[2020 Asia Fund Awards] Korea's First Currency ETF Makes Dollar Investment Easier

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Asset Management, selected as the Best ETF Manager in the 11th Asia Fund Awards, has been recognized for leading investor-friendly changes in the domestic ETF market.

Kiwoom Asset Management launched KOSEF200, the first ETF in Korea, in 2002, and in 2018 introduced KOSEF200TR with the lowest total expense ratio in the country at 0.012%. Additionally, during the recent dollar strength phase, it has provided investors with an easy way to invest in the dollar through the KOSEF Dollar series, Korea's first currency ETFs, without the need to use complex instruments such as won-dollar futures or dollar deposits.

Kiwoom Asset Management is also the company that launched Korea's first bond-type ETF. It offers a diverse lineup ranging from short-term products like KOSEF Short-term Funds and KOSEF Monetary Stabilization Bonds 1 Year to KOSEF 10-Year Treasury Bond Leverage. Recently, during the interest rate decline period, KOSEF 10-Year Treasury Bond and KOSEF 10-Year Treasury Bond Leverage have enabled investors to easily access long-term bonds with small amounts based on good returns. Furthermore, it has been highly evaluated for pioneering products with low fees that cover various investment targets, including KOSEF India Nifty50 (Synthetic), which invests in the Indian index that was difficult to access due to various regulations.