"FNGuide Index-Tracking ETFs Surpass 22 Trillion Won in Net Assets"

FNGuide, a leading private index provider in South Korea, announced on July 15 that the total net asset value of domestic exchange-traded funds (ETFs) based on its indices has surpassed 22 trillion won.

This milestone was achieved just three weeks after the total net asset value first exceeded 20 trillion won. The company also regained a market share of 10%. During the same period, the overall size of the domestic ETF market increased by approximately 9 trillion won. FNGuide has led this growth trend by capturing more than 20% of the increase.

Among ETFs based on FNGuide indices, the product that delivered the most notable performance this year is "PLUS High Dividend Stocks." Reflecting heightened expectations for dividends, including follow-up discussions on the amendment to the Commercial Act, its net assets increased by about 930 billion won compared to the beginning of the year, reaching 1.39 trillion won. In addition, ETFs such as "PLUS K-Defense" and "SOL Shipbuilding TOP3 Plus" have also shown significant growth, each surpassing 1 trillion won in net assets.

Amid these trends, attention continues to focus on the so-called "Jigeumjobangwon" themes, which include holding companies, finance, shipbuilding, defense, and nuclear power.

Kim Mingeun, head of the FNGuide Index Development Team, stated, "This is a meaningful achievement accomplished through a variety of thematic indices that cover the domestic market," adding, "We will continue to do our best to develop thematic and strategic indices that meet investors' needs."

He went on to say, "We have already established a system capable of calculating indices based on not only domestic but also overseas stocks," and added, "We are also preparing to supply benchmark indices related to virtual assets in line with upcoming legislation on virtual assets."