Samsung Asset Management Sees Record-High Individual Net Purchases in KODEX KOSDAQ150

As the KOSDAQ surpassed 1,000 points, ushering in the 'Chunsdaq era' again after more than four years, the KOSDAQ150 Index-which includes 150 representative stocks from the KOSDAQ-soared by 10.97% in just one day. As a result, the flagship exchange-traded fund (ETF) tracking the KOSDAQ, KODEX KOSDAQ150, saw a record influx of funds.

Samsung Asset Management announced on the 27th that individual net purchases of the KODEX KOSDAQ150 ETF reached 595.2 billion won on the 26th alone. This marks the largest single-day net purchase by individuals in the 24-year history of domestic ETFs. It far surpassed the previous record held by KODEX Leverage (438.2 billion won), setting a new milestone. The trading volume of KODEX KOSDAQ150 also hit 2.26 trillion won in a single day, recording the highest daily trading value among all equity ETFs, both domestic and international.

KODEX KOSDAQ150 is the largest KOSDAQ-related ETF in Korea (excluding leveraged types). It is known as an investment product widely used by both individual and institutional investors, as it enables easy access to the KOSDAQ market through ETFs.

The KODEX KOSDAQ150 Leverage ETF, which tracks twice the daily returns of the KOSDAQ150 Index, also surged 22.95% on the same day. Individual net purchases reached 274.9 billion won on the 26th, breaking the record for the largest single-day net purchase since its listing.

The KOSDAQ’s climb past the 1,000-point mark is attributed to expectations for KOSDAQ market revitalization policies, as well as a shift in funds toward the KOSDAQ, which had risen less than the KOSPI, leading to increased inflows.

While the KOSPI rose 75.6% over the past year, the KOSDAQ gained only 36.5%, less than half that rate. In January, the KOSPI climbed 17.5% and the KOSDAQ 15.0%, indicating that funds previously concentrated in large-cap KOSPI stocks are now shifting into the KOSDAQ market.

Lee Daehwan, a manager at Samsung Asset Management, said, “The achievement of 1,000 points in the KOSDAQ, along with the record-high individual net purchases of KODEX KOSDAQ150, was driven by expectations for KOSDAQ-related policies and the shift of funds into the KOSDAQ market. Going forward, investor sentiment is expected to further concentrate on KODEX KOSDAQ150 and KODEX KOSDAQ150 Leverage, which offer the fastest and most efficient access to the KOSDAQ market.”