Global ETF Monitor – 15 August 2017


Artificial intelligence and technology are all the rage these days.

In Korea, two new ETFs will be listed this week, each of which tracks tech stocks with big visions. Kodex, the ETF issuer run by Korean chaebol Samsung, has launched a robotics and automation ETF (276990). 276990 will synthetically track ROBO Global’s “Robotics & Automation Index”, which as the name suggests, tallies up companies from around the world involved in robotics and automation. Samsung is not the first issuer to peg an ETF to this index. In Europe, ETF Securities has a product tracking it; in the US, Exchange Traded Concepts has one.

The second ETF comes from KBStar, the ETF issuing arm of Korea bank, which is launching a “Global 4th Industry Revolution IT ETF” (276650). The ETF will track the S&P Global 1200 Information Technology Index. In the US, iShares also runs a ETF that tracks this index. 276650 will use swaps to track its benchmark.

Other new issues come from nearby Taiwan, where asset manager Fuh Hwa has listed three new fixed income ETFs.

• 00710B, the “Fuh Hwa 1-5 Yr High Yield ETF” will track the performance of non-investment grade high-risk bonds.
• 00711B, the “Fuh Hwa Emerging Market 10+ Yr Bond ETF” will track the long-term debts of developing countries.
• 00712, the “Fuh Hwa FTSE Mortgage REITs ETF” will track mortgages mostly in the US.