Samsung Asset Management Lowers Fees on Four KODEX China ETFs
Annual Total Return 0.12%... Industry's Lowest Level
[Asia Economy Reporter Minji Lee] Samsung Asset Management announced on the 2nd that it will lower the fees for four China-related KODEX ETFs to the industry's lowest level.
The targeted products are KODEX China CSI300, KODEX China A50, KODEX China Hang Seng Tech, and KODEX China H, all with an annual fee of 0.12%. With this, Samsung Asset Management has established a lineup with the industry's lowest fee level for China market index ETFs.
Additionally, Samsung Asset Management unified the names of China-related KODEX ETFs, which previously used mixed terms such as China Mainland and China, under the name 'KODEX China.' Samsung Asset Management offers a total of six China-related KODEX ETFs, and five of them are being renamed as follows: KODEX China Mainland CSI300, KODEX China Mainland A50, KODEX Shenzhen ChiNext (Synthetic), KODEX China H, and KODEX China H Leverage (H) will be changed to KODEX China CSI300, KODEX China A50, KODEX China Shenzhen ChiNext (Synthetic), KODEX China H, and KODEX China H Leverage (H), respectively. This change will make it easier for investors to understand the products.
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A Samsung Asset Management official stated, "We have lowered fees and unified the names for the China market-related KODEX ETF series, which have recently attracted significant investor interest," adding, "This will help investors when selecting China-related products and for long-term investment."
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