KB Asset Management's 'RISE Korea Value-Up' ETF Joins the 1 Trillion Won Club

Top Performer Among Value-Up Passive ETFs
Leading 3-Month, 6-Month, and 1-Year Returns

KB Asset Management announced on May 7 that the net assets of the 'RISE Korea Value-Up' Exchange-Traded Fund (ETF) have surpassed 1 trillion won.

According to KB Asset Management, the RISE Korea Value-Up ETF has become the first Korea Value-Up ETF to exceed 1 trillion won in net assets.

The fund is also leading its peers in terms of performance. According to FnGuide, as of the previous day, the three-month, six-month, and one-year returns for the 'RISE Korea Value-Up ETF' were 39.65%, 92.11%, and 216.67%, respectively. This ranks it first among passive ETFs tracking the Korea Value-Up Index during this period.

The RISE Korea Value-Up ETF tracks the Korea Value-Up Index, which selectively invests in high-quality domestic companies based on four criteria: profitability, shareholder return, market evaluation, and capital efficiency. The index is composed primarily of companies that have been undervalued for a long period based on price-to-book ratio (PBR) and return on equity (ROE), with a focus on those participating in corporate value enhancement programs.

This ETF charges a total expense ratio of 0.008% per annum, which is the lowest in its category. It also distributes monthly dividends on the 15th of every month.

Yook Donghui, Head of ETF Product Marketing at KB Asset Management, stated, "With growing investor interest in shareholder returns and corporate value enhancement, the RISE Korea Value-Up ETF has surpassed 1 trillion won in net assets thanks to its outstanding performance," adding, "We will continue to provide various solutions to help investors effectively reflect structural changes in the Korean stock market in their investments."

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