| Mobile Web

Search results for Samsung Asset Management

Finance

Samsung Asset Management\'s KODEX ETF net assets top 200 trillion won, double in 226 days

Samsung Asset Management said net assets of its KODEX exchange-traded funds rose above 200 trillion won for the first time in South Korea’s asset management industry, reaching 201.4589 trillion won as of May 29. It said South Korea’s ETF market expanded to 507 trillion won at end-May from 297 trillion won at the start of the year. The firm said retail investors directed 20.6 trillion won into KODEX ETFs this year.

Finance

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.

Finance

Samsung Asset Management to list two KODEX single-stock leverage products on May 27

Samsung Asset Management will launch two single-stock leverage products based on Samsung Electronics and SK Hynix. At a briefing in Seoul on May 26, it introduced management strategy, investment uses and investor precautions for the KODEX products, which are set to list on May 27. The products track twice the daily returns of each stock. The firm said it will use a spot-based leverage structure, a new in-kind creation and redemption design, and an expanded liquidity provider network.