F&Guide Continues to Expand Theme Index Lineup

[Asia Economy Reporter Minji Lee] FnGuide, the largest private index company in Korea, announced on the 1st that it plans to continuously expand its lineup of thematic indices this year as well.

As of this date, the number of ETFs tracking indices announced by FnGuide is 116. Their total net asset value (NAV) amounts to 12.4 trillion KRW. Among these, ETFs tracking thematic indices account for 50, representing 42.6% of the total, with an NAV of 5.8 trillion KRW, which corresponds to 46.9% of the total NAV. Representative thematic types include the secondary battery theme (2 ETFs listed in this category, NAV of 2.45 trillion KRW) and the metaverse theme (3 ETFs listed in this category, NAV of 940 billion KRW).

Representative thematic indices to be announced by FnGuide include the Blacksmith Index and the Genetic Innovation Technology Index. The Blacksmith Index is composed of stocks specialized in materials, parts, and equipment. The index components mainly include companies that have shown stable growth and maintain continuous relevance to industries with increasing competitiveness such as mobile phones and semiconductors. The Genetic Innovation Technology Index consists of stocks related to gene editing, gene therapy, and other genetic technologies. This index reflects the increased life expectancy, growing public interest in well-being, and heightened expectations for stocks related to genetic technology.

An FnGuide official explained, “We recently strengthened our research personnel to develop additional thematic indices,” and added, “To precisely select the components of thematic indices, we equipped our proprietary thematic engine with text-based artificial intelligence (AI).”