FnGuide Index-Tracking ETFs Surpass 25 Trillion Won in Net Assets

FnGuide, a leading private index provider in South Korea, announced on September 12 that the total net asset value of exchange-traded funds (ETFs) operated based on its indices has surpassed 25 trillion won.

This achievement comes just about two months after exceeding 20 trillion won in June and 22 trillion won in July. The rapid growth over a short period demonstrates that ETFs based on FnGuide indices are firmly establishing themselves in the domestic market. The significance of this milestone is further heightened by the overall market growth, with the total net asset value of the domestic ETF market nearing 240 trillion won and the KOSPI index reaching an all-time high.

FnGuide classifies industries using its proprietary FnGuide Industry Classification Standard (FICS) and applies its own keyword analysis methodology to carefully select stocks that have a high correlation with each theme for index composition. Additionally, the company strengthens the representativeness and investment suitability of its indices through a multi-layered, data-driven stability verification process, striving to provide reliable indices.

Recently, the domestic ETF market has rapidly diversified beyond simply tracking large indices, expanding into thematic, bond, and overseas asset-based products. As investors’ needs become more segmented, demand for ETFs based on customized indices continues to grow. In this market environment, FnGuide’s indices are securing investor trust and driving growth through their differentiation in precisely reflecting themes and industries, as well as their data-based verification process.

Leveraging this competitive edge, FnGuide now supplies indices to approximately 150 out of over 1,000 ETFs listed in Korea, solidifying its unique position as a private index provider. In August, the listing of Shinhan Asset Management’s “SOL Korea Nuclear SMR” and KB Asset Management’s “RISE AI Semiconductor TOP10” ETFs contributed to greater product diversity and expanded investor choice. In September, these two products have recorded net asset value increases of 43% and 11%, respectively, continuing their strong performance.

A FnGuide representative stated, “As a key infrastructure supporting the growth of the domestic ETF market, we will simultaneously pursue investor protection and the enhancement of global competitiveness,” adding, “Through differentiated index products and innovative data-driven services, we will offer investors a wide range of options.”

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