Samsung Asset Management's KODEX Developed Countries MSCI World ETF Surpasses 400 Billion KRW in Net Assets

The Largest Asia-Listed MSCI World ETF... 111.1% Return Since Inception

[Asia Economy Reporter Hwang Yoon-joo] Samsung Asset Management's 'KODEX Developed Countries MSCI World ETF,' which invests in major global developed countries, has surpassed 400 billion KRW in net assets.

Samsung Asset Management announced on the 8th that the net assets of the 'KODEX Developed Countries MSCI World ETF' reached 424.3 billion KRW. This is the largest scale among MSCI World ETFs listed in Asia.

Launched in August 2016, the KODEX Developed Countries MSCI World ETF is a product that invests in the MSCI World Index, representing global developed country stock markets. This ETF reflects approximately 1,500 mid-to-large cap stocks from 23 developed countries worldwide in the index according to market capitalization and invests proportionally to their weights.

The KODEX Developed Countries MSCI World ETF maximizes the essential meaning of ETFs as 'diversified investment.' It is a product that allows efficient diversification across global developed markets with a small amount of capital, aiming for stable performance relative to the market in both rising and falling markets. Representative stocks include Apple, Microsoft, Amazon from the U.S., Toyota and Sony from Japan, AstraZeneca from the U.K., and Shell. It recorded a 17.3% return over the past year and has shown stable performance with a cumulative return of 111.1% since inception.

Additionally, this ETF is a currency-exposed product, allowing investors to expect additional gains from exchange rate increases when major developed country currencies such as the dollar, yen, and euro strengthen. Gains from trading overseas listed stocks and foreign exchange gains are also exempt from taxation.

Im Tae-hyuk, Head of ETF Management at Samsung Asset Management, said, "The KODEX Developed Countries MSCI World ETF is an ETF that allows diversified investment in high-quality companies across global developed countries with a small amount of capital." He added, "Amid recent inflation concerns and geopolitical risks causing adjustments in risk assets, it shows higher defensive strength than the major U.S. indices, making it a product that investors who are burdened by exposure to specific countries can invest in with peace of mind."

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