Revolutionizing Investing: First ‘Value Up Index’ ETF Set to Debut in November

◀ Anchor ▶

The ‘Korea Value Up Index’, which includes 100 companies with outstanding corporate value among domestic listed companies, has finally been unveiled.

Attention will be paid to how much of a positive impact it can have on our stock market.

This is reporter Park Yun-soo.

◀ Report ▶

The constituent stocks and selection criteria for the ‘Korea Value Up Index’ developed by the Korea Exchange have been announced.

The Value Up Index is one of the government’s ‘corporate value up support measures’ and was developed to encourage investment in companies with excellent corporate value.

The exchange explains that in addition to company size such as market capitalization and trading volume, it equally incorporates companies that met requirements such as profitability, dividend payout ratio, market evaluation, and capital efficiency.

[정은보/한국거래소 이사장]

“To avoid focusing on or alienating a particular industry group, we applied ‘comparative evaluation by industry group’ to ensure that representative companies from each industry group were selected equally.”

The index included 100 companies, including 67 KOSPI-listed companies, including Samsung Electronics and SK Hynix, and 33 KOSDAQ companies.

Four companies that implemented the ‘Value Up Disclosure’ early on were also included in special cases.

The market capitalization of 100 companies is 1 trillion won, accounting for about 40% of the entire domestic stock market.

On the other hand, among the top stocks by market capitalization, LG Energy Solutions, Samsung BioLogics, KB Financial, and KT were excluded.

The exchange explained that the choice was the result of consideration of shareholder returns and returns on equity.

It is intended to renew the incorporated stocks at an appropriate level once a year in June.

[이부연/한국거래소 경영지원본부장보]

“(Werth Hyd) will evaluate companies that have faithfully made public announcements and operations as outstanding operating companies. We intend to provide special inclusion to selected companies (such as outstanding companies).

The ‘Value Up Index’ will set the standard value at 1,000 points on January 2nd this year, and real time index calculation will start from next Monday (30th).

The exchange plans to stimulate capital inflows into the stock market by listing index futures and exchange-traded funds (ETFs) in November.

This is Park Yoon-soo from MBC News.

MBC News awaits your reports 24 hours a day.

▷ Telephone 02-784-4000
▷ Email mbcjebo@mbc.co.kr
▷ Kakao Talk Report @mbc