Focus on KOSDAQ: The Rise of New Active ETFs
This month marks the introduction of the first active exchange-traded funds (ETFs) based on the KOSDAQ index, garnering significant attention in financial markets. Samsung Asset Management's 'KoAct KOSDAQ Active' and Timefolio Asset Management's 'TIME KOSDAQ Active' are seeking excess returns through strategies focused on promising industries and large-cap stocks respectively. These products, with their distinctive investment strategies, herald a significant shift in the flow of funds within the KOSDAQ market.
Hanwha Asset Management's 'PLUS KOSDAQ150 Active' and Mirae Asset Management's 'TIGER Tech Transfer BioActive' have also joined the active ETF competition based on the KOSDAQ market. Hanwha Asset Management aims for new performance by investing in sectors such as semiconductors, biotech, and AI, while Mirae Asset Management is expanding investments centered on biotech companies associated with technology transfers.
Recently, over 12 trillion won has flowed into KOSDAQ active ETFs, raising the potential for the supply-demand structure to expand primarily among small-cap and mid-cap stocks. This trend stimulates the discovery of small and mid-cap stocks and increases investor interest, suggesting that the benefits of government policies could spread to overall market growth. Experts anticipate that these changes will lead to structural reforms in the KOSDAQ market, emphasizing the importance of stock selection.
Related News
“Now It's a Stock Battle”… KOSDAQ Active ETF Market Expands - Maeil Business NewspaperHanwha Asset Management and Mirae Asset Simultaneously Launch
KOSDAQ ETF Landscape Changes… 'Stock-Specific Market' Expected with Expansion of Active ETFs - Metro NewspaperThe KOSDAQ market shows signs of shifting to a 'stock-specific market' where returns differ based on individual stock performance rather than index trends. With the successive launch of active ETFs, each asset manager's stock selection strategy is becoming more distinct, and funds are increasingly distributed to individual stocks rather than indices according to the Korea Exchange on the 17th.
Added AI to Semiconductors and Bio… Hanwha Asset Management Launches KOSDAQ Active ETF - Maeil Business NewspaperPLUS KOSDAQ150 Active ETF Listed
[Financial Terms] KOSDAQ Active ETF - Yonhap Infomax◆The KOSDAQ Active Exchange-Traded Fund (ETF) is an investment product that aims for excess returns compared to the market based on the KOSDAQ market's underlying index. Fund managers select promising stocks and adjust weights, distinguishing it from passive products, which mechanically follow the underlying KOSDAQ index. On the 10th of this month, the first KOSDAQ Active ETF was listed on the Korean stock market. TIMEfolio Asset Management's 'TIME KOSDAQ Active' and Samsung Asset Management's 'KoAct KOSDAQ Active' are in direct competition. Previously, most KOSDAQ ETFs were index-type products based on the KOSDAQ 150, and managers selected stocks from all 1,800 KOSDAQ companies.
'Investor Attraction' KOSDAQ Active ETF... Is a 'Paradigm Shift' in Small and Mid-Cap stocks Imminent? - DailyanAmid the government's strong commitment to revitalizing the KOSDAQ, KOSDAQ active exchange-traded funds (ETFs) are attracting substantial capital. There are suggestions that if this capital inflow continues, the demand for KOSDAQ small and mid-cap stocks could significantly expand. According to the KOSCOM ETF Check on the 17th, the product that gathered the most funds in the past week was Samsung Active Asset Management's 'KoAct KOSDAQ Active' (7.998 billion won).