Hantoo Asset Management ACE POSCO Group Focus ETF, Excellent Performance in the Last 3 Months

Korea Investment Trust Management announced on the 13th that the ACE Posco Group Focus Exchange-Traded Fund (ETF) has the highest recent 3-month return among secondary battery ETFs.

According to the Korea Exchange, as of the previous day, the ACE Posco Group Focus ETF's recent 3-month return was recorded at 17.63%. This is the highest level among 20 domestically listed secondary battery theme ETFs (based on ETF CHECK classification). Although it showed poor performance over the past 1 year and 6 months since listing (-34.92%, -10.77%), it has recently been showing a rebound trend.

The ACE Posco Group Focus ETF is the first domestic Posco Group stock ETF listed by Korea Investment Trust Management in October 2023. It tracks the 'FnGuide Posco Group Focus Index' calculated and published by FnGuide. It is characterized by including six Posco Group stocks and the top market capitalization stocks within the same industry as the Posco Group.

Currently, the top holdings include Posco International, POSCO Holdings, Posco Future M, and Posco DX. The Posco Group has established an integrated supply system for secondary batteries through over 10 years of technology development and facility investment. Other than Posco Group stocks, companies such as Hyundai Steel and Samsung E&A are also included.

The advantage of the ACE Posco Group Focus ETF is that, due to its inclusion of Posco Group stocks, it broadly includes companies related not only to secondary battery materials but also to steel and liquefied natural gas (LNG). In the case of Posco International, the ACE Posco Group Focus ETF has the highest inclusion ratio among domestically listed ETFs.

Nam Kyung-moon, the fund manager and head of equity research at Korea Investment Trust Management, analyzed, "The secondary battery industry is expected to see demand recovery starting from the second half of this year after overcoming a temporary demand stagnation period. The domestic steel industry also has room for recovery as China, which had been aggressively supplying low-priced steel, has started steel production cuts due to U.S. tariff pressures."

He added, "Since both the secondary battery and steel industries are expected to gradually recover, investing in the ACE Posco Group Focus ETF could benefit from the improvement in business conditions."

The ACE Posco Group Focus ETF is a performance dividend-type product, and past performance does not guarantee future results. Also, investors should be aware that principal loss may occur depending on the management outcome.

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