Financial information company FnGuide said on the 12th that the aggregate net worth of exchange-traded funds (ETFs) operated based on its in-house indices surpassed 25 trillion won.
FnGuide classifies industries through its own classification system, the FnGuide Industry Classification Standard (FICS), and constructs indices by applying keyword analysis techniques.
FnGuide supplies indices to about 150 products among more than 1,000 ETFs listed in Korea. 4th, Shinhan Asset Management's "SOL Korea Nuclear Power SMR" and KB Asset Management's "RISE AI Semiconductor TOP10" ETFs were newly listed with FnGuide indices as their underlying assets.
A FnGuide official said, "As ETF investors' needs become more segmented, demand for ETFs based on customized indices is steadily expanding," adding, "We will continue to offer investors a wide range of options through differentiated index products and innovative data-driven services."