The KOSPI index on the 25th closed after breaking through 6,000 points for the first time ever. As a result, the return on exchange-traded funds (ETFs) tracking domestic stock indexes bought by President Lee Jae-myung is also estimated to be high.
On the day, the KOSPI index closed at 6,083.86, up 1.91% (114.22 points) from the previous day.
As the KOSPI index continues its rally, attention is also turning to the return on the ETFs the president invested in. On May 28 last year, when he was a presidential candidate, the president pledged an era of "KOSPI 5000" and bought 40 million won worth of ETF products.
At the same time, he revealed a plan to invest an additional total of 60 million won by contributing 1 million won every month for the next five years, to purchase a total of 100 million won worth.
The products the president bought 20 million won each are the "KODEX 200," which tracks the KOSPI200 index, and the "KODEX KOSDAQ150" ETF, which gains when the KOSDAQ150 index rises.
"KODEX 200" closed at 90,890 won on the day. The return since the president's purchase is about 154%. "KODEX KOSDAQ150" rose 71% over the same period.
The combined return on the two holdings owned by the president is 112.5%, with profit estimated at about 45 million won.
The product the president said he would invest in through a regular savings plan is the "TIGER 200" ETF, which recorded a return of about 154% from early June to the day. If the president had invested 1 million won each month since May last year, the total investment as of the day would be 9 million won.