According to data released by Korea Investment & Securities Exchange, the net asset amount of ACE Money Market Active ETF listed in July by Korea Investment Trust Management has reached 1 trillion 184.9 billion won. This is the first instance since early 2024 where inflows exceeding 1 trillion won have accumulated over roughly two years.
ACE Money Market Active ETF employs short‑term bonds, including CD and Korean Overnight Forward Rate (KOFR), to calculate interest compounded daily. It maintains a maturity of less than three months, and incorporates various assets such as bonds, short‑term notes, corporate debt, and CDs with credit ratings of AA or higher, making it highly usable for both short‑term money market and long‑term account operations.
Since the start of the year, inflows into ACE Money Market Active ETF have shown a steady upward trend; this year’s inflow was 701.8 billion won, far exceeding the average inflow of 258.6 billion won among the 13 domestic-listed Money Market Active ETFs (excluding new listings in September). In particular, over the last month alone, 297.7 billion won has been added, further expanding its scale.
ACE Money Market Active ETF offers a higher yield to maturity (YTM) than the 91‑day CD rate of 3.21%, with YTM at 3.74% as of the 23rd, surpassing the domestic average of 3.57%. According to a finance manager from JOI Investment Management, “ACE Money Market Active ETF’s duration is about 0.13 years, indicating it is a short‑term bond product with low sensitivity to interest rate changes.” They added that “adding short‑term money market products to the portfolio during periods of high interest and price volatility can be an effective risk‑mitigation strategy.”