ETFs exposed to Korean Large & Mid Cap Stocks segment recorded a notable daily performance on Monday (+1.86%). Despite a surprise on industrial production figures, Large and Mid-Cap stocks are on the rise. The segment is now rallying at +8.62% year to date offsetting a part of last year losses. On a one year time frame, the segment is still down at -8.74%. In terms of flows, Korean stocks suffered from a big sell off beginning of April dragging out of the segment more than half a billion of euros. Year-to-date cumulated flows are standing at +€64M.
36 funds tracking 22 indices are included in the segment for a total of €6.3Bn of assets under management.