Today’s Money Reporter Kim Geun-hee | 2023.03.06 16:17
Since the beginning of the year, 78.4 billion has been poured into income funds
As the US Federal Reserve (Fed) becomes increasingly cautious of its monetary policy, investors are flocking to income funds that can generate stable returns. As the volatility of the stock market has increased, they have been looking for products that can generate consistent profits.
According to FnGuide, a fund evaluation company, on the 6th, 78.4 billion won has been poured into 114 income funds since the beginning of the year from the 3rd. There was a net inflow of KRW 74.2 billion in the last month and KRW 50.1 billion in the three months.
The crop is also good. The year-to-date rate of return of ‘Korea Global Research Dividend Income Securities Investment Trust (Equity) (CF)’ is 7.05%.
During the same period, the rate of return of ‘Schroder Monthly Monthly Payment Value Stock Income Securities Investment Trust (Indirect Equity-Type) Type A’ was 6.24%, which was ‘Multi Asset Global EMP Monthly Income Securities Investment Trust'[혼합-재간접형]The yield of Cs was 6.18%.
An income fund is a product that can earn profit or interest for a specified period by investing in REITs, high dividend stocks, and preferred stocks. As a fund classified as a medium risk, medium return product, it is characterized by relatively high returns in the period of high stock market volatility.
In fact, while the KOSPI yield for the past month recorded -1.49%, the Korea Global Research Dividend Income Securities Investment Trust (Equity) (CF) yielded 3.08%, and the US NH-Amundi Dynamic Income Securities Investment Trust (UH). )'[채권-재간접형]ClassCf yield was 3.86%.
Money is also pouring into high dividend stocks, REITs, bond type, and covered call ETFs that are classified as income type ETFs.
‘KODEX 23-12 Banc Debentures (AA+) Active ETF’ exceeded 1 trillion won in net assets at the end of last month, three months after listing. From the last 3 days, the net asset amount was 1,110.7 billion won.
The net asset of ‘SOL US Dividend Dow Jones ETF’ has increased by 43.4 billion won since the beginning of the year. A net inflow of 14.2 billion was gained into the ‘TIGER US S&P 500 Dividend Aristocrat ETF’ and 4.5 billion KRW into the ‘TIGER US Nasdaq 100 Covered Call (synthetic) ETF’.
The reason why money is flocking to income funds is because stock market volatility has increased again recently.
Kim Jin-young, a researcher at Kiwoom Securities, also said, “In the process of confirming US employment, inflation and consumption indicators in January, excessive market expectations for monetary policy retreated again.” Market Committee), stock market volatility is This is expected to increase. The allocation to income assets needs to be maintained for risk management.”
As the period of high interest rates continues for a while, there are also prospects that income fund investment will be effective.
Ha Jae-seok, researcher at NH Investment & Securities, said, “Despite Fed tightening, US consumption and employment indicators have shown solid performance, reducing the likelihood of an economic recession within the year and increasing the possibility of maintaining a high level of money. interest rate trend for a long time.” It is necessary,” he explained.
[저작권자 @머니투데이, 무단전재 및 재배포 금지]
