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Finance

Samsung Asset Management\'s KODEX Kosdaq150 sets record net retail buying

Samsung Asset Management said net retail buying of its KODEX Kosdaq150 ETF totaled 595.2 billion won on Jan. 26, the largest such daily figure in South Korea’s ETF market over the past 24 years. It also said the fund’s daily turnover reached 2.26 trillion won, a record for stock ETFs including domestic and overseas types. A related leveraged ETF rose 22.95 percent and also posted a post-listing record in net retail buying.

Finance

KOSPI breaks 5,000; what is President Lee Jae-myung\'s ETF return?

South Korea\'s KOSPI broke above 5,000 in intraday trade on Jan. 22, lifting returns on exchange-traded funds bought by President Lee Jae-myung. He bought 40 million won of domestic index-tracking ETFs last May and pledged further monthly purchases. Data showed KODEX 200 had returned 103.27 percent and KODEX Kosdaq150 was up 31.40 percent through Jan. 21. ETF net assets have also climbed above 300 trillion won.