Domestic ETF Market Competition and Interest Rate Policy Changes
Domestic ETF Market Competition and Interest Rate Policy Changes
In the domestic ETF market, major asset management companies Samsung Asset Management and Mirae Asset Management are competing through the launch of new products. Samsung has listed a buffer ETF, while Mirae Asset has introduced a target date fund ETF for the first time in the domestic market, aiming to expand their market share in the saturated environment. Additionally, Mirae Asset is considering reducing the fees for leveraged and inverse ETFs to enhance investor protection, while Samsung has no such plans, drawing attention to investor and market reactions. The Bank of Korea has lowered the base rate several times, bringing it down to 2.75%, as part of efforts to stimulate the domestic economy. However, due to differences in interest rate policies between the U.S. and Korea, there is a significant divergence in government bond ETF yields. Notably, Korea's 30-year government bond ETF has achieved a 20% return over the past year, attributed to differences in economic outlook uncertainties. Amidst economic contraction, discussions on supplementary budgets are active, and the increase in government bond issuances could lead to future interest rate hikes.
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대한금융신문2025 3月 27
'First' ETFs Clash: Samsung & Mirae Asset Management - Korea Financial NewsThe domestic ETF giants, Samsung Asset Management and Mirae Asset Management, are clashing over being the 'first' in the market. The game of competitive fee reductions surrounding leveraged and inverse ETFs continues. According to industry insiders, on the 25th, Samsung and Mirae Asset each listed buffer ETFs and target date fund (TDF) ETFs in the domestic market. Both firms are vying for investor attention under titles like 'first in Korea' and 'first in the world'. One reason for launching these initial products is the saturation of the domestic market. The current domestic ETF market is valued at 190 trillion won with a total of 906 products listed.
한국경제2025 3月 26
1-Year Return of 20%...The Charm of Bond ETFs Surpassing Stocks1-Year Return of 20%...The Charm of Bond ETFs Surpassing Stocks, Long-term bond prices rise due to deteriorating economic outlook, Short-term bond ETF performance also surpasses regular deposits, Both Korea and the US consider increasing the proportion of short- to medium-term bonds as interest rate trends decrease.