'KINDEX Global TOP10 ETF'.. Shall We Overcome the Stock Market Wave?

[Asia Economy Reporter Junho Hwang] Korea Investment Trust Management recommended the KINDEX Global Brand TOP10 Bloomberg Exchange-Traded Fund (ETF), which allows diversified investment in global top-tier stocks, as a long-term investment product to withstand the fluctuations of the domestic stock market on the 7th.

This ETF selects and invests in the number one companies in the top 10 global sectors. The top 10 sectors and representative stocks are Apparel & Textiles (Louis Vuitton Mo?t Hennessy (LVMH)), Food & Beverage (Coca-Cola), Household Products (Procter & Gamble (P&G)), Banking (JPMorgan Chase), Entertainment (Activision Blizzard), Hardware Tech (Apple), Semiconductors (NVIDIA), Software (Microsoft), Biopharmaceuticals (Pfizer), and Automobiles (Tesla).

Korea Investment Trust Management comprehensively evaluates market capitalization and profit margin in each sector to select the representative stocks. Then, it invests equally with about 10% allocation each. The portfolio is adjusted through regular rebalancing. This ETF is based on the 'Bloomberg Global Select Industry Leaders TOP10 Index' calculated by Bloomberg.

This ETF is the first product reflecting the investment philosophy and perspective of Jae-kyu Bae, CEO of Korea Investment Trust Management, who took office in February. CEO Bae said, "The essential purpose of an ETF is to manage risk easily and quickly through diversification," adding, "The KINDEX Global Brand TOP10 Bloomberg ETF, which invests by bundling global top-tier stocks, will be an efficient alternative to reduce the risks associated with direct investment in individual stocks at a time when market volatility has increased."