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Samsung Asset Management's KODEX US Nasdaq 100 ETF exceeds 10 trillion won
Samsung Asset Management announced that its ‘KODEX US Nasdaq 100’ ETF has surpassed 10 trillion won in net assets. Reaching this milestone approximately five and a half years after its April 2021 listing, it holds the record for the fastest achievement among all US Nasdaq 100 tracking ETFs listed in South Korea. The fund has seen significant interest from individual investors, with net purchases totaling approximately 3.3 trillion won this year.
Mirae Asset Global Investments reported that its ‘TIGER US Dividend Dow Jones’ ETF leads the domestic market in individual net purchases for its category, totaling 1.28 trillion won since the start of the year. This represents 79% of the total individual net purchases across five domestic ETFs tracking the same index. The fund currently holds a net asset value of 4.28 trillion won.
Additionally, KB Asset Management is conducting a limited subscription for its ‘KB National Participation Growth Fund No. 2’, with a total recruitment limit of 200 billion won. The fund offers income tax deductions of 10% to 40% depending on the investment amount for those using dedicated accounts.
Entities
KB Asset Management · KODEX · Mirae Asset Global Investments · Samsung Asset Management