According to Hong Kong Exchanges and Clearing filings, Southbound Dragon UK's new ETF (code: 03121) will launch on June 18 on the Hong Kong Stock Exchange, becoming Asia-Pacific's first pure-play ETF directly tracking South Korea's KOSPI 200 index. The fund charges an annual management fee of 0.99% and has an entry price of 780 Hong Kong dollars per 100 units.
SK Hynix and Samsung Electronics combined account for approximately 62% of the fund's holdings, significantly higher than exposure levels in U.S. DRAM-related ETFs and the iShares MSCI South Korea ETF (EWY). The KOSPI 200 index has surged 113% year-to-date, driven by artificial intelligence demand.