KB Asset's two U.S. index ETFs top 3 trillion won

KB Asset Management said on the 13th that the combined net assets of its RISE US S&P 500 and RISE US Nasdaq 100 exchange-traded funds have surpassed 3 trillion won, or about $2.1 billion, as investors continued allocating to low-fee, long-term exposure to major U.S. equity benchmarks despite heightened market volatility. The RISE US S&P 500 tracks 500 large-cap companies representing about 80% of U.S. equity market capitalization, while the RISE US Nasdaq 100 physically tracks the Nasdaq 100, including companies such as Apple, Google, Microsoft, Amazon and NVIDIA. KB said the products carry industry-low annual total expense ratios among South Korean ETFs tied to the same indexes, at 0.0047% and 0.0062%, and can be held in personal pension, DC and IRP retirement accounts while trading domestically in won. On the same day, Samsung Asset Management said its KODEX 200 Covered Call Active reached 536.4 billion won, or about $379.6 million, in net assets about one month after listing on the 14th of last month, with individual investors buying a net 465.2 billion won. The fund ranked first in individual net buying among domestic covered call ETFs over the past month and third among all ETFs including leveraged products. It paid 153 won per share at the end of last month, for a monthly distribution yield of about 2.1%, with a second monthly payout scheduled for the end of this month. The contrast between steady inflows into plain index trackers and rapid asset gathering by a covered call product underscores bifurcated demand as investors seek both long-term benchmark exposure and regular cash flow in volatile markets.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.