KB Asset Management's "RISE ETF" Surpasses 30 Trillion Won in AUM... Up 47% This Year Alone
A 9 Trillion Won Increase in Just 4 Months, Rising from 21 Trillion Won at the Start of the Year
Popularity of Samsung Electronics SK hynix Bond Mix 50 and Korea Strategic Industry Active ETFs
KB Asset Management announced on April 29 that its exchange-traded fund (ETF) brand, "RISE ETF," has surpassed 30 trillion won in total assets under management (AUM).
According to KB Asset Management, the total AUM of RISE ETF grew by more than 47% in just four months, increasing from 21.0866 trillion won at the beginning of this year to over 30 trillion won.
Earlier, KB Asset Management renewed its ETF brand to "RISE ETF" in July 2024 and has since strengthened its brand competitiveness. "RISE" stands for "Rise Tomorrow," signifying investments that rise for the coming day. Currently, 137 ETF products are being managed under the RISE brand. KB Asset Management continues to expand its lineup of strategic products tailored to market changes, sustaining its growth momentum.
In particular, the "RISE Samsung Electronics SK hynix Bond Mix 50" ETF, launched in February this year, has quickly attracted significant capital due to its popularity. This product invests 50% in the semiconductor industry's top two companies, Samsung Electronics and SK hynix, and the remaining 50% in high-quality bonds, pursuing both growth and stability. As of today, the fund's AUM stands at 1.49 trillion won, making it the largest among newly listed ETFs this year.
The "RISE Korea Strategic Industry Active" ETF, which was listed in January, has also delivered strong performance with a return of 44.8% over the past three months. This ETF is a multi-theme active ETF investing in Korea's key growth industries, including defense, artificial intelligence (AI), semiconductors, and bio. It adopts a strategy of flexibly adjusting its portfolio in response to changes in the market environment.
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Yook Donghwi, Head of ETF Product Marketing at KB Asset Management, said, "Surpassing 30 trillion won in RISE ETF AUM is the result of proactively reading market trends and consistently introducing products that meet investor demand. As the domestic ETF market reaches the 400 trillion won milestone, we will continue to expand our lineup of strategic ETFs, including hybrid, active, and income-type products, to cater to a wide range of customer investment goals."
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