Kiwoom Asset Management announced on October 13 that the total assets under management (AUM) of its 'KIWOOM ETF' have surpassed 5 trillion won. After reaching 4 trillion won in March this year, the AUM increased by more than 1 trillion won in just six months.
The increase in AUM is attributed to three main factors: the rise in the domestic stock market driven by the government's capital market revitalization policies; expectations of interest rate cuts; and the inflow of funds into leading domestic index and bond-type products, combined with the growth of newly listed strategic ETFs.
Over the past six months, the top ETFs by AUM growth included KIWOOM 200TR, KIWOOM 200, KIWOOM Comprehensive Bond (AA- or higher) Active, KIWOOM Treasury Bond 10-Year, and KIWOOM 26-09 Corporate Bond (AA- or higher) Active. Capital inflows were evenly distributed across both representative index and bond-type products.
Investor interest has also been focused on the newly listed strategic ETFs introduced last month. The KIWOOM Korea High Dividend & US AI Tech ETF seeks to combine the stability of domestic high-dividend stocks with the growth potential of US AI technology stocks. The KIWOOM US High Dividend & AI Tech ETF aims to maximize dividend yields through concentrated investment in US high-dividend stocks, while also investing in the growth of AI technology stocks.
Both products combine the stability of high-dividend stocks and the growth of AI technology stocks in a 7-to-3 ratio, with monthly fixed-weight rebalancing. Gains from AI technology stocks are used to purchase additional dividend stocks, implementing a 'structural dividend growth' strategy. The ETFs showed a clear trend of capital inflow immediately after listing. The KIWOOM US High Dividend & AI Tech ETF sold out its initial offering within two days of listing, demonstrating strong demand from individual investors.
The domestic ETF market now exceeds 240 trillion won and continues to grow steadily, with projections suggesting it will quickly expand beyond 300 trillion won. Kiwoom Asset Management plans to continuously expand its differentiated product lineup, enabling investors to invest with confidence and without being swayed by market volatility, thus keeping pace with the rapid growth of the market.
Lee Kyungjun, Head of ETF Management at Kiwoom Asset Management, stated, "We were able to surpass 5 trillion won in AUM thanks to the interest and trust of our investors," adding, "We will continue to prioritize investors' best interests, offer differentiated products, and further solidify our position within the industry."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


