IBK Asset Management Renames ETF Brand to 'IBK' from 'ITF'
IBK Asset Management announced on May 12 that it will change its ETF brand name from 'ITF' to 'IBK'.
According to IBK Asset Management, the brand renewal aims to make its ETFs easier and more familiar for investors to recognize.
Until now, IBK Asset Management has expanded its ETF lineup, introducing products such as equity, bond, and thematic ETFs under the ITF brand. Recently, in response to increasing demand for retirement pension investments and the growth of the stock market, the company has been strengthening its range of ETF products, including domestic and overseas semiconductor-related ETFs.
Through this brand change, IBK Asset Management plans to incorporate the brand trust of IBK Financial Group across all ETF products, and to build a brand that investors can more easily understand and choose.
Existing product names will also be updated with the new brand name. For example, 'ITF K-AI Semiconductor Core Tech ETF' will be changed to 'IBK K-AI Semiconductor Core Tech ETF'.
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An IBK Asset Management official stated, "Brand awareness and trust are key factors influencing investor decisions in the ETF market. Based on the trust of IBK Financial Group, we will develop the brand to help customers make easier and more convenient choices." The official added, "We also plan to continue launching investor-focused products every month going forward."
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