플레이어로 건너뛰기본문으로 건너뛰기
Seoul Economic Daily
  • 2일 전
Preferred shares are getting cheaper than common shares, and more ETFs are buying in. Here's what that could mean for your portfolio.
Samsung Electronics preferred shares now trade at a 20.5% discount to common shares, and several preferred-focused ETFs have sharply increased their holdings. Pension return comparisons also look different once guaranteed products are removed. This episode breaks down what retail investors should watch before acting.

Sources:
- Preferred Shares Discount Widens as ETFs Pile In — Seoul Economic Daily, 2026-11-09
- NPS Retirement Pension Return Gap Narrows Without Guaranteed Products — Seoul Economic Daily, 2026-11-09

AI PRISM is Seoul Economic Daily's WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance.
트랜스크립트
00:00if you hold samsung luck electronics preferred shares or a preferred focused etf today's numbers matter the gap between common
00:08and preferred shares just widened sharply nvidia's ceo admitted a personal scandal and the company's board has opened an independent
00:16probe
00:16its stock could move on what comes next korea's national pension service says its fund returns are three times the
00:23retirement pension average but once guaranteed deposit products are removed the gap shrinks to about two percentage points it's tuesday
00:31november 10th let's look at what this means for retail investors in korea korean stocks are seeing a wider gap
00:37between common and preferred shares preferred shares carry no voting rights but they trade at a discount to common shares
00:44samsung electronics preferred shares now trade at a 20.5 percent discount to common shares above the five-year average
00:52of about 17.6 percent hyundai motor's second preferred b class saw its discount widened from 28.3 percent to
01:0046.7 percent since the end of last year samsung fire and marines preferred shares rose from 24.1 percent
01:08to 38.5 percent here's what the numbers show
01:11preferred focused etfs have raised their samsung electronics preferred holdings sharply over the past year tiger's preferred etf now holds
01:2027.04 percent in samsung electronics preferred shares up 6.17 percentage points from a year ago the nps fund
01:29returned 18.82 percent last year versus 6.47 percent for the overall retirement pension market excluding guaranteed products the
01:39gap narrows to about two percentage points
01:41in 2022 when the retirement pensions performance linked products dropped 16.92 percent compared with minus 8.22 percent for
01:52the nps fund so what does this mean for retail investors weighing exposure to these markets this year the discount
01:58looks attractive but it doesn't guarantee a rebound preferred shares trade thinly so large orders can move prices earlier we
02:06said the discount looks attractive here's what that actually means for you
02:10a cheap price is not the same as a catalyst watch liquidity before you chase the gap watch before you
02:17chase the gap that's today's ai prism retail investors this episode was produced with ai assistance based on sole economic
02:25daily reporting ai prism is a juan ifra award-winning series we'll be back tomorrow

추천