Kiwoom Asset Management Launches 'KIWOOM U.S. Growth Dow Jones ETF'
Kiwoom Asset Management has announced the listing of its new 'KIWOOM U.S. Growth Dow Jones ETF' on the Korea Exchange, scheduled for the 31st. This ETF tracks the same underlying index as SCHG, focusing on large-cap U.S. growth companies that have demonstrated robust sales and earnings growth. The portfolio is diversified into over 200 stocks, including major tech names like Nvidia and Apple, as well as giants like Eli Lilly and Visa, aiming for a more balanced allocation compared to the Nasdaq 100.
A key aspect of this ETF is its emphasis on verified growth potential, employing strict criteria such as revenue and profit growth metrics. By spreading investments across multiple sectors, the fund seeks to minimize risk while maximizing returns. Notably, it offers higher growth potential than the S&P500 and lower volatility compared to the Nasdaq 100, which appeals to investors seeking both stability and performance in long-term holdings. This approach is expected to enhance market competitiveness and offer sophisticated diversification for local investors.
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Kiwoom Asset Management to List 'Korean SCHG' KIWOOM US Growth Dow Jones ETF on 31st - Newspim[Seoul=Newspim] Reporter Kim Ga-hee = Kiwoom Investment Asset Management announced on the 30th that it will newly list the 'KIWOOM US Growth Dow Jones' Exchange-Traded Fund (ETF), which selectively invests in large U.S. growth stocks with verified growth potential, on the securities market on the 31st. According to the company, this product is a representative growth stock ETF in the U.S.
'Korean Version SCHG' KIWOOM U.S. Growth Dow Jones ETF to Be Listed on 31st - E Today(Provided by Kiwoom Asset Management) Kiwoom Asset Management will selectively invest in proven large U.S. growth stocks with the 'KIWOOM U.S. Growth Dow Jones ETF,' to be listed at the end of the month.