Listing of Kiwoom's S&P500 Momentum ETF
Kiwoom Asset Management is listing the 'KIWOOM US S&P500 Momentum' ETF on the stock market. This ETF tracks the 'S&P500 Momentum Index' and selects the top 100 stocks with the highest returns over the past 12 months. By using momentum scores, it assigns higher weightings to high-performing stocks with an aim to outperform the S&P500. The 'volatility-adjusted momentum' strategy is notably used to focus on risk management, while providing flexibility to quickly respond to market changes.
The listing emphasizes reducing risks during downturns while capturing maximum potential gains during upturns. By optimizing investment weight, it offers investors diverse growth opportunities compared to traditional S&P500 index investments. Lee Kyung-Jun, head of Kiwoom Asset Management, highlighted that this strategy could contribute to portfolio diversification and growth potential for investors. Therefore, this ETF is expected to be an attractive option for domestic investors.
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Kiwoom Asset Management to List 'Korean Version of SPMO' ETF Selecting Only S&P500 Winners Next Week - Yonhap InfomaxAn ETF focusing on the top 100 performing stocks of the S&P 500, a leading US index, will be launched for the first time in Korea. On the 5th, Kiwoom Asset Management announced that the KIWOOM US S&P500 Momentum ETF will be newly listed on the securities market on the 9th. This product uses a momentum strategy, selecting and investing in the top 100 S&P 500 stocks based on the highest returns over the past 12 months. It is the Korean version of the SPMO, a leading US momentum strategy ETF. It tracks the same benchmark index, the 'S&P500 Momentum Index,' as the SPMO.
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Kiwoom Asset Management to List 'Korean Version of SPMO' ETF Selecting Only S&P500 Winners on the 9th - NewsPim[Seoul=NewsPim] Reporter Kim Yeon-soon = Kiwoom Asset Management announced on the 5th that 'KIWOOM US S&P500 Momentum ETF' will be newly listed on the stock market on the 9th. This product is the Korean version of the US representative momentum strategy ETF, SPMO.
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Only the Winners... Kiwoom Asset Management Launches S&P 500 Momentum ETF in Korea - Seoul EconomySecurities > Domestic Stock Market News: Kiwoom Asset Management announced on the 5th that it will newly list the 'KIWOOM US S&P 500 Momentum' Exchange Traded Fund (ETF) on the stock exchange market on the 9th.
Kiwoom Asset Management Lists ‘Korean Version SPMO’ ETF Picking Only S&P500 'Winners' - EdailyKiwoom Investment Asset Management announced on the 5th that it will newly list the 'KIWOOM US S&P500 Momentum' exchange-traded fund (ETF) on the 9th. This ETF is the Korean version of the US representative momentum strategy ETF 'SPMO'. It uses the same benchmark index as SPMO, the 'S&P500 Momentum Index'...