KB Asset Management announced on July 7 that the 'RISE Korea Value-Up ETF' has surpassed 100 billion KRW in net assets.
This comes as the domestic stock market shows an upward trend and investor sentiment recovers, leading to a concentration of funds in exchange-traded funds (ETFs) that are expected to benefit significantly from value-up policies, such as improvements in corporate governance and expanded shareholder returns.
The RISE Korea Value-Up ETF has established itself as a leading value-up ETF based on its industry-lowest fee structure and a differentiated monthly dividend system.
Recently, the KOSPI index broke through the psychologically significant 3,000-point level. This development is attributed to several factors: the easing of political uncertainty, increased liquidity through the formation of an extra budget, and heightened expectations for enhanced corporate value following amendments to the Commercial Act.
Expectations for resolving the 'Korea Discount' are also rising as the government's capital market advancement policies, as well as listed companies' share buybacks, increased dividends, and improvements in corporate governance, are being actively implemented.
The performance of the RISE Korea Value-Up ETF has been strong, matching the high level of investor interest. Since the beginning of the year, it has recorded a return of 33.98%. The returns for the most recent one-month and three-month periods were 16.59% and 25.98%, respectively.
The ETF is also considered suitable for investors who prioritize stable cash flow, as it offers a monthly dividend structure with payouts on the 15th of each month.
The total expense ratio of the RISE Korea Value-Up ETF is approximately 0.008% per year, making it the most affordable among ETFs tracking the same index. This low cost is especially appealing to pension funds and individual investors, as it significantly reduces the burden of long-term investment.
No Areum, Head of the ETF Business Division at KB Asset Management, stated, "The RISE Korea Value-Up ETF is a product that can directly benefit from the structural changes in the domestic stock market and value-up policies. Based on its industry-lowest fee and monthly dividend, it continues to attract steady inflows by meeting the diverse needs of investors."
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