Midas Asset Management Lists New 'MIDAS KOSDAQ Active' ETF

Midas Asset Management announced on May 19 that it has newly listed the 'MIDAS KOSDAQ Active' Exchange Traded Fund (ETF).

According to Midas Asset Management, the core investment strategy of this product is to actively discover stocks based on thorough bottom-up (company-focused) research. Unlike conventional KOSDAQ index-tracking passive ETFs, which mechanically include large-cap stocks and are thus fully exposed to market volatility, the 'MIDAS KOSDAQ Active' ETF builds its portfolio strictly based on the manager's conviction.

The objective of the MIDAS KOSDAQ Active is to move beyond simply replicating index weights and to achieve excess returns over the index by making concentrated investments in high-quality companies that managers have identified through on-the-ground research. In particular, the fund plans to proactively include KOSDAQ small and medium-sized companies with global competitiveness that are at the forefront of technological paradigm shifts, and dynamically adjust portfolio allocations by precisely tracking individual companies' earnings turnaround points and order momentum.

Meanwhile, Midas Asset Management has recently further enhanced its investment capabilities by developing an AI investment management system that combines the insights of fund managers with the learning and analysis capabilities of AI, enabling simultaneous coverage of multiple stocks.

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