Korean ETF investors are betting on a fall in domestic stock prices while moving to safe assets. The Korea Exchange announced on Dec. 8 that KODEX Bond Active (AA- or higher) attracted 160 billion won in the first week of this month, followed by KODEX Inverse (60.3 billion won) and TIGER NASDAQ 100 (58.1 billion won).
The top three picks indicate that investors are increasing safe domestic and high-risk overseas investments at the same time. KODEX MSCI Korea TR, KODEX Leverage and KODEX 200 Futures Inverse 2X came in fourth to sixth with 50.9 billion won, 48.6 billion won and 46 billion won, respectively.
The fourth is a total return instrument for automatic dividend reinvestment, and the demand increased in the year-end dividend season. An interesting point is that funds simultaneously moved into KODEX Leverage and KODEX Inverse, which move in opposite directions based on the same KOSPI 200 index.
