KB Asset Management's "KB Corporate MMF I-1" Surpasses 10 Trillion Won in Net Assets

KB Asset Management announced on May 15 that the net assets of its exclusive short-term financial product for corporations, "KB Corporate MMF I-1," have surpassed 10 trillion won. This achievement was reached in just four years since the fund began full-scale operations with approximately 90 billion won in 2022.

Recently, the domestic Money Market Fund (MMF) market has experienced rapid growth, with a significant influx of standby funds due to prolonged geopolitical risks and uncertainties in domestic and international monetary policies. According to the Korea Financial Investment Association, the total net assets of domestic MMFs recently exceeded 250 trillion won, marking an all-time high. In this environment, KB Corporate MMF I-1 has established itself as a leading short-term capital safe haven for corporate and institutional investors, thanks to its outstanding liquidity management capabilities.

Kim Youngha, Head of Institutional Marketing at KB Asset Management, explained, "This is the result of responding to the diverse short-term capital management needs of institutional clients in line with the expansion of the corporate MMF market."

The key to the fund's success lies in its strategic management based on thorough macroeconomic analysis and bond market outlook. By systematically managing the weighted average maturity and flexibly incorporating high-quality bonds, short-term bonds, and commercial paper (CP), the fund has achieved both profitability and liquidity. In particular, the fund gained the trust of corporations seeking stability during market volatility by not including real estate project financing (PF)-related assets during the Legoland crisis in 2022.

KB Asset Management focuses on portfolio management centered on high-quality assets through close collaboration with credit analysts within the bond management division. Through this approach, the company continues to deliver competitive returns while ensuring both stability and liquidity.

Yoo Youngjae, Head of the Bond Management Division at KB Asset Management, emphasized, "Having achieved a significant level of entrusted assets, we feel an even greater sense of responsibility," adding, "We will continue to do our utmost to reward customer trust by delivering stable management performance going forward."

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