KODEX MSCI Momentum
275280·Stock-Quant-Momentum
Introduction
The KODEX MSCI Momentum ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the MSCI Korea IMI Momentum Capped
Investment Points
An ETF aiming to achieve excess returns compared to the MSCI Korea Index by utilizing quantitative strategies. This strategy is suitable for investors who expect that the Korean stock market has a high potential for growth and believe that a momentum strategy can yield excess returns.
Benchmark Index
MSCI Korea IMI Momentum Capped
Benchmark Index Description
The MSCI KOREA IMI Momentum Capped Index targets investments from the MSCI IMI Universe, selecting stocks based on key indicators of 6-month and 12-month price momentum (price returns). Each stock is capped at a maximum index weight of 30%, and the index is composed of stocks that rank highest by scores, with the scores assigned by equally weighting the two momentum factors at 50% each.
Issuer
Samsung Asset Management
Brand
KODEX
Fee
0.3
Listing Date
2017-07-11
ISIN
KR7275280006
Market Information
Market Capitalization10,240,000,000 KRW
Trading Value333,800 KRW
Trading Volume26
Number of Listed Shares800,000
NAV12,927
52-Week High14,615 KRW
52-Week Low10,495 KRW