₩3.3 Trillion in Individual Investor Funds Pour In... ‘KODEX US Nasdaq 100’ Net Assets Top ₩10 Trillion

[The Financial News] Samsung Asset Management’s ‘KODEX US Nasdaq 100’ exchange-traded fund (ETF) has surpassed 10 trillion won in net assets, buoyed by inflows from individual investors.
According to the Korea Exchange on the 15th, the ‘KODEX US Nasdaq 100’ had total net assets of 10.1509 trillion won as of the previous day. It has remained at a similar level since surpassing 10 trillion won on the 6th.
It took about five years and six months after its listing in April 2021 to exceed 10 trillion won in net assets. This is the shortest time among U.S. Nasdaq-100-tracking ETFs listed in Korea.
A particularly large amount of money flowed in from individual investors. This year, individual investors’ net purchases of the ‘KODEX US Nasdaq 100’ totaled 3.2988 trillion won, ranking first among Nasdaq-100-tracking products in Korea.
Samsung Asset Management cited performance and its ability to track the index, among other factors, as reasons for the inflows. The ETF’s returns were 11.78% since the start of the year, 50.04% over two years, and 102.18% over three years, outperforming comparable products over the longer periods. Its tracking error rate, a key measure of fund management performance, has remained low.
The Nasdaq-100 Index, one of the leading U.S. indexes, comprises 100 major companies at the forefront of the global artificial intelligence (AI) and technology industries, including NVIDIA, Apple, Microsoft, Broadcom, Amazon and Google.
Lim Tae-hyeok, head of ETF Management at Samsung Asset Management, said, “Surpassing 10 trillion won in net assets is the result of our customers’ trust in our meticulous tracking-error management and management capabilities demonstrated by long-term performance. We will continue to manage it stably and efficiently.”

[email protected] Seo Minji Reporter