Korea Exchange Launches Investment in 'Corporate Value-Up Fund' and Promotes Additional Fundraising

The Korea Exchange announced on the 20th that it has completed the establishment of sub-funds for the Corporate Value-Up Fund and will begin full-scale corporate value-up investments starting from the 21st.

Korea Exchange, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@

Five securities-related organizations, including Korea Exchange Co., Korea Securities Finance Corporation, Korea Securities Depository, Korea Financial Investment Association, and Koscom Co., Ltd., established the Corporate Value-Up Fund, a fund of funds utilizing a private pension investment pool worth a total of 200 billion KRW, on the 4th to support the Corporate Value-Up Program.

The main investment targets are value-up exchange-traded funds (ETFs), index constituent stocks, and value-up disclosed stocks not included in the index.

The securities-related organizations have decided to additionally raise 300 billion KRW for the fund and plan to expedite the process aiming for completion within the year to foster an early establishment of a value-up investment culture.

A Korea Exchange official stated, "The additional fundraising of this fund is expected to contribute to the spread of a value-up related investment culture and the revitalization of the stock market," adding, "The Korea Exchange and securities-related organizations will continue to prepare various measures to ensure the Corporate Value-Up Program gains momentum and provide ongoing support."