Samsung Asset Management, KODEX US Financial Tech Active Listing... "Investing in Next-Generation Financial Services"

[Financial News] Samsung Asset Management announced the new listing of the 'KODEX US Financial Tech Active' Exchange Traded Fund (ETF) on the 27th.
This product is based on the 'iSelect US Next-Generation Financial Tech' index developed by NH Investment & Securities. It mainly consists of innovative financial companies such as △e-commerce payment service platforms △online and offline mobile payment services △BNPL (post-payment service using big data) △fintech platforms.
Specifically, it invests in 'Nu Holdings', the parent company of Nubank, which has grown by providing digital banking and fintech services in the Latin America region, 'CME Group', the world's largest derivatives exchange, the well-known e-commerce platform (base service) 'Shopify', and the original fintech company 'PayPal Holdings' that pioneered the easy payment market.
Kim Cheon-heung, manager at Samsung Asset Management, stated, "Digital financial companies combined with tech are entering the business areas of existing financial companies and expanding their businesses," adding, "This ETF will be a good opportunity to invest in the growing US digital financial industry."


hippo@fnnews.com Kim Chan-mi Reporter