Korean Active ETF Market Surpasses $50 Trillion Mark Showing Robust Growth
Korean Active ETF Market Surpasses $50 Trillion Mark Showing Robust Growth
The Korean active exchange-traded fund (ETF) market has exceeded the remarkable $50 trillion mark this year, demonstrating impressive growth. According to the Korea Exchange, the net asset total of domestic active ETFs has risen to 54.517 trillion won since the beginning of the year, with these ETFs achieving excess returns compared to their benchmark indices. Notably, the KODEX K-New Renewable Energy Active ETF showed a stellar performance with an excess return rate of 45.19 percentage points. Timefolio Asset Management also stood out with eight ETFs achieving excess returns, drawing significant attention. On the global stage, interest in active ETFs continues to grow. BlackRock projects that global active ETF assets under management will reach $4 trillion by 2030. This represents an expected annual growth rate of 28%, suggesting that active ETFs will continue to experience rapid growth.
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매일경제2024 9月 19
Active ETFs Are Thriving… Half of Them Beat the Index - Maeil Business NewspaperThis year, 109 items have exceeded expectations. Renewable energy and AI have been booming. For the first time in seven years, net assets have surpassed 50 trillion won. Flexible management adapting to market changes shines in volatile conditions.
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매일경제2024 9月 19
Even if the Benchmark Index Falls, ETFs are Positive... Active ETF Market Exceeding 50 TrillionNet assets 54.517 trillion... Increased by 16 trillion this year. Unlike passive, which follows 90% of the benchmark index, it only tracks 70%, and fund managers operate with discretion. Portfolio changes in response to market changes have led to a number of stocks that have exceeded the benchmark index.
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