Withdrawal Short-Term Bond Fund" improved returns by employing a strategy of extending the maturity of its underlying assets. A representative from Daishin Asset Management assessed that the fund's ability to offer next-day redemption despite relatively higher returns meets the needs for managing short-term liquid assets.

This fund is characterized by setting the duration of its holdings to around six months, which is longer than that of MMFs or ultra-short-term bond funds, in pursuit of higher yields. It also seeks additional returns through active portfolio adjustments based on market interest rate outlooks.

Lee Jaewoo, Head of Marketing & Planning at Daishin Asset Management, stated, "Accurately identifying investors' needs according to market conditions and launching the fund accordingly has led to these results," adding, "Net assets continue to increase through corporate surplus funds and individual customer subscriptions, even without proprietary seeding funds to secure liquidity."