Samsung Asset Management Lists KODEX 200 Active ETF

Samsung Asset Management announced on the 29th that it will newly list the KODEX 200 Active ETF.

KODEX 200 Active is a product launched to meet the expectations of investors seeking stable excess returns while tracking the KOSPI 200 index, which represents the domestic stock market. It is expected to grow into a stable active ETF representing the domestic stock market.

KODEX 200 Active invests not only in the constituent stocks of the benchmark KOSPI 200 PR index but also in stocks expected to be included. It adjusts the weighting by simultaneously considering factors such as size, value, and profitability of the investment targets. By utilizing active strategies related to index management such as factor rotation strategy, arbitrage, event trading, and IPO investment, it aims to achieve stable excess returns of about 3-5 percentage points annually including dividends. The total fee is 0.15%.

The ETF relatively expands the proportion of small-cap stocks, low Price Book-value Ratio (PBR), and high Gross Profitability (GPA), and actively responds to issues with seasonal performance variations. It also conducts statistical switching trades using price discrepancies between preferred and common stocks, and between holding companies and subsidiaries.

The KODEX 200 Active ETF offers lower fees compared to general domestic index funds while pursuing excess performance over the benchmark through excess return strategies.

Kwon Gu-hwang, a manager at Samsung Asset Management, said, "With the listing of KODEX 200 Active, we have added a product lineup that tracks the KOSPI 200 while pursuing excess returns, in addition to KODEX 200 and KODEX 200TR." He added, "For individual investors, it is an active ETF that allows long-term investment in the domestic market through retirement pension and pension savings accounts. For institutional investors, it will be a good investment tool as an active ETF that generates stable excess returns with low fees."

With the listing of the KODEX 200 Active ETF, Samsung Asset Management became the first domestic ETF management company to operate 200 ETFs in 22 years. Since launching KODEX 200, the first domestic ETF in 2002, Samsung Asset Management has led the domestic ETF market by introducing various types of ETFs such as leveraged, inverse, overseas, bond, and active ETFs for the first time in the domestic market. KODEX ETFs include 111 domestic ETFs and 89 overseas ETFs by region, and 121 equity ETFs, 31 bond ETFs, and 48 others by product type. The total net asset size reaches 63 trillion KRW.

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