KB Securities Lists Two Japanese Industry Theme ETNs

On the 15th, KB Securities announced on the 14th that it will newly list two Japan industry-themed Exchange Traded Notes (ETNs), 'KB Japan Robotics TOP 10 ETN' and 'KB Japan Consumer TOP 10 ETN.'

The KB Japan Robotics TOP 10 ETN focuses on the robotics industry among stocks listed on the Tokyo Stock Exchange in Japan, while the KB Japan Consumer TOP 10 ETN concentrates on the consumer goods industry.

KB Securities explained that due to the recent yen depreciation and signs of economic recovery in Japan, interest in the Japanese market is increasing. Currently, most Exchange Traded Products (ETPs) listed domestically track major Japanese indices, so these related ETNs were launched to meet the demand for investment in more diverse themes. Both products are currency-exposed, and are expected to attract the attention of investors interested in the yen and promising sectors in Japan.

The German index provider Solactive calculates indices that focus on the robotics industry and the consumer goods industry among stocks listed on the Tokyo Stock Exchange based on specific criteria. For robotics, there is the 'Solactive Japan Robotics & Machinery Index NTR,' and for consumer goods, the 'Solactive Japan Consumer Index NTR.' Accordingly, KB Securities launched two ETNs based on these indices. The KB Japan Robotics TOP 10 ETN consists of Japanese industrial robot and machinery companies that have been continuously growing due to increased demand for factory automation following the COVID-19 pandemic. The KB Japan Consumer TOP 10 ETN includes many stocks that can benefit from the increased demand for travel to Japan, boosted by the yen reaching levels not seen in the past decade.

All these products are currency-exposed, meaning they are affected not only by fluctuations in the underlying indices but also by changes in the KRW-JPY exchange rate. Additionally, the total fee for these ETNs is 0.45% per annum, which is reflected daily in the final indicative value (IV) on a pro-rata basis. The maturity is 5 years, allowing trading until December 6, 2028, after which they will be delisted.

Kim Byung-gu, Head of Passive Sales Division at KB Securities, said, "We are doing our best to provide a wide range of products to satisfy diverse investor demands," adding, "We plan to actively supply products not only those concentrated in the market but also with foresight looking toward the future."

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