ACE POSCO Group Focus ETF Achieves Top Performance in Secondary Battery Themed ETFs
The ACE POSCO Group Focus ETF from Korea Investment Trust Management Co. has marked a remarkable 17.63% gain over the last three months, achieving the highest performance among domestic secondary battery-themed ETFs. This stellar performance is derived from a portfolio incorporating stocks under the POSCO Group, which includes companies in the steel, LNG, and secondary battery sectors. This positive outlook is underpinned by the recovery in industrial activity, bolstered further by POSCO Group's technological developments and equipment investments, creating a robust supply-chain network.
In contrast to its sluggish performance over the past year and a half, the ETF has shown a promising rebound recently. This resilience can be attributed to its inclusion of leading stocks not only from POSCO Group but also other significant entities like Hyundai Steel and Samsung E&A. With these solid returns, Korea Investment Trust Management Co. projects continued recovery in the secondary battery and steel industries, highlighting this ETF as an attractive investment opportunity.
The ETF's recent success underscores the importance of the POSCO Group's integrated supply system and broader industrial recovery as key influencing factors. The rebound is notably linked with the burgeoning secondary battery sector and the stellar performance of related companies. As such, this ETF acts as a critical indicator suggesting a potential long-term growth cycle.
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