'Medical AI Company Investment ETF' and 6 Other Types to be Listed on the 28th

The Korea Exchange (KRX) announced on the 24th that six exchange-traded funds (ETFs) issued by Samsung Asset Management, Kiwoom Asset Management, KB Asset Management, and KCGI Asset Management will be listed on the KOSPI market on the 28th.

Korea Exchange, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@

'KOSEF Medical AI' is a product that invests in domestic medical companies based on artificial intelligence (AI). It includes stocks with a market capitalization of over 50 billion KRW and an average daily trading volume of over 1 billion KRW for 60 business days as of the stock selection date, with a total expense ratio of 0.49% per year.

'KCGI US S&P500 TOP10' is a product that invests in the top 10 companies by market capitalization within the S&P 500 index. The portfolio is composed of major stocks representing US big tech companies, insurance, and healthcare industries.

'KOSEF US Blockbuster Biotech Pharmaceuticals+' invests in biotech companies listed in the US that have pharmaceutical products with annual sales exceeding 1 billion USD or are expected to hold such products within the next five years.

'KODEX US Dividend +10% Premium Dow Jones' is a monthly distribution product that combines investment demand for US dividend growth stocks with steadily increasing dividend payments and income-type assets.

It consists of approximately 101 stocks and employs a target premium strategy using covered calls.

'KODEX US AI Tech TOP10 +15% Premium' is a monthly distribution product that combines investment demand for the growth momentum of AI tech companies leading the US stock market rally and income-type assets.

'KBSTAR US 30-Year Treasury Active' is an active product that invests in US 30-year Treasury bonds and allows investment in fluctuations of the KRW/USD exchange rate.

The price per unit for these six products is 10,000 KRW.