South Korea ETF Assets Surge Past KRW350tr as Inflows Accelerate

South Korea ETF assets have surged alongside a buoyant local stock market, with total net assets jumping by nearly KRW50tr in about a month.

Net assets of ETFs listed in the country stood at KRW354.74tr (USD246bn) as of Monday, after first topping KRW300tr on Jan. 5, data from the Korea Financial Investment Association showed.

The figure rose further to KRW356tr. About KRW228tr was invested in ETFs tracking domestic assets, while KRW128tr tracked overseas assets.

Products linked to benchmarks such as the Kospi 200 and Kosdaq 150, as well as semiconductor-focused ETFs, helped drive inflows, analysts said, lifting South Korea ETF assets.