The First Domestic POSCO Group ETF Listing "Transforming into a Future Materials Group"

'ACE POSCO Group Focus ETF' Listed
Many POSCO Affiliate Officials Attend Commemorative Meeting
"Steadfast Investment in Reliable Growth Industries"

Korea Investment Trust Management Co., Ltd. officially listed the country's first POSCO Group stock exchange-traded fund (ETF), 'ACE POSCO Group Focus ETF,' on the 17th, emphasizing the growth potential of the POSCO Group as a leading company in eco-friendly future materials.

Bae Jae-gyu, President of Korea Investment Trust Management, is delivering a greeting at the ACE POSCO Group Focus ETF listing press conference held on the morning of the 17th at the Conrad Hotel in Yeouido, Seoul.
[Photo by Korea Investment Trust Management]

On the morning of the same day, Bae Jae-gyu, CEO of Korea Investment Trust Management, held a press conference at the Conrad Hotel in Yeouido, Seoul, to commemorate the listing of the ACE POSCO Group Focus ETF, stating, "Since Korea Investment Trust Management launched the industry's first group stock fund in 2004, we are introducing the country's first POSCO Group stock ETF after 20 years," and added, "We are pleased to introduce the ACE POSCO Group Focus ETF at this important time."

CEO Bae said, "Korea Investment Trust Management, which is transforming in line with the new era of asset management such as ETFs and target date funds (TDFs) since last year, resembles the POSCO Group, which is transforming from steel to a future materials group through innovation," and added, "POSCO Group stands at the starting line of growth as a global leading company providing comprehensive solutions related to secondary batteries."

The ACE POSCO Group Focus ETF includes six POSCO Group stocks listed domestically and the top market capitalization stocks in the same industry as the POSCO Group. It is based on the 'FnGuide POSCO Group Focus Index,' calculated and announced by the financial information company FnGuide. Within the index, POSCO Group stocks account for 95%, and the remaining stocks make up 5%. As of the 12th, the stock weightings are as follows: ▶ POSCO Holdings (25.38%) ▶ POSCO International (23.90%) ▶ POSCO Future M (23.49%) ▶ POSCO DX (17.70%) ▶ POSCO M-Tech (3.53%) ▶ POSCO Steelion (0.96%) ▶ LG Energy Solution (1.32%) ▶ Samsung Engineering (1.26%) ▶ LX International (1.24%) ▶ Hyundai Steel (1.23%).

Han Young-ah, head of the IR team at POSCO Holdings, is attending the press conference commemorating the listing of the ACE POSCO Group Focus ETF held on the morning of the 17th at the Conrad Hotel in Yeouido, Seoul, explaining about the POSCO Group.

At the conference, many POSCO Group officials attended, including Han Young-ah, head of POSCO Holdings IR team; Hwang Hee-sun, head of POSCO Future M IR group; Jung In-cheol, head of POSCO International IR office; and Heo Jong-yeol, head of POSCO DX management planning office. Team leader Han stated, "POSCO Group will become a leading company in eco-friendly future materials that realizes sustainable future value," adding, "the net debt ratio has decreased from 49.1% in 2014 to 9.5% as of the end of last year. It now has a financial structure that investors do not need to worry about," introducing the company. He also emphasized that POSCO Group is actively investing in long-term growth engine businesses based on financial strength while reorganizing its core business portfolio.

Kim Chan-young, head of Digital ETF Marketing Division at Korea Investment Trust Management, said, "Although secondary battery-related stocks have recently experienced a difficult period, persistent investment toward industries with definite growth is necessary," and added, "The ACE POSCO Group Focus ETF is a compact and powerful ETF made up of exactly 10 stock items, making it a good investment tool."

Meanwhile, Korea Investment Trust Management also introduced the 'ACE AI Semiconductor Focus ETF' and 'ACE Japan Semiconductor ETF' on the same day. The ACE AI Semiconductor Focus ETF concentrates investment on core companies related to artificial intelligence (AI) semiconductors and high-bandwidth memory (HBM). The ACE Japan Semiconductor ETF is a currency-exposed product that invests in semiconductor companies listed on the Japanese stock market.

This content was produced with the assistance of AI translation services.