South Korean exchange-traded funds (ETFs) that track KEDI, a set of indices created by The Korea Economic Daily, are booming with investors’ growing demand for high value among theme-based portfolio industry innovators.
Total net assets of KEDI-based funds which were launched this year in the local ETF market that excludes debt ETFs topped the market with a 30% share as of Aug. 19.
The 16 KEDI-based ETFs rolled out since 2022 logged 2.01 trillion won ($1.5 billion) in net assets as of Monday, double the value over the past two months.
The…
