KB Asset Management said on Dec. 3 that its RISE Korea Value-Up ETF has passed 300 billion won in net assets.
The company said the ETF’s strengths include what it described as industry-low fees and monthly dividends. It said the fund has a year-to-date return of 74.36 percent, with three-month and six-month returns of 30.04 percent and 51.35 percent.
Yuk Donghwi, head of ETF product marketing at KB Asset Management, said the product is the largest among value-up ETFs based on the strengths of profitability, shareholder returns and capital efficiency. He said its total fee of 0.008 percent makes it a suitable alternative to KOSPI200 ETFs.
About the Author
Oh Sangyeob
yub@d-today.co.kr