'Real Industry Lowest Fee' KB Asset Management Lowers RISE US S&P500 ETF to 0.0047%

Nasdaq 100 Fee Lowered to 0.0062% Per Year... Industry's Lowest Level
Management Fee at 0.0001%, Effectively 'Zero Fee'

On the 11th, KB Asset Management lowered the fees of three 'RISE ETFs' that track major U.S. indices to the industry's lowest level. They emphasized that through RISE ETFs, investors can invest in U.S. major index exchange-traded funds (ETFs) at the lowest cost in Korea.

KB Asset Management operates a total of three U.S. major index ETFs: ▲RISE U.S. S&P 500 ▲RISE U.S. S&P 500(H) ▲RISE U.S. Nasdaq 100.

The total fees for RISE U.S. S&P 500 and RISE U.S. S&P 500(H) were reduced from an annual 0.01% to 0.0047%. The total fee for RISE U.S. Nasdaq 100 was lowered from 0.01% to 0.0062% per year. The management fees for all three ETFs are 0.0001%, effectively a 'zero (0) fee' level. A KB Asset Management official explained that this is an unprecedented, drastic fee reduction in the domestic ETF industry.

Since rebranding to RISE ETFs in July last year, KB Asset Management has lowered the total fees of 13 global asset ETFs, including U.S. major indices, to 0.01% annually. They are further strengthening their investor-centered lowest fee policy by reducing even the previously industry-low fees.

No Areum, Head of the ETF Business Division at KB Asset Management, said, "The fee reduction is a decision to minimize investors' cost burdens and support a favorable environment for long-term investors as a pension investment partner. Moreover, we will do our best to refine management to return maximum profits to investors."

KB Asset Management plans to actively respond to the changing environment where individual investors increasingly invest retirement funds using pension accounts and other means, and to supply differentiated ETF products based on a deep understanding of investors.

A KB Asset Management official stated, "We plan to continuously expand ways to provide optimal products and services to customers through multifaceted customer and market data analysis."

Past performance does not guarantee future returns, and principal loss may occur depending on management results. When investing in ETFs, investors should consider the synthetic total expense ratio, which includes total fees and other costs, and this can be confirmed through the prospectus.