KB Asset Management said on the 21st that the net worth of the "RISE Samsung Electronics SK hynix Bond Mixed 50 ETF" exceeded 1 trillion won as of the 20th.
On Feb. 26, after listing, it crossed 1 trillion won in just 36 trading days, the fastest among domestic bond-mixed exchange-traded funds (ETFs).
This product is the first ETF in Korea to focus investments on Samsung Electronics and SK hynix, Korea's leading semiconductor corporations, while bolstering stability through bonds.
It includes Samsung Electronics and SK hynix at a 25% weight each, with the remaining 50% invested in high-grade bonds such as short-term Treasury bonds. The total fee is 0.01% per year.
Bond-mixed ETFs are classified as safe assets in defined contribution (DC) plans and individual retirement pensions (IRPs), allowing investment regardless of the risk-asset limit. Investors who have already used their existing limits can further increase their equity exposure.
Yuk Dong-hwi, head of ETF product marketing at KB Asset Management, said, "As investment demand projecting long-term growth in the semiconductor industry combines with pension investment demand, inflows are appearing rapidly," adding, "The 'RISE Samsung Electronics SK hynix Bond Mixed 50 ETF' will be an efficient alternative for investors seeking to raise their semiconductor allocation in retirement pension accounts."