TIME KOSPI Active ETF, the flagship domestic equity ETF of Timefolio Asset Management, has surpassed a 100% return since listing.
On the 19th, according to the Korea Exchange (KRX), the return of TIME KOSPI Active ETF since its listing date (May 25, 2021) stands at 100.26%. Even compared with the KOSPI index's gain (74.65%) over the same period, which showed a record-breaking rally, it is 26.61 percentage points higher.
Timefolio Asset Management said TIME KOSPI Active ETF benchmarks the KOSPI index but is a product that actively adjusts the weight of leading stocks at the manager's discretion based on thorough research. Unlike aiming only to match the index's gains, it seeks to generate additional returns that exceed market performance even in bull markets, providing investors with differentiated value.
Over the past year, the ETF proactively increased weights, versus the benchmark, in key names in semiconductors and AI hardware that led the market rally, and in financials and holding companies benefiting from the government's value-up initiative. In particular, it built the portfolio around large-cap blue chips with clear profit improvement and shareholder-return commitments, including SK hynix, Samsung Electronics, Hyundai Motor, and Mirae Asset Securities.
A Timefolio Asset Management official said, "We will continue to deliver steady excess returns to investors by leveraging the strengths of active management—swiftly capturing market leaders through close analysis of macro shifts, industry trends, and government policy directions."