ACE US Wide Moat
309230·Stock-Style-ETC
Introduction
The ACE US Wide Moat ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the MorningStar Wide Moat Focus Index
Investment Points
An investment strategy that seeks long-term stable growth by investing in leading companies with competitive power to continuously maintain market dominance.
Benchmark Index
MorningStar Wide Moat Focus Index
Benchmark Index Description
An index composed by selecting and forming stocks through the analysis of indicators (economic moat/Wide Moat) to invest in American companies with sustainable competitive advantages. Incorporating Moat rating and Fair value through Morningstar Inc. research. ①Moat rating: Selecting stocks that correspond to Wide Moat based on 5 factors - 5 factors: intangible assets, cost advantage, switching costs, network effect, efficient scale ②Fair value calculation: Calculating the fair value of stocks classified as Wide Moat through Morningstar research ③Incorporating the top 40 stocks that are undervalued relative to their fair value into the top 40 stocks and maintaining the number of stocks between 40 to 50 through rebalancing
Issuer
Korea Investment Management Co.
Brand
ACE
Fee
0.4
Listing Date
2018-10-25
ISIN
KR7309230001
Market Information
Market Capitalization129,868,200,000 KRW
Trading Value1,030,161,565 KRW
Trading Volume36,677
Number of Listed Shares4,620,000
NAV28,085
52-Week High28,185 KRW
52-Week Low21,615 KRW