Shifts in the ETF Market under President Lee Jae-myung
President Lee Jae-myung reportedly realized an evaluation profit of 4 million KRW by investing 40 million KRW in KODEX 200 and KODEX KOSDAQ150 ETFs during his candidacy. KODEX 200 tracks the top 200 KOSPI stocks, while KODEX KOSDAQ150 follows the top 150 KOSDAQ stocks. His successful investment coincides with a bullish trend in the stock market following the establishment of his administration, buoyed by strong net buying from foreign investors. The KOSPI index has surpassed 2700 and is approaching 3000.
Following the inauguration of the new government, the stock market's upward trend is supported by shareholder return expectations and policy change anticipations. The Korea Value-Up Index has been outperforming the KOSPI, reflecting investor optimism and aligning with the new government's economic policy directions. This has favorably impacted financial stocks such as KB Financial, Shinhan Financial Group, and Hana Financial Group. Additionally, there is a resurgence of interest from individual investors, as evidenced by the increase in net assets of value-up ETFs.
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The President Also Bought... Index-Tracking ETF Yields 12% - Maeil Business NewspaperInvested 20 million KRW each in KODEX 200 and KOSDAQ 150 ETFs during candidacy, valuation profit of 4 million KRW in just 3 weeks
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Value Ups Revived by Lee Jae-myung…Lump Sum in ETFs - Seoul EconomySecurities > Domestic Market News: As the stock market continues its upward rally, focusing on stocks with high expectations of shareholder returns since the launch of the Lee Jae-myung administration, the Korea Value-Up Index follows suit...