On Nov. 11, after holding the new listing ceremony for the IM Asset 200 Exchange-Traded Fund (ETF) at the Korea Exchange's Seoul headquarters promotional hall, CEO Kyung-ryeol Sa-gong of IM Asset Management (right) and Tae-young Yang, head of the Korea Exchange's KOSDAQ Market Division, pose for a commemorative photo. /Courtesy of Korea Exchange

IM Asset Management, a subsidiary of DGB Financial Group, has launched its first exchange-traded fund (ETF) product.

IM Asset Management announced on the 11th that it has listed the 'IM Asset 200' ETF on the KOSPI market. The IM Asset 200 is a product that tracks the KOSPI 200 index.

An official from IM Asset Management noted, "In the initial phase of market entry, we will focus on launching stable products like the KOSPI 200 index rather than theme products affected by specific issues," and added, "We are considering expanding into theme-based and bond-type products using the company's management capabilities in the future."

Established in 2000, IM Asset Management is a comprehensive asset management company with strengths in quantitative and index management, as well as bond investments. DGB Financial Group holds 100% equity in IM Asset Management.

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