Top 3 ETFs with the Highest Net Asset Growth in October?

Samsung Asset Management announced on the 3rd that KODEX ETFs occupied the top three positions in the monthly net asset increase rankings for October.

The number one spot for monthly net asset increase was taken by KODEX CD Interest Rate Active, which grew by 1.09 trillion KRW, followed by KODEX KOFR Interest Rate Active with an increase of 570 billion KRW, and KODEX 24-12 Bank Bond Active, which grew by 540 billion KRW. The investor preference for parking-type and maturity-matching ETFs continued through October.

During October, the KOSPI and KOSDAQ recorded declines of -7.6% and -12.5%, respectively, while the US S&P 500 and NASDAQ also fell by -2.2% and -2.8%, respectively. As a result, the net assets of equity ETFs decreased by approximately 2.4 trillion KRW from 50.6 trillion KRW at the end of September to 48.2 trillion KRW.

Amid this, investor funds concentrated on relatively stable income products such as parking-type and maturity-matching ETFs, helping the overall ETF market to hold steady with a slight decrease from 109 trillion KRW at the end of September to 108.7 trillion KRW at the end of October.

In fact, KODEX CD Interest Rate Active, which ranked first in monthly net asset increase, recorded a net asset increase of 1.09 trillion KRW during October, surpassing 3 trillion KRW in net assets in just 84 trading days since its listing on the 11th of last month, setting a record for the shortest time to reach this milestone.

KODEX 24-12 Bank Bond Active also increased its net assets by 540 billion KRW over the month, breaking the 1 trillion KRW mark in net assets in just 29 trading days since its listing on the 27th, setting a record for the shortest time to reach this milestone.

This preference for parking-type and maturity-matching products is expected to continue for the time being. With the global high interest rate environment persisting and uncertainties in the stock market likely to continue for a considerable period due to the Ukraine crisis followed by conflicts in the Middle East region, investors are expected to favor these products.

Kim Do-hyung, Head of ETF Consulting at Samsung Asset Management, said, “Until the end of last year, equity products accounted for 51.4% of the domestic ETF market, but new bond-type products including CD interest rate, KOFR interest rate, SOFR interest rate, and maturity-matching ETFs have continuously emerged, attracting investor interest. As of last month, the proportion of equity ETFs has decreased to around 44.3%, enhancing the overall portfolio stability of the ETF market.” He added, “Samsung Asset Management will continue to introduce differentiated products investing not only in domestic and international equity ETFs but also in bonds and other assets, diversifying the product lineup so that investors can choose according to market conditions.”

Samsung Asset Management has consistently supplied various types of bond ETFs to the market, including domestic and overseas bond ETFs with short, medium, and long durations, maturity-matching bond ETFs with various maturities, interest rate ETFs, and recently launched iShares US bond ETFs in partnership with BlackRock.

Meanwhile, the total net assets of Samsung Asset Management’s KODEX ETFs reached 45.4 trillion KRW as of the end of October, an increase of 900 billion KRW compared to the previous month.

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