Bank of Korea’s rate-cutting, particularly in the case of DBKO, is also driving assets to the currency hedged South Korea ETFs. DXKW, the WisdomTree, offering has added $15.3 million in new assets this year, or 77% of its current assets under management tally. DBKO’s growth has been even more staggering. At the end of 2014, DBKO was home to just $3.5 million in assets, a number that has since grown to almost $132.5 million. [Stunning Growth for This Currency Hedged ETF]
In the essence of having some fun, we look to LeBron James as a potential catalyst for South Korea ETFs. Perhaps “The King,” a paid spokesman for Kia and Samsung, should stop giving his teammates Apple watches and make the world believe he actually, even if just once and a while, drives a Kia. Samsung and Kia combine for 22.3% of DBKO’s weight.
Deutsche X-trackers MSCI South Korea Hedged Equity ETF
