Single-Stock Leveraged ETFs Earn Asset Managers 3.665 Billion Won in Fees as Products Fall 50-63% in Two Months

According to Financial News citing South Korea's Financial Supervisory Service, asset managers earned 3.665 billion won in management fees from single-stock leveraged ETFs between May 27 and July 28. Samsung Asset Management captured 3.029 billion won, or 82% of total fees, through two Samsung Electronics and SK Hynix leveraged products at an annual fee rate of 0.27%, higher than the industry range of 0.07-0.20%. Meanwhile, both Samsung products recorded losses of -53.94% and -62.72% respectively, while competing offerings fell -52.48% to -62.97% over the same period.
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