Samsung Active Asset Management announced on the 11th that the net worth of its own active exchange-traded fund (ETF) brand "KoAct" has surpassed 400 billion won. This achievement comes 22 months after the launch of its first active ETF, "KoAct Biohealthcare Active," in August 2023. Samsung Active Asset Management explained that this is the fastest achievement among management companies with active ETF brands.
Samsung Active Asset Management noted that its ability to outperform the underlying index's revenue has been a growth driver as it consecutively launches active ETFs that had not existed in Korea.
The recent six-month revenue of Samsung Active Asset Management's major KoAct ETFs exceeds the KOSPI index's rise of 18.78% during the same period. ▲ KoAct AI Infrastructure Active 28.02% ▲ KoAct Korea Value Up Active 22.74% ▲ KoAct Dividend Growth Active 19.86% ▲ KoAct Biohealthcare Active 19.50% are representative.
Additionally, the KoAct U.S. Nasdaq Growth Companies Active is an active product based on the U.S. Nasdaq Composite Index, and since its launch, it has recorded an excess performance of 2.06 percentage points over the Nasdaq Composite Index.
This year, Samsung Active Asset Management has also introduced new ETF products in February with "KoAct U.S. Nasdaq Growth Companies Active," in March with "KoAct Global Quantum Computing Active," and in May with "KoAct Broadcom Value Chain Active."
Seo Beom-jin, head of the ETF Solutions Division at Samsung Active Asset Management, said, "While the active ETF market in the U.S. is growing rapidly at 51% each year, the active ETF size within equity-type ETFs in Korea remains around 8%. I believe the equity-type active ETF market will continue to grow." He also stated, "Samsung Active Asset Management will combine its accumulated active management capabilities and know-how to contribute to increasing customer assets through a variety of active ETF products and optimal portfolios."