이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
The smart beta is a set of investment strategies that select stocks based on the factors such as value, quality, variability, and momentum, and seek additional profits above market returns based on the weighted value of the factors. This is the first time for stock exchange operator, not private index providers such as FnGuide and Wisefn, to develop smart beta strategies by itself. “(KRX) plans to employ S&P’s international methodology on calculating index but reflect Korean market’s characteristics to develop the (smart beta) index,” said an unnamed KRX official
The stock exchange operator targets to first develop four to five smart beta strategies using the investment factors such as value, quality and momentum that are easy to understand and highly demand in local market. And once KRX completes generating smart beta index, it plans to list smart beta exchange-traded funds (ETFs) as early as June this year.
According to KRX, the total volume of smart beta exchange-traded products amounts to about 8 trillion won ($7 billion) in Asia Pacific region, accounting for only 3 percent of the worldwide total, but ithas been growing by over 100 percent every year centering around Japan and Australia. As of 2015 end, there are 12 smart beta ETFs valued at 280 billion won in Korea, and they all are based on the index prepared by local index providers.
By Bae Mi-jung
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