[Image source: Gettyimagesbank] South Korean retail investors are flocking to bond exchange-traded funds (ETFs), particularly U.S. long-term ETFs, as they believe that bond prices are undervalued amid the high interest rate environment.According to the Korea Exchange on Sunday, the most popular bond ETF net purchased by individual investors this year as of September 8 was Korea Investment Management Co.'s ACE U.S. Long Term T-Bond Active ETF H.They net bought 167.8 billion won ($125.5 million) worth of the ETF during the cited period, resulting in net assets reaching 309.

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