This exchange-traded fund (ETF) is designed to provide investors with exposure to the short-term money market instruments issued by the Monetary Stabilization Bond (MSB) in South Korea. It essentially acts as a vehicle for investors to participate in the very short-term lending market, primarily through MSBs, which are government-backed securities with maturities typically less than a year. The fund aims to track the performance of these short-term debt instruments, offering a relatively low-risk investment option that seeks to generate returns comparable to prevailing money market rates. The focus on short-term, government-backed securities means that the fund prioritizes capital preservation and liquidity, making it a suitable choice for investors seeking a safe haven for their assets, especially during periods of market uncertainty or when looking for a stable place to park funds before deploying them elsewhere. The fund primarily invests in a diversified portfolio of MSBs, ensuring that it doesn’t rely on any single instrument, thus minimizing any specific issuer risk associated with holding only one or two bonds. It is designed to be easily traded, like a stock, on the exchange, allowing investors to enter and exit positions with ease and at known prices throughout the trading day, providing investors with flexible access to the short-term debt market. Because the ETF invests primarily in short-term debt, its performance will be closely correlated with changes in interest rates. The fund also offers some potential benefit during periods of rising interest rates, as yields on these short-term debt securities will often rise faster than long-term bonds, which typically provide lower yields in the short term.