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Tax rules may hinder ETF growth in Korea, says Samsung AM

Dr Insup Lee
The imminent tax on exchange-traded funds in Korea is likely to hit returns and thus harm the development of the market, argues Bae Jae-Kyu of Samsung Asset Management.
Tax rules may hinder ETF growth in Korea, says Samsung AM

Having recently launched the first inverse and leveraged exchange-traded funds in Korea, Samsung Asset Management worries that tax treatment will hinder ETF market growth in the country.

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