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Investors Focus on Hybrid Funds for Higher Yields amid Low Interest Rates

Investors Focus on Hybrid Funds for Higher Yields amid Low Interest Rates

SEOUL, Aug. 18 (Korea Bizwire) — Hybrid funds with a mixed portfolio of stocks and bonds have been absorbing money as investors prefer relatively safe vehicles with higher yields over fixed deposits that offer record-low interest payments, data showed Tuesday. Investors have added a net 4.23 trillion won (US$3.58 billion) into the hybrid funds as [...]