Korea Investment Management said on the 2nd it will begin sales on the 3rd of the "Korea Investment Samsung Electronics & SK hynix Plus Securities Investment Trust (Equity)."
The fund invests by keeping the combined weight of Samsung Electronics and SK hynix below 50%, with a cap of up to 25% per stock for each of the two companies. In addition to the two companies, it selects and invests in promising corporations with technological competitiveness, ranging from semiconductor materials, parts, and equipment (MPE) to data centers and physical AI.
To apply an exception to the single-stock limit, the portfolio of technology-promising corporations is constructed by aggregating stocks of 5% or less to reach 50% or more. Depending on future market conditions, when investing within the market-cap weight limits of Samsung Electronics and SK hynix, this diversification requirement may not be applied.
The fund's responsible managers are Chae Jang-jin, a 13-year growth-stock specialist and Director General of Equity Management Division 2 at Korea Investment Management, and Kwak Chan, Director General of Corporate Analysis at Korea Investment Management, who has analyzed the tech sector for 15 years.
Subscriptions to the fund are available at Korea Investment & Securities Co., and the distributor plans to expand later.
Director General Chae said, "The Korea Investment Samsung Electronics & SK hynix Plus Fund selected stocks with a focus on technology trends and corporations' competitiveness," adding, "For fundamental analysis and valuation, we comprehensively considered not only financial factors but also qualitative factors such as company visits and meetings with management."