Samsung Electronics and SK hynix Single-Stock Leveraged ETFs Set for May 27 Listing

Fourteen single-stock leveraged ETFs using Samsung Electronics and SK hynix as underlying assets are preparing to list on the 27th of this month. According to the original report, two related inverse ETFs have also completed their disclosure process. The products are single-stock ETFs designed around the share-price movements of South Korea’s major semiconductor names, Samsung Electronics and SK hynix. Leveraged ETFs seek to magnify moves in the underlying asset, while inverse ETFs target performance in the opposite direction. As multiple asset managers launch products tied to the same underlying stocks, fee competition is becoming intense. After listing, investors will be able to access these strategies through ETFs rather than individual shares. Source: mk.co.kr.