20-year-old Kodex "Korea ETF Leads 300 Trillion Won Market"

20th Anniversary of Korea's First Listed ETF 'KODEX'
CEO Seobonggyun's First Public Appearance, Vows to Lead ETF Market

[Asia Economy Reporter Junho Hwang] "We will lead the exchange-traded fund (ETF) market for the next 20 years."

Seobonggyun, CEO of Samsung Asset Management, stated this on the 17th at a press conference held in the Grand Ballroom of Conrad Hotel in Yeouido, Seoul, commemorating the 20th anniversary of the ETF brand 'KODEX'. He said, "We will grow the Korean ETF market to a scale of 300 trillion won within 10 years."

Samsung Asset Management pioneered the domestic ETF market by listing Korea's first ETF, 'KODEX 200', on October 14, 2002. As of the 14th, 144 KODEX ETFs are listed, with total assets under management (AUM) reaching 32.8 trillion won. This accounts for approximately 43.4% market share.

Among them, KODEX 200 ETF has the largest AUM of 4.7843 trillion won among domestic ETFs. Since its listing, its return has reached 430.8%. The annualized return (compound) is 8.8%, making it a representative ETF of Korea. It has grown significantly.

Samsung Asset Management also unveiled its growth strategy for the next 20 years. Choi Changgyu, Head of the ETF Consulting Division, said, "We will lead future trends by building a Samsung global ETF network," and introduced the product launch strategy. He presented, "▲ We will further expand the supply of overseas investment ETF products, ▲ proactively launch excellent products in the rapidly growing active ETF market, ▲ strive to expand the bond-type ETF market, and ▲ continuously launch asset allocation ETFs with embedded investment solutions (TDF ETFs/TRF ETFs/bond mixed ETFs)."

On this day, Samsung Asset Management changed the ETF logo from the red uppercase English letters 'KODEX' to 'Kodex' in black letters with a blue symbol. This logo change was decided through two rounds of voting by Samsung Asset Management employees. Samsung Asset Management evaluated that this strengthened the connection with 'Samsung Financial Networks', the joint brand (BI) of Samsung financial companies launched in April.

CEO Seo emphasized, "There is an optimistic forecast that the ETF market size could grow to around 300 trillion won by 2032, 10 years from now, and Samsung Asset Management will do its best to turn this hope into reality."

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