The Korea Exchange announced on October 8 that four exchange-traded funds (ETFs) managed by DS Asset Management, Korea Investment Trust Management, Kiwoom Investment Management, and Samsung Asset Management will be listed on the securities market on October 13.
ETFs, or exchange-traded funds, are designed to track the price movements and returns of specific indices and assets. A key feature is that they are traded on exchanges like stocks.
According to Yonhap News, DS Asset Management's 'DS AI Semiconductor Active' is an active fund that invests across the domestic semiconductor value chain.
Korea Investment Trust Management's 'ACE 29-11 Corporate Bond (AA- or higher) Active' invests in special bonds, bank bonds, and corporate bonds rated AA- or higher, maturing between October and December 2029.
Kiwoom Investment Management's 'KIWOOM Global MLCC & AI Board TOP 4+' is a passive ETF that invests in ten companies related to multilayer ceramic capacitors (MLCC) and substrates, listed in South Korea, the United States, and Japan.
Samsung Asset Management's 'KODEX US AI Agent Active' is an active fund that invests in companies related to AI agents in the United States.
ETFs are broadly categorized into active and passive types. While passive ETFs follow a predetermined index or investment criteria, active ETFs allow asset management professionals to adjust investment selections and proportions based on market conditions.
As a result, the performance of active ETFs is more significantly influenced by the investment decisions of the management firm. The price for each of these ETFs is set at 10,000 won.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.