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Samsung Electronics, SK Hynix leveraged ETF launch nears as fee war begins

South Korea’s securities industry is set to list single-stock leveraged and inverse ETFs tracking Samsung Electronics and SK Hynix, triggering a competition among asset managers over fees. Eight managers plan to list 16 products on May 27, including 14 leveraged ETFs and two inverse ETFs, the first such listings in the country. Fee levels vary widely, but the products are geared toward short-term trading, making trading costs and market-making quality key considerations.