FNGuide Index-Tracking ETFs Surpass 30 Trillion Won in Net Assets

FNGuide, a leading private index provider in Korea, announced on October 27 that the total net asset value (NAV) of exchange-traded funds (ETFs) managed based on its indices has surpassed 30 trillion won.

During October alone, the total NAV of ETFs based on FNGuide indices increased by 3.8 trillion won, accounting for about 20% of the overall market growth. Since the beginning of this year, the NAV has grown by 110% compared to the end of last year, with a high average monthly growth rate of 7.7%. This marks the most prominent growth among the top five domestic index providers. As a result, FNGuide has firmly secured its position as the unrivaled leader among domestic equity index providers, excluding the Korea Exchange.

During the same period, the total NAV of the entire domestic ETF market exceeded 269 trillion won. The KOSPI Index also reached an all-time high, surpassing the 4,000 mark during intraday trading, highlighting the overall strong growth of the market.

As of September 24, there were 10 ETFs based on FNGuide indices with a NAV exceeding 1 trillion won, a significant increase from just two at the end of last year. 'SOL Shipbuilding TOP3 Plus' by Shinhan Asset Management, 'PLUS High Dividend Stocks,' and 'PLUS K-Defense' ETFs by Hanwha Asset Management each recorded a NAV increase of over 1 trillion won this year, attracting strong investor interest. Among them, 'SOL Shipbuilding TOP3 Plus' achieved a NAV of approximately 1.76 trillion won, ranking first among domestic equity-themed ETFs.

FNGuide continues to develop a wide range of indices to meet various investment demands, not only for domestic and overseas equity indices but also for bond indices based on its proprietary bond index calculation engine. This includes bond-mixed products suitable for pension account investments, thereby contributing to greater product diversity and investor choice in the ETF market.

An FNGuide representative stated, "The index industry is rapidly evolving, driven by data competitiveness and technological prowess," adding, "FNGuide will further advance its AI-based analytics and automated calculation systems to grow into an infrastructure that delivers global-level index quality and efficiency."