Mirae Asset Securities said on the 27th that it will launch the advisory wrap account "Korea Active Theme ETF Wrap," which concentrates investments in exchange-traded funds (ETFs) that lead themes on the domestic stock market.
The product focuses on an active strategy that selects core themes driving the market, concentrates on a small number of ETFs, and flexibly adjusts allocations according to market changes. Based on professional advice from Mirae Asset Global Investments, preemptive risk management will also be carried out.
The core of the product is "selecting leading themes." Rather than short-term event-driven themes or undervalued turnaround stocks, it focuses on themes with strong market leadership by comprehensively analyzing ▲ trend profit growth ▲ global narrative ▲ whether related stock groups are expanding. Semiconductors, defense and space, nuclear power, and Robotics were presented as representative candidate leading themes.
Unlike general diversified products, the portfolio assigns a high weight to the theme with the strongest market momentum (upside driver), and carries out ad-hoc rebalancing that reflects ▲ ETF flow data ▲ price momentum ▲ changes in the number of leading stocks ▲ changes in earnings estimates. When market risk rises, it also seeks to manage downside volatility by increasing the share of cash-like assets.
Park Geon-yeop, head of the customer asset management division at Mirae Asset Securities, said, "As the number of listed ETFs in the domestic market is rapidly increasing, ETF selection capability and operational agility have become even more important, and we expect the differentiation of the EMP-type wrap strategy, which goes beyond simple index tracking to select market-leading themes and actively replace and adjust them, to come to the fore."