KSD "Last Year Fund Dividend Income 33.2 Trillion Won... Up 49% YoY"

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 7th that the amount of fund profit dividends paid last year was 33.2249 trillion KRW, an increase of 49.2% compared to the previous year.

Among these, public funds amounted to 3.6328 trillion KRW, and private funds amounted to 29.5921 trillion KRW, increasing by 23.2% and 53.2% respectively compared to the previous year. The number of dividend payments for public funds increased by 26.6% to 2,729, while the number of private funds paying dividends increased by 1.4% to 14,679.

Among the total profit dividends, public funds had a high proportion of dividends from equity and mixed equity funds, while private funds showed a high proportion of dividends from real estate, special assets, and other types of funds.

Last year, the amount reinvested in funds was 17.544 trillion KRW, accounting for 52.8% of the total profit dividends paid to funds. The reinvestment amount refers to the portion of profit dividends reinvested into the funds. Public funds reinvested 3.1601 trillion KRW, and private funds reinvested 14.3839 trillion KRW, with reinvestment rates of 87% and 48.6%, respectively. It is analyzed that private funds prefer profit dividends paid out in cash, resulting in a lower reinvestment rate compared to public funds.

The amount of new public fund subscriptions was 4.8219 trillion KRW, a 45% decrease compared to the previous year, and the amount of new private fund subscriptions was 57.5065 trillion KRW, a 1.9% decrease compared to the previous year. The Depository stated, "The number and amount of newly established private funds had continuously increased until 2019, but after a significant decline last year, it further decreased by about 3.8% last year."

The liquidation distribution amount for public funds was 6.1836 trillion KRW, a 3.2% decrease compared to the previous year, and for private funds, it was 36.2193 trillion KRW, a 25.8% decrease compared to the previous year. Compared to the previous year, the number of public funds paying liquidation distributions increased by 39.6% to 1,322, while the number of private funds paying liquidation distributions decreased by 40.8% to 2,313.

This content was produced with the assistance of AI translation services.