KOSDAQ Venture Funds

Do KOSDAQ venture funds also get priority allocation in KOSPI IPOs?

No. Under Korea Financial Investment Association regulations, the separate allocation for venture company investment trusts applies to IPOs for listing on the KOSDAQ market and to public offerings of new shares by KOSDAQ-listed companies.

KOSPI market IPOs have no such separate allocation, so KOSDAQ venture funds participate in book-building and receive shares within the general institutional investor allocation.

Source: Korea Financial Investment Association (KOFIA) Regulations on Securities Underwriting, etc., Chapter 2 Underwriting of Shares (Articles 9-2 to 10-3)
Last updated: 2026.10.14

This answer is general financial information as of 2026.10.14, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.