Increasing Returns with Buyback... BNK Asset Management Launches Korea's First Buyback-Related Fund

BNK Asset Management is holding a commemorative event for the listing of the BNK Shareholder Value Active ETF.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] On the 27th, BNK Asset Management launched the 'BNK Shareholder Value Active ETF,' which increases returns through buybacks for the first time in Korea, marking its debut in the ETF market.

A buyback refers to a company repurchasing its own shares.

The newly listed ETF is an exchange-traded fund that actively invests in companies with aggressive share repurchases and high dividends, focusing on ‘Shareholder Yield’ and concentrating investments on shareholder-friendly companies.

The underlying index, the ‘FnGuide Shareholder Value Index,’ consists of mid-to-large cap companies listed on the KOSPI and KOSDAQ markets with the highest shareholder yields, and also considers the share repurchase rate, which is the ratio of actual repurchased shares to the publicly announced repurchase quantity.

A BNK Asset Management official stated, “The BNK Shareholder Value Active ETF aims to achieve higher performance compared to the underlying index based on an excess return strategy,” adding, “We will pursue differentiated performance by linking corporate shareholder return events such as stock splits, bonus issues, and share cancellations, which are used as stock price boosting measures, to investment.”