Hantoo Asset Management 'ACE KPOP Focus ETF'... "Top Domestic Equity ETF Performance in the Last 3 Months"

Korea Investment Trust Management announced on the 23rd that the ACE KPOP Focus Exchange-Traded Fund (ETF) has the highest return among domestic equity ETFs.

According to the Korea Exchange, as of the 20th, the ACE KPOP Focus ETF recorded a recent 3-month return of 37.44%. The return, which was only 7.25% over the past 6 months, appears to have risen significantly recently. The 3-month return of the ACE KPOP Focus ETF is the highest among 372 domestic equity ETFs (including leveraged and inverse ETFs).

The ACE KPOP Focus ETF, launched by Korea Investment Trust Management in January, is based on the 'iSelect K-POP Focus Index.' The constituent stocks are selected based on KOSPI entertainment-related sales data. Among the 10 selected stocks, approximately 95% of the weighting is concentrated on the top 4 stocks with dominant market capitalization.

The top constituent stocks include △HYBE (25.39%) △SM (24.88%) △JYP Ent (24.52%) △YG Entertainment (20.18%). These weightings reflect the allocation of about 25% to the top three companies by market capitalization and 20% to the fourth. Among entertainment-themed ETFs listed domestically, ACE KPOP Focus ETF is the only one with over 90% weighting in the four major agencies.

Korea Investment Trust Management is also running a net purchase certification event for the ACE KPOP Focus ETF. The event runs until the 31st and participation is possible by subscribing to Korea Investment Trust Management’s YouTube channel and certifying ownership of 10 or more shares of the ACE KPOP Focus ETF. Among participants, 200 will be selected by lottery to receive limited edition goods from HYBE artists such as BTS and Seventeen. Both existing investors holding the ACE KPOP Focus ETF and new investors purchasing for the event can participate.

Kim Seunghyun, head of ETF consulting at Korea Investment Trust Management, said, “Over the past 1-2 years, the KPOP industry faced difficulties in stock prices due to domestic and international adversities and individual company issues,” but added, “Recently, the industry has shown signs of improvement supported by major artists’ comebacks and expectations of restored relations with China.”

He continued, “At the point when the growth trend of the KPOP industry reappears, attention should be paid to the ACE KPOP Focus ETF, which concentrates investment on the top four companies with strengths in artist discovery capabilities and global networks.”

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