KIWOOM 200TR ETF Surpasses 1 Trillion Won in Assets Under Management

Kiwoom Asset Management announced on September 10 that the assets under management (AUM) of its exchange-traded fund (ETF), "KIWOOM 200TR ETF," have surpassed 1 trillion won. This marks a 47% increase from approximately 686 billion won at the end of last year. The net buying amount so far this year has exceeded 320 billion won.

The influx of funds is attributed to improved investor sentiment following the government's strengthened shareholder return policies and other capital market revitalization measures in the first half of the year, as well as recent expectations surrounding the potential increase in the major shareholder threshold for stock transfer taxes. ETFs tracking the KOSPI200 index, which offer stable and diversified investments centered on large-cap stocks, have emerged as a representative investment tool in the stock market.

The KIWOOM 200TR ETF tracks the KOSPI200 Total Return Index (TR). Its structure allows for the automatic reinvestment of dividends from constituent stocks, not just index price fluctuations, thereby realizing a compounding effect. It applies a very low total expense ratio of 0.012% per annum compared to similar products, maximizing investment efficiency. It is considered particularly attractive for long-term investors.

According to financial information provider FnGuide, as of September 9, the year-to-date (YTD) return of the "KIWOOM 200TR ETF" was 40.48%. The three-month return was 15.55%, the six-month return was 31.83%, and the 12-month return was 32.67%, reflecting the strong performance of the domestic stock market.

Under Article 26-2 of the Income Tax Act, revised on July 1, collective investment schemes are now required to settle accounts and distribute at least once a year from the date of establishment. However, domestic equity ETFs are exempt from this obligation under an exception clause, allowing them to maintain the TR structure. As a result, the KIWOOM 200TR ETF, as a leading domestic TR ETF, can fully benefit from the effect of dividend reinvestment under the tax law exception, making its investment appeal even more prominent.

A representative from Kiwoom Asset Management stated, "Surpassing 1 trillion won in assets under management demonstrates the competitiveness of our flagship index ETF even amid market volatility," adding, "We will continue to strengthen our ETF management capabilities to meet investor trust and further solidify our position as a flagship index ETF suitable for long-term investment."

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