Money Market Active ETFs Hit 16.2 Trillion Won, Draw 739.5B in Week of Market Volatility

As of July 15, money market active exchange-traded funds (ETFs) listed on South Korea's domestic market reached a combined net asset value of 16.2 trillion won, with 739.5 billion won in inflows over the past week amid market volatility, according to the financial investment industry. The largest inflows went to Mirae Asset's TIGER Money Market Active ETF with 293.1 billion won, followed by KB Asset Management's RISE Money Market Active ETF at 236.2 billion won and Hana Asset Management's 1Q Money Market Active ETF at 141.6 billion won. These products generated stable returns of 0.3 to 2 percent during recent volatility, with annualized yields averaging 3 percent.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments