Samsung Asset Management noted that the KODEX K-defense TOP10 Exchange-Traded Fund (ETF) surpassed a net purchase of 10 billion won by individuals on the listing day, 15th.
According to the Korea Exchange, as of the 15th, the individual net purchase volume of the KODEX K-defense TOP10 ETF is 10.1 billion won. This is the largest individual net purchase on the listing day among domestically themed ETFs newly listed this year.
This ETF achieved a revenue of 4.4% in just one day.
The KODEX K-defense TOP10 consists of 10 selected stocks that comprehensively consider actual defense sales, overseas export ratios, and the incorporation of artificial intelligence (AI) defense technology, according to Samsung Asset Management.
In particular, it focuses approximately 80% of its investment in the domestic representative 'BIG 4' defense companies: ▲Korea Aerospace Industries (KAI) ▲Hanwha Aerospace ▲Hyundai Rotem ▲LIG Nex1.
Additionally, it includes stocks related to defense systems, equipment, and consumables such as ▲Hanwha Systems ▲Poongsan. The average sales ratio related to defense for these incorporated stocks accounts for over 70% of total sales.
Another distinguishing factor is that it is designed to assign weight to stocks with high relevance to AI defense technology and products. It reflects the importance of advanced technologies such as unmanned technologies and AI tactical systems, which have been highlighted in recent wars, capturing the long-term growth potential of K-defense corporations.
Lee Dae-hwan, manager at Samsung Asset Management, said, "The KODEX K-defense TOP10 is a highly pure defense theme ETF that connects the essential performance of defense to stock price increases by investing about 80% in the domestic representative BIG 4 defense companies."