Samsung Asset Management's KODEX NASDAQ 100 exchange-traded fund (ETF) has surpassed 10 trillion won in assets. This growth is attributed to increasing investment demand in major U.S. tech companies, driven by long-term contributions from individual investors.
On October 15, Samsung Asset Management announced that the total net assets of the KODEX NASDAQ 100 reached 10.1509 trillion won. This achievement comes approximately five years and six months after its launch in April 2021, marking the fastest record among domestic ETFs tracking the NASDAQ 100 index.
The KODEX NASDAQ 100 tracks the NASDAQ 100 index, which is composed of 100 leading companies in the global AI and technology sectors, including NVIDIA, Apple, Microsoft, Broadcom, Amazon, and Google.
This ETF has become a key investment product for individual investors looking to diversify their portfolios in global innovative companies at relatively low costs, particularly for long-term savings and retirement accounts.
Notably, this year has seen a significant influx of funds from individual investors. The net purchase amount for the KODEX NASDAQ 100 by individual investors this year reached 3.2988 trillion won, the highest among domestic ETFs tracking the NASDAQ 100 index. Samsung Asset Management explained that the growth in net assets was driven by long-term investment funds focused on the growth potential of U.S. tech stocks rather than short-term profit-seeking funds.
Investment performance has also been a factor influencing investor interest. The KODEX NASDAQ 100 has recorded a return of 11.78% since the beginning of the year, with returns of 50.04% and 102.18% over the past two and three years, respectively.
Samsung Asset Management emphasized that its competitive edge lies in maintaining low fees and a low tracking error rate, which reflects the difference between the index and the actual ETF returns.
Lim Tae-hyuk, head of the ETF management division at Samsung Asset Management, stated, "The KODEX NASDAQ 100 has reached a significant milestone of 10 trillion won in net assets, having been chosen as a reliable partner for individual investors' long-term asset formation. This achievement is a result of our meticulous tracking error management and proven operational capabilities, which have earned the trust of our clients. We will continue to manage the fund in a stable and efficient manner going forward."
* This article has been translated by AI.
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