F&Guide Index-Tracking ETF Net Assets Surpass 12 Trillion Won

[Asia Economy Reporter Minji Lee] FnGuide announced that the total net assets of ETFs operated based on the indices published by the company have surpassed 12 trillion KRW.

Since starting its index business in 2006, FnGuide has gradually increased its influence in the domestic ETF market. As of the end of September, out of the total net assets of 63.6 trillion KRW in the domestic ETF market, ETFs tracking FnGuide indices hold about a 17.3% market share, with 110 ETFs currently tracking FnGuide indices as of October this year.

The ETF tracking FnGuide indices with the highest current net assets is Samsung Asset Management’s ‘KODEX Short-Term Bond’ ETF, with 2.33 trillion KRW. Other notable products include Samsung Asset Management’s ‘KODEX Samsung Group Stocks’ with 1.77 trillion KRW, Mirae Asset Management’s ‘TIGER TOP10’ with 1.24 trillion KRW, Mirae Asset Management’s ‘TIGER Secondary Battery Theme’ with 1.15 trillion KRW, and Samsung Asset Management’s ‘KODEX Secondary Battery Industry’ with 1.05 trillion KRW.

An FnGuide representative stated, “Based on our vast financial data and financial solutions, we plan to contribute to the development of the ETF market through discovering new thematic indices and producing global indices.”