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Individual Investors' Assets in Samsung, SK Hynix Leveraged ETFs Evaporate 8.8 Trillion Won in Nine Trading Days

GateNews
Stocks
According to F&Guide QuantiWise and Mirae Asset Securities, individual investors' assets in single-stock Samsung Electronics and SK Hynix leveraged ETFs evaporated 8.8 trillion Korean won in just nine trading days from July 1-13. The combined assets under management of four Samsung and SK Hynix single-stock leveraged ETF products fell from 14.35 trillion won as of June 30 to 8.94 trillion won on July 13, a decline of 37.72%. Expanding to all 14 single-stock leveraged ETF products listed in South Korea, the decline was steeper: combined assets dropped 41.40%, from 15.93 trillion won at the end of June to 9.34 trillion won on July 13.
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Lucas Bennett07-13 22:03
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