Samsung Active Asset Management Launches 'KOSDAQ FOCUS' Fund

Samsung Active Asset Management has newly launched the 'Samsung Active KOSDAQ FOCUS Fund,' which concentrates investments in promising KOSDAQ stocks expected to lead the future industries of South Korea.

On May 6, Samsung Active Asset Management announced the launch of the Samsung Active KOSDAQ FOCUS Fund, utilizing the KOSDAQ index.

This fund identifies key stocks using the KOSDAQ index and implements an active investment strategy. Sales began on April 30 through Mirae Asset Securities, Woori Investment & Securities, and Shinhan Bank.

The fund is managed using a strategy similar to the 'KoAct KOSDAQ Active' Exchange Traded Fund (ETF), which was listed in March. Since its listing, the ETF has attracted a cumulative net purchase of 640.4 billion won by individual investors and grown to a net asset value of 924.8 billion won, drawing significant market attention. The Samsung Active KOSDAQ FOCUS Fund follows a similar management strategy as the ETF but offers the benefits of a public fund, providing more convenience in trading and a potentially more diversified portfolio by increasing the number of holdings.

Samsung Active Asset Management has structured a systematic investment universe by categorizing the KOSDAQ market not simply as a collection of stocks, but into seven key growth industries. Specifically, the fund focuses investments in approximately 800 promising companies across the following sectors: pharmaceutical and biotechnology, aerospace and defense, artificial intelligence (AI) software, semiconductor materials, components and equipment, energy storage systems (ESS) and energy, robotics, and media, entertainment, and consumer goods.

The fund’s management leverages the extensive expertise Samsung Active Asset Management has built in the small and mid-cap sector. The fund is overseen by Chief Portfolio Manager Kim Jiun, supported by a dedicated task force (TF) consisting of senior analysts from the research center and active ETF managers.

Kim Jiun, Chief Portfolio Manager at Samsung Active Asset Management, stated, “The KOSDAQ is a dynamic market where all societal changes, such as demographic shifts, energy transition, and AI innovation, are reflected first. After last year's large-cap rally, it is highly likely that the uptrend will expand to small and mid-cap stocks. We also expect that the sales of the National Growth Fund will continue to have a positive impact on the KOSDAQ small and mid-cap market.”

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