Four major South Korean asset operation finances have listed metaverse-affiliated exchange- traded finances (ETFs), the first in the country, the Korea Herald reported Wednesday.
KB Asset Management demurred off KBSTAR iSelect Metaverse, a unresistant fund that will follow indicators related to the metaverse, which is virtual space that can be participated by numerous people. KB follows the iSelect Metaverse Index, addition to which is determined by factors similar as a company’s assiduity exposure and unborn growth eventuality.
NH Amundi Asset Management launched Hanaro Fn K-Metaverse MZ, a unresistant fund. NH scored metaverse-affiliated keywords to pick its top 20 stocks, and added 10 consumer- goods assiduity stocks. NH barred machine companies.
Mirae Asset Global Investment’s metaverse product, Tiger Fn Metaverse ETF, has FnGuide’s metaverse indicator as its standard. That indicator fund follows about 20 companies.
Samsung Asset Management laboriously manages its KODEX K-Metaverse Active ETF.
Samsung and Mirae Asset, which released lists of the companies included in their finances. The list reveals a focus on the entertainment and gaming diligence.
Samsung’s Metaverse ETF comprises Hybe, Naver, Krafton, Peal Abyss and JContentree.
Mirae Asset’s list included Naver, LG Innotek, Hybe, JYP Entertainment and YG Entertainment.
Hybe, established in 2005, represents the popular boy band BTS.
Krafton and Peal Abyss, which are in Samsung’s metaverse fund, are South Korea’s leading videotape game makers.