IBK Launches Korea-U.S. Mega-Cap and Bond Mix ETF

IBK Asset Management launched the IBK Korea-US Top Companies TOP2 + Bond Mix 50 Active ETF today, Sept. 22. The active ETF combines leading large-cap companies from South Korea and the U.S. with Monetary Stabilization Bonds, broadly maintaining a 50:50 allocation between equities and fixed income. The strategy seeks to capture growth from major Korean and U.S. companies while using bonds to moderate portfolio volatility. As an active product, the fund can also add securities beyond its core allocation in an effort to generate excess returns.