Korea's private index provider FnGuide said on the 26th that the total net worth of exchange-traded funds (ETFs) managed on its indexes has surpassed 50 trillion won.
This comes just a month after the total net worth topped 40 trillion won at the end of last month. Since the start of the year, the total net worth has increased by more than 17 trillion won.
A FnGuide official said, "Funds appear to be flowing in faster as strength in semiconductor and AI sectors for FnGuide index-based products coincides with growing demand for dividends stocks."
Mirae Asset Global Investments' flagship semiconductor product, "TIGER Semiconductor TOP10," has the largest size with net worth of 6.3283 trillion won, and it has increased by 3.4977 trillion won this year alone.
Hanwha Asset Management's flagship dividends product, "PLUS High Dividends Stocks," is also maintaining steady gains, recording net worth of 2.7151 trillion won with 691.4 billion won flowing in this month alone.
Mirae Asset Global Investments' "TIGER Hyundai Motor Group Plus" saw its net worth surge 456% from the start of the year, boosted by expectations for the accelerating shift to SDV (software-defined vehicles) and the recently spotlighted "physical AI."
Currently, 13 FnGuide index-based ETFs have net worth exceeding 1 trillion won.
The inflow of funds into the ETF market is also reflected in FnGuide's corporate value. FnGuide's market capitalization, which was around 98.8 billion won at the end of December last year, surpassed 200 billion won during intraday trading on this day.
A FnGuide official said, "Meticulously indexing the market's core investment themes, such as AI and semiconductors and dividends strategies, is leading to increased inflows," adding, "We will further expand our role as index infrastructure in the ETF market through data-driven index design."