KB Asset Management to Launch 'Dohak Ant' Themed ETF
KB Asset Management is set to launch the 'RISE Dohak Ant' ETF, focusing on the top domestic stock purchases by individual investors, next month. The ETF will incorporate key net purchaser stocks such as SK Hynix and Doosan Enerbility and periodically rebalance to align with the latest investment trends.
The launch of this ETF also serves as a homage to the trend during the 2020 COVID-19 pandemic, where individual investors significantly increased their purchase of domestic stocks in response to foreign sell-offs, coining the term 'Dohak Ant Movement.' Similar in design, Samsung Asset Management's 'Sohak Ant ETF,' which focuses on US stocks favored by Korean individual investors, has already found success in the market. Thus, this new ETF represents a tailored approach to better reflect individual investment preferences.
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[Exclusive] Donghak Ant ETF to be launched - Smart Today|Smart Today=Reporter Lee Tae-yun| KB Asset Management is launching an ETF themed around 'Donghak Ants'. This is the first time this theme is entering the domestic market. According to the asset management industry on the 26th, KB Asset Management is preparing to launch the 'RISE Donghak Ant' ETF. The specific listing schedule is yet to be determined.