309230·Stock-Style-ETC
ACE US Wide Moat
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
Total Fee
0.4
Listing Date
2018-10-25
International Securities Code
KR7309230001
Market Information
Market Capitalization
142,817,200,000KRW
Transaction Amount
417,304,108KRW
Trading Volume
15,627
Shares Outstanding
5,360,000
NAV
26,705
52-Week High
28,580KRW
52-Week Low
23,520KRW