▷ Leverage ETFs Join 'Trillion Club' as Korean Market Surges, 100 ETFs Now Available
- The number of ETFs with total assets under management (AUM) exceeding 1 trillion won has surpassed 100 for the first time.
- As of May 28, there are 102 ETFs listed in Korea with AUM over 1 trillion won.
- This marks an increase of 36 from 66 at the end of last year, achieved in just six months.
- The rise of mega ETFs is also notable; the number of ETFs with AUM exceeding 5 trillion won has grown from 6 at the end of last year to 16 currently.
- The overall size of the ETF market is rapidly expanding, with total AUM nearing a record 500 trillion won, the highest level ever.
- The concurrent bullish trends in domestic and international stock markets this year are key factors driving the growth of the ETF market.
- High-risk, high-reward products based on single stocks have also gained popularity, broadening the ETF market's appeal.
- Recently launched single-stock leverage ETFs for Samsung Electronics and SK Hynix, including Samsung Asset Management's KODEX Samsung Electronics Single Stock Leverage ETF and KODEX SK Hynix Single Stock Leverage ETF, surpassed 1 trillion won in AUM shortly after their listings.
- The proportion of ETF investments through retirement and personal pension accounts is steadily increasing, with more investors utilizing ETFs as long-term investment tools.
◆ Major Reports
▷ Beyond Space: Back to the Essence of Securities Industry [Shinhan Investment Corp]
- Despite expectations for record earnings this year due to the stock market boom, other securities stocks are increasingly being overlooked.
- This is attributed to a concentration of demand in Mirae Asset Securities due to anticipation surrounding the SpaceX listing.
- Once the SpaceX listing and related momentum dissipate, there may be a shift in demand towards stocks with improved market conditions and earnings.
- In the process of setting new records for the KOSPI, Kiwoom Securities and Korea Financial Group are highlighted as top picks.
- In the event of increased market volatility, NH Investment & Securities, with an expected 6% dividend yield, warrants attention.
◆ Major Announcements After Market Close (May 29)
▷ Caregen terminates two overseas supply contracts for hair loss products, totaling 39.9 billion won.
▷ KCC Construction secures a contract for the construction of business facilities in the Gwanseong 8 district redevelopment project worth 139 billion won.
▷ RNTX changes its CEO from Seong-Young Cheol to Hwang Seong-Hwan after transferring management rights.
▷ RNTX appoints Min Shim-Sook and Kim Hyun-Soo as new outside directors following the resignation of Lee Jae-Ho.
▷ Hanmi Pharmaceutical receives approval from the Ministry of Food and Drug Safety (MFDS) for Phase 3 clinical trial plans for HCP1803-4.
▷ Nexton & Roll Korea decides on a capital increase of 4 billion won.
◆ Fund Trends (as of May 28, excluding ETFs)
▷ Domestic Equity: -191.9 billion won
▷ Overseas Equity: -166.8 billion won
◆ Key Schedule for Today (June 1)
▷ South Korea: May exports
▷ China: May RatingDog Manufacturing PMI
▷ Japan: Q1 capital expenditure
▷ Germany: April retail sales
▷ United States: May ISM Manufacturing Index
* This article has been translated by AI.
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