MIDAS Launches Active Intermediate-Term Bond ETF in Korea

MIDAS Asset Management launched the MIDAS Intermediate-Term Bond (AA- or Higher) Active ETF (0258N0) on November 10, targeting South Korean fixed-income securities with investment-grade credit quality. The actively managed fund aims to maintain a portfolio duration of approximately two to three years while seeking to outperform the KIS Mid-Term Bond Total Return Index. Its investment approach focuses on domestic bonds rated AA- or higher, offering exposure to interest income and potential bond price appreciation while managing interest-rate sensitivity. The ETF provides an alternative to longer-duration bond funds and riskier credit strategies, expanding Korea's active fixed-income ETF market with a product designed for investors seeking relatively high-quality intermediate-term bond exposure.