Samsung Asset Management's KODEX 200 exchange-traded fund (ETF) has surpassed 2 trillion won in net worth.
Since ETFs were introduced to the domestic market, this is the first time a single product's net worth has exceeded 2 trillion won. Earlier, the KODEX 200 ETF surpassed 1 trillion won in net worth in Oct. last year.
According to Samsung Asset Management, KODEX 200's net worth increased by 843.13 billion won this year. Individual net purchases came to 219.19 billion won.
Returns were also strong. KODEX 200's last-year return is 94.5%, and the year-to-date (YTD) return this year is also at 46.3%.
Samsung Asset Management said, "Amid significant volatility, including a 7.5% surge in the KOSPI 200 index in a single day due to external factors such as hopes for a cease-fire between the United States and Iran, it demonstrated resilient recovery as a market benchmark index ETF."
Jeong Jae-uk, head of ETF Management Team 3 at Samsung Asset Management, said, "KODEX 200 diversifies across 200 blue-chip corporations that represent the KOSPI market, providing broad investment opportunities across Korea's core industries," adding, "It enables efficient investment not only in leading semiconductor stocks but also in companies at the forefront of each industry, making it the optimal vehicle for effectively participating in the overall growth of the Korean stock market without the burden of individual stock selection, even for those who are not professional investors."