Korea Investment Global Space Technology & Defense, Redemption Cycle Shortened

Product Name Changed from Global Space Economy to Global Space Technology & Defense
Redemption Cycle Shortened from 9 to 5 Business Days

Korea Investment Trust Management announced on the 12th that the Korea Investment Global Space Economy Fund has changed its product name and shortened the redemption cycle.

The new name of the Korea Investment Global Space Economy Fund is ‘Korea Investment Global Space Technology & Defense.’ The product name was changed to clearly reflect the fund’s nature of investing in growth stocks with strong technological capabilities within the aerospace sector through the name ‘Space Technology.’

To enhance investor convenience, the redemption cycle was shortened by nearly half. Previously, redemption requests made before 5 PM were paid out on the 9th business day based on the price of the 4th business day. Now, payouts are made on the 5th business day based on the price of the 3rd business day.

The Korea Investment Global Space Technology & Defense Fund is characterized by its focused investment in space technology, which is a core beneficiary sector of the next Trump administration’s policies, particularly in space, defense, and manufacturing industries. It constructs a multi-dimensional investment universe based on the detailed themes of the space economy from the Organisation for Economic Co-operation and Development (OECD).

The fund employs a unique stock selection strategy, including researching leading technology companies partnered with the National Aeronautics and Space Administration (NASA). It quickly reflects market trends through quarterly rebalancing. As a public offering fund, it incorporates core management strategies while allowing the fund manager to respond swiftly to individual stock events.

As of the 31st of last month, according to the official website of Korea Investment Trust Management, major holdings of the Korea Investment Global Space Technology & Defense (UH C-e Class) include ▲Planet Labs (9.15%) ▲Rocket Lab (8.68%) ▲Intuitive Machines (6.92%) ▲Joby Aviation (5.42%) ▲Lockheed Martin (4.81%) ▲General Electric (4.58%) ▲Amazon (4.22%).

The fund has continued to deliver excellent performance by effectively reflecting recent market trends. According to FnGuide, the fund recorded a one-year return of 93.51%, the highest among globally launched domestic equity public offering funds (excluding ETFs) based on the UH C-e Class. The fund’s six-month return is 54.42%.

Kim Hyuntae, head of the Global Equity Management Department at Korea Investment Trust Management and the responsible fund manager, explained, “Space technology companies, as growth stocks, typically move inversely to interest rates, but recently stock prices have continued to rise despite the rebound in interest rates. This is due to the earnings growth of related companies such as low Earth orbit satellites and reusable launch vehicles.”

The Korea Investment Global Space Technology & Defense Fund is a performance dividend-type product, and past performance does not guarantee future results. Additionally, investors should be aware that principal loss may occur depending on management outcomes.