Kiwoom "KIWOOM Korea Value-Up ETF" Surpasses 100 Billion Won in Net Assets

3-Month Return of 41.97%

Kiwoom Asset Management announced on the 19th that the net assets of the "KIWOOM Korea Value-Up ETF" exceeded 100 billion won as of the 12th.

According to financial information provider FnGuide, as of the 13th, the ETF's returns were recorded as follows: +36.65% year-to-date, +21.67% over the past 1 month, +41.97% over the past 3 months, +93.36% over the past 6 months, and +150.93% over the past 12 months.

Recently, expectations for resolving the so-called "Korea discount" in the domestic stock market have been rising, as the government's capital market revitalization policies and major companies' moves to strengthen shareholder returns have entered full swing. According to the Korea Exchange, the Korea Value-Up Index reached an all-time high of 2,330.71 points on January 30, continuing a strong upward trend.

In particular, major large-cap listed companies such as SK Hynix and Samsung Electronics have announced large-scale share repurchase and cancellation programs, as well as plans to increase cash dividends. Market observers say that these corporate value-enhancing policies are developing into a phase of substantial expansion in shareholder returns.

Against this backdrop, investor interest in the "KIWOOM Korea Value-Up ETF" has been expanding rapidly. The ETF tracks the KRX Korea Value-Up Index and invests in 100 companies selected from domestically listed stocks that meet market representativeness and liquidity requirements, and that also exhibit strong qualitative indicators such as profitability, shareholder returns, market valuation, and capital efficiency.

As of the 13th, the top five constituent stocks were SK Hynix (28.19%), Samsung Electronics (19.42%), Hyundai Motor (5.23%), KB Financial Group (4.07%), and Shinhan Financial Group (3.37%).

The total expense ratio is 0.009% per year, offering a very low-cost structure compared with other value-up ETFs of the same type. The company explained that it has enhanced cost efficiency, given that fee differences in long-term investment can affect cumulative returns.

Lee Kyungjoon, Head of ETF Management at Kiwoom Asset Management, said, "Corporate value-enhancing policies are developing into a structural change rather than a short-term event," adding, "For long-term investors, being able to implement a value-up strategy focused on large, high-quality companies at a low fee level will be a meaningful option."

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