[NH-Amundi Asset Management](https://imgnews.pstatic.net/image/009/2024/07/16/0005335161_001_20240716102908765.png?type=w647) announced on the 16th that they will list the ‘HANARO Money Market Active’ listed index fund (ETF). This product is designed for short-term fund management purposes.
As an ETF, investors can access the domestic short-term financial market with small amounts of money. The fund invests in ultra-short-term assets with residual maturities of less than 5 months to minimize interest rate fluctuation risks.
The Active ETF aims to achieve excess performance compared to the benchmark index. The benchmark index is the KIS-NH-Amundi MMF Index, which represents the short-term financial market performance of assets with residual maturities of less than 5 months.
NH-Amundi Asset Management conducts systematic analysis of the short-term fund market environment to pursue excess performance. They adjust detailed liquidity weightings and asset allocations through research. Leveraging their long-term MMF management experience, they plan to introduce specialized management strategies.