Samsung Active Asset Management announced on the 27th that the 'KoAct Korea Value-Up Active Exchange-Traded Fund (ETF)' recorded a revenue of 27.3% since its listing in November last year, ranking first among 12 value-up ETFs listed on the same day.
KoAct Korea Value-Up Active selects 48 stocks from excellent corporations within the value-up index, potential index inclusions, and shareholder activism-related corporations, based on the Korea Value-Up Index announced by the Korea Exchange. Currently, the sector breakdown is 31.9% IT, 20.9% industrial goods, 18.9% financial, 13.5% consumer discretionary, and 5.5% healthcare.
Samsung Active Asset Management explained that this product showcased a differentiated strategy of actively investing in excellent corporations within the value-up index, potential index inclusions, and shareholder activism-related corporations from the time of its listing.
In particular, it analyzed that in the regular change implemented for the first time on the 16th, proactive stock inclusion allowed for the early inclusion of 13 out of 27 index constituents, benefiting from capital inflow. Additionally, by including value-up excellent stocks such as LS Electric, WONTECH, and DoubleU Games at a higher weight than the index, it was able to achieve higher revenue during the index's upcycle.
Nam Eun-young, head of the first management team at Samsung Active Asset Management, said, "The value-up index is a collection of corporations whose value is expected to rise based on profit and shareholder return, aligning with government policy trends." He noted, "It is expected to establish itself as a reliable means to participate in the domestic market's rise."