Market Strategies of Kiwoom Asset Management and Samsung Asset Management in the ETF Sector
Kiwoom Asset Management's newly launched 'Kiwoom U.S. Tech Hedge ETF' has gained attention amidst uncertainties in the U.S. stock market. This ETF is designed to capture the benefits of rising stock prices while protecting against sharp declines. It recorded an impressive 11.41% return over the past three months. Fund manager Dongjun Oh emphasized the use of an aggressive 'protective put' strategy to mitigate sharp declines, targeting 60-70% participation in Nasdaq 100 index gains, with a monthly loss capped at 3%.
Samsung Asset Management is aggressively expanding its ETF market share through a robust public marketing campaign. The company has initiated advertisements on buses and subways in Seoul to draw individual investors' attention to its ETF products. The campaign, under the slogan 'Pension, Do KODEX,' aims to attract ETF investors to retirement accounts. Reflecting the ETF market's rapid growth, the market size expanded from 174 trillion KRW at the end of last year to 277 trillion KRW last month, alongside an increase in the ETF portion of trading volume.
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'Hedging the Rapid Rise of U.S. Tech Stocks' Kiwoom Asset Management's Kiwoom US Tech Hedge ETF [What About This Fund?] - Financial NewsAs the high-point risk of the U.S. stock market emerges, investors' concerns are growing. This fund invests in the component stocks of the lower-risk asset index and operates by setting a 'monthly hedge level' for stable risk management. The fund is managed by Dongjun Oh, who specializes in fund ma..