KB Securities Lists Two New 'KB India ETN' Products

KB Securities announced on the 10th that it will newly list exchange-traded notes (ETNs) investing in the Indian stock market on the 11th.

India, with a population of 1.4 billion and an average age of only 27, is attracting global investors' attention as a market with high growth potential by achieving rapid economic growth led by the government and industrial expansion through digital transformation. Accordingly, KB Securities launched the 'KB India Large Growth Select 5 ETN' and 'KB India Digital Select 5 ETN' to enable individual investors to easily invest in the Indian stock market.

The KB India Large Growth Select 5 ETN is a product that invests in the top 5 companies by market capitalization in India that have achieved at least 10% sales growth over the past year, focusing on growth while diversifying risk.

The KB India Digital Select 5 ETN invests in the top 5 companies by market capitalization leading digital innovation, concentrating on core companies in government-led industries such as Prime Minister Modi's 'Digital India' policy.

All of these listed products are currency-exposed products linked not only to stock performance but also to fluctuations in the Indian rupee. The total fee is 1.19%, with a maturity of 5 years, and trading will be possible until April 2, 2030, after which they will be delisted.

Kim Byung-gu, Head of Passive Sales Division at KB Securities, said, "There have not been many exchange-traded products (ETPs) focused on the Indian market so far, but we expect this Indian product launch to be a good means of investing in India," adding, "KB Securities plans to continuously supply a wide range of products by introducing various India-themed series in the future."

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