Samsung Asset's 'KODEX US S&P500TR ETF' Surpasses 300 Billion KRW in Net Assets

Investing in the Top 500 Market Cap Stocks Listed on the US Stock Market
Recording an 18.3% Return Since Listing in April Last Year

[Asia Economy Reporter Hwang Yoon-joo] Samsung Asset Management announced that the net assets of the ‘KODEX US S&P500TR ETF,’ which tracks the representative US index, have surpassed 300 billion KRW.

Samsung Asset Management stated on the 21st that the net assets of the KODEX US S&P500TR ETF, which was listed on April 9 last year, currently stand at 304.1 billion KRW.

The KODEX US S&P500TR ETF is the first total return (Total Return) type US representative index ETF in Korea, attracting investors' attention with a return of 18.3% since its inception.

The KODEX US S&P500TR ETF is a product that tracks the total return index, automatically reinvesting dividends. Along with the KODEX US Nasdaq100TR ETF, it is suitable for individual investors who find it difficult to actively reinvest cash dividends and for pension investors aiming for long-term investment.

Im Tae-hyuk, Head of ETF Management at Samsung Asset Management, said, "A trend has been observed where pension investors, tired of highly volatile thematic ETFs, trust the growth potential of the US representative indices and invest by mixing the S&P500TR ETF and Nasdaq100TR ETF equally." He added, "Despite being launched later than competitors, investors highly value the convenience of TR ETFs that automatically reinvest dividends without paying out distributions, as well as their abundant liquidity and low fees, and the buying momentum is expected to continue."

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