Financial data firm FnGuide said Tuesday that total net assets in exchange-traded funds based on indexes it developed have surpassed 40 trillion won. The total topped 30 trillion won about three months ago.
Over that period, net assets in the KODEX AI Semiconductor ETF rose about 310%, to 2.1 trillion won from roughly 500 billion won. TIGER Semiconductor TOP10 climbed about 190%, to about 4.1 trillion won from 1.4 trillion won.
FnGuide said the gains reflect concentrated demand for related investments as shares of Samsung Electronics and SK hynix repeatedly hit record highs.
FnGuide said it runs its index business on its in-house platform, FNAIDX, which automates the full process of index development and validation. The system uses data to cover everything from generating theme ideas to selecting components, running simulations and verifying performance.
A FnGuide official said that in a favorable market environment, nine of the top 10 domestic equity theme indexes by net assets are based on FnGuide indexes. The official said the company plans to expand index development beyond equities to overseas markets, bonds and crypto assets, while upgrading its index design and validation framework to respond to longer-term market shifts.
* This article has been translated by AI.
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