Samsung Active Asset Management said on the 10th that it listed the new "KoAct KOSDAQ Active" ETF. Unlike passive exchange-traded funds (ETFs) that track a specific index as is, active ETFs are products in which the manager actively adjusts the constituents and weights to seek excess returns over the market.
The ETF includes 57 corporations among the seven core growth industries on the KOSDAQ market. The seven industries are bio; aerospace and defense; semiconductor materials, parts and equipment; robots; ESS energy; artificial intelligence (AI) software (SW); and media and entertainment.
The ETF seeks a balance between growth and value stocks. It plans to focus 70%–80% of the portfolio on high-growth stocks, with the remaining 20%–30% allocated to "hidden value stocks" that are undervalued relative to earnings growth.
Major growth-stock holdings include ▲Qurient (bio), ▲Sungho Electronics (electrical and electronics), and ▲BHI (energy), while ▲Sungwoo Hitech (automobiles) and ▲CJ Freshway (food and beverages), considered value stocks, are also included. In the initial listing phase, a total of 57 stocks will be held, and the portfolio may change in real time depending on ETF management.
Overall management will be handled by Kim Ji-woon, head of Investment Division 2 at Samsung Active Asset Management. A dedicated task force, joined by senior analysts from the research center and all active ETF portfolio managers, will also provide support.
Kim Ji-woon, head of Investment Division 2 at Samsung Active Asset Management, said, "KOSDAQ is a dynamic market where all the world's changes—such as demographic shifts, the energy transition, and AI innovation—are reflected first," adding, "We will do our utmost to unearth 'hidden gems' based on our on-the-ground corporate visits."