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Samsung Asset Management defends single-stock leveraged ETF fees by stressing liquidity

Samsung Asset Management put fees for single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix at the top end of the industry, drawing attention as issuers cut fees. The firm said investors should focus on liquidity, bid-ask spreads and cost savings from an in-kind creation and redemption structure. An executive said total fees and trading costs differ, and short holding periods make spreads more influential on returns than annual charges.