RISE Money Market Active (455890) 🔎 In-depth
KB Asset Management · Bonds · Korea · Rates · Parking · Price 2026-08-06 · Analysis 2026-07-14
This is a bond-type ETF managed by KB Asset Management (RISE), a 'parking-type' product that invests mainly in safe short-maturity money-market instruments. It is designed so that, much like setting aside spare cash for a while, its value edges gradually upward as if interest at the short-term rate accrues. It uses a physical method holding actual short-term bonds, commercial paper, and the like, and it is 'active' management in which the manager adjusts holdings. It was listed on May 9, 2023.
This page organises public pricing and fund data for information purposes. It is not a recommendation to buy or sell, nor investment advice. Fees and distributions follow the manager's official disclosures and may change. Please verify with the fund manager's own materials and decide at your own responsibility.
Price as of 2026-08-06 close
USD values (market cap, AUM, turnover) are converted from KRW at ₩1,423.5 per US$ (2026-08-07); won figures are as reported. Market cap is listed units × market price, while AUM is the fund's net asset value — the two are close but not identical.
Returns & tracking as of 2026-08-06
| Period | ETF (NAV) | Index |
|---|---|---|
| 1M | +0.30% | +0.25% |
| 3M | +0.78% | +0.70% |
| 6M | +1.58% | +1.39% |
| 1Y | +1.53% | +2.70% |
| 3Y | +9.59% | +9.95% |
This ETF pays regular distributions. The returns and max drawdown above are on a NAV (price) basis, distributions not reinvested, so actual total return is higher and the drawdown smaller than shown; excess return and tracking error are omitted for that reason. Source: data.go.kr securities market-price API.
Fees & distributions
Fees prior fiscal year · KB Asset Mgmt official disclosure
Distributions Source: KB Asset Mgmt distribution notice·KRX
Distributions vary with fund performance; paying out more than income can reduce principal.
Understanding this ETF
The comparison index is the 'KIS Mark-to-Market MMF Index (Total Return),' calculated by KIS Pricing (KIS). An MMF (money-market fund) means a fund that invests in safe money-market instruments with very short maturities, and this index represents the performance of that kind of short-term money market. Specifically, based on CP (commercial paper) and short-term bonds, it reflects short-term rate trends such as Korea's risk-free reference rate (KOFR), the Bank of Korea call rate, and the 91-day CD rate (as posted by the Korea Financial Investment Association). This ETF does not simply follow the index but aims to stably deliver index-level performance by adjusting holdings through active management.
As a parking-type product that is not leveraged or inverse, it does not swing sharply like a stock; instead, its value moves by accumulating a little each day at the short-term rate. Because the assets it holds have short maturities, the price fluctuates little even as rates rise and fall, generally drawing a gently upward-sloping curve. The higher the prevailing short-term rate, the faster the accumulation, and the lower the rate, the slower. Being composed of domestic won assets, it is not affected by exchange-rate movements.
This is a 'parking (short-term cash storage)' style ETF for setting aside spare cash safely for a while. Since return equivalent to interest accrues even on a daily basis, it is widely used for buying and selling as needed to run money briefly. It is not a principal-guaranteed deposit, but because it centers on safe short-maturity assets, its volatility is very low and the risk of large losses is small; in exchange, the expected return is also limited to the short-term rate level. It is similar to the CD-rate parking ETFs mentioned earlier, but this product differs in that it holds actual short-term bonds and paper physically rather than using swaps.
The closing price on July 13, 2026 was ₩55,215, and the NAV (the actual asset value of one ETF share) was ₩55,343 with a daily change of +0.01%, very stable. AUM (net assets) was about ₩3.0 trillion, and the market capitalization was about ₩2.66 trillion. True to a parking-type product, the price barely fluctuates and continues a trend of edging up gently at the short-term rate.
In a word, it is 'a product whose value edges up a little each day, as if interest at the short-term rate accrues, when you set aside spare cash briefly.' Spread across safe short-maturity bonds and paper, it neither earns nor loses much, and just note that it is not a principal-guaranteed deposit.
Composition
The composition centers on short-maturity, low-risk short-term assets. Generally it holds a large portion of its assets in short-term bonds and commercial paper (CP) maturing within three months, filling the rest with cash-equivalent assets such as term deposits that have little price fluctuation. Rather than assets whose prices swing greatly like stocks, it is made up of assets whose prices barely move even with rate changes because their maturities are short. So, unlike equity ETFs skewed toward particular large caps, it is structured to secure stability by spreading finely across many short-term bonds and paper.
Classification
Notes & cautions
- Although it is parking-type, it is not a principal-guaranteed deposit, and the return that accrues varies with the short-term rate level.
- It holds physical assets (short-term bonds, commercial paper, and the like), differing in replication method from the earlier synthetic parking ETFs.
- It is neither leveraged nor inverse; its volatility is very low, but in exchange the expected return is limited to the short-term rate level.
ETF terms explained
Korea FSC securities market-price API (data.go.kr) · ETF classification & tagging: our own descriptive categorization
Bong Stocks presents public-data-based information for reference only. It is not investment advice and contains no target prices, ratings, or buy/sell recommendations. Prices are the previous session's close, not real time.