Kiwoom Asset Management said on the 13th that the total net worth (AUM) of its exchange-traded fund (ETF) brand, "KIWOOM ETF," surpassed 5 trillion won. After exceeding 3 trillion won in Feb. last year, it reached 4 trillion won in Mar. this year, and grew by more than 1 trillion won in six months.
Kiwoom Asset Management explained that net worth increased rapidly as funds flowed into domestic index and bond ETFs, helped by the domestic stock market's rise under the government's capital market revitalization policy and expectations of interest rate cuts.
Among KIWOOM ETFs, the top tickers by net worth growth over the past six months included "KIWOOM 200TR" and "KIWOOM 200," which track the benchmark domestic market index; the broad bond ETF "KIWOOM Comprehensive Bond (AA- or above) Active"; the long-term bond ETF "KIWOOM Treasury 10-year"; and the maturity-matching corporate bond ETF "KIWOOM 26-09 Corporate Bond (AA- or above) Active."
Kiwoom Asset Management also said that net worth increased for newly listed strategy ETFs, "KIWOOM Korea High Dividend & U.S. AI Tech" and "KIWOOM U.S. High Dividend & AI Tech." Both products invest in high-dividend stocks and artificial intelligence (AI) tech stocks at a 7:3 ratio. They conduct monthly fixed-weight rebalancing.
Kiwoom Asset Management plans to continue introducing differentiated ETF products that allow investors to invest with confidence without being swayed by market volatility.
Lee Kyung-jun, head of ETF management at Kiwoom Asset Management, said, "It was thanks to investors' interest and trust that we were able to surpass 5 trillion won in net worth," adding, "We will continue to put investors' practical interests first, offer differentiated products, and further solidify our position in the industry."