147970·Stock-Quant-Momentum
TIGER MOMENTUM
Introduction
The TIGER MOMENTUM ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the FnGuide Momentum Index
Investment Points
A quant strategy ETF designed based on the assumption that stocks with strong upward momentum are likely to continue rising
Benchmark Index
FnGuide Momentum Index
Benchmark Index Description
Among the target stocks, the Total Momentum Score is calculated by combining the Price Momentum Score and the Earnings Revision Score in a 1:1 ratio. From the stocks with the highest Total Momentum Scores, those with the highest Volume Momentum Score are selected as the final constituents, which are then equally weighted to form the index.
• Price Momentum Score: Calculated using the 12-month return rate excluding the most recent month.
• Earnings Revision Score: Calculated using the number of upward EPS estimates by analysts (a simple average of the most recent 3 months' EPS estimates and the most recent month's EPS estimate).
• Volume Momentum Score: Calculated based on the growth rate of the 5-day average trading volume against the 20-day average trading volume.
Issuer
Mirae Asset Global Investments Co.,Ltd.
Brand
TIGER
Total Fee
0.29
Listing Date
2011-10-26
International Securities Code
KR7147970008
Market Information
Market Capitalization
3,880,800,000KRW
Transaction Amount
5,732,885KRW
Trading Volume
176
Shares Outstanding
120,000
NAV
32,336
52-Week High
32,365KRW
52-Week Low
24,310KRW