Jeff Benjamin With new headlines dropping daily about the global expansion of K-pop, overseas investors now have a chance to cash in.
Today, Sept. 1, a K-pop and Korean-entertainment ETF — under the ticker name KPOP — launched on the NYSE Arca Exchange through South Korean IP investment company Contents Technologies.
With top pop-culture players on board, KPOP marks the first time investors in the U.S. and Europe can access the companies most directly involved in the expanding K-pop music scene.
Of the 30 corporations in the exchange-traded fund, the major holding companies of KPOP include several of the scene’s most internationally influential names, all publicly listed on the local Korea Composite Stock Price Index.
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