Samsung Asset Management's KODEX exchange-traded fund net worth has exceeded 80 trillion won for the first time in the industry. This ranks it 26th among ETF operators worldwide. Samsung Asset Management analyzed that this was a result of a rapid increase in individual ETF investments in line with the new government's push to revitalize the domestic stock market.
According to Samsung Asset Management on the 25th, the net worth of the KODEX ETF was recorded at 80.5 trillion won as of the previous day. After surpassing 70 trillion won in February this year, it has increased by more than 10 trillion won in about four months. Samsung Asset Management explained that the net worth of about 30 ETFs, including domestic equity, foreign equity, parking-type, monthly dividend covered call type, and new thematic type, increased evenly by over 100 billion won as the domestic and foreign stock markets revived.
Samsung Asset Management specifically cited KODEX200 as the top contributor to surpassing 80 trillion won in net worth. KODEX200 is Korea's first ETF and tracks the KOSPI 200 index. As domestic stock markets showed a sharp rise amid expectations of stimulus, KODEX200's net worth increased by 1 trillion won over the recent four months.
Samsung Asset Management noted that the net worth of KODEX U.S. S&P 500 and KODEX U.S. NASDAQ 100, which changed from an automatic reinvestment type (TR) to a distribution-type (PR) in January of this year, is also rapidly increasing. Both ETFs track the Standard & Poor's (S&P) 500 index and the NASDAQ 100 index, respectively. Over the last four months, the net worth of KODEX U.S. S&P 500 increased by 608.6 billion won, while KODEX U.S. NASDAQ 100 rose by 678.9 billion won.
Additionally, the increase in net worth over the past four months includes ▲ KODEX Money Market Active 1.3741 trillion won ▲ KODEX 200 Target Weekly Covered Call 365.1 billion won ▲ KODEX CD 1 Year Rate Plus 325.3 billion won ▲ KODEX High Dividend TOP 10 287.7 billion won ▲ KODEX AI Power Core Facilities 111.5 billion won.
Samsung Asset Management emphasized that the individual investor scale in the KODEX ETF net worth has increased by nearly 3 trillion won from 17.1 trillion won to 20 trillion won in the past four months. During the same period, the net worth of foreign equity ETFs increased by 4.5 trillion won, driving expansion. Samsung Asset Management said, "The development of new products tailored to individual investors' expectations and marketing activities for existing products have yielded good results."
Samsung Asset Management's KODEX ETF has widened its net worth gap with the second-place Mirae Asset Global Investments to 11.4 trillion won. Currently, 215 KODEX ETF products are in operation, and 13 have been listed just this year.
Park Myung-je, head of the ETF division at Samsung Asset Management, expressed gratitude to the investors for trusting and supporting them so that KODEX ETF could become the first in the industry to surpass 80 trillion won in net worth, stating, "As the largest ETF operator in Korea, Samsung Asset Management will prioritize customer revenue and strive to develop new products and services that meet customer expectations." He added, "We will lead efforts to ensure that Korea's ETF market steadily grows to over 300 trillion won from the current 200 trillion won."