KB Asset Management announced on the 20th that it has changed the product name of the RISE US Big Data TOP3 Bond Mixed ETF to 'RISE TeslaAppleAmazon Bond Mixed ETF.'
This change aims to intuitively and easily convey the core constituent stocks of the exchange-traded fund (ETF), such as Tesla, Apple, and Amazon, to investors.
The RISE TeslaAppleAmazon Bond Mixed ETF invests 13.3% each in Tesla, Apple, and Amazon, leading US big tech companies, while the remaining 60% is allocated to government and public bonds in a bond-mixed ETF format. Through daily rebalancing, it maintains a 40:60 ratio between stocks and bonds, with bond holdings replaced once quarterly.
Big data is a core technology representing the Fourth Industrial Revolution. Storing, managing, and analyzing vast amounts of data to establish differentiated customer strategies is a crucial competitive advantage for companies.
The RISE TeslaAppleAmazon Bond Mixed ETF includes only the top companies in the data sectors among US big tech firms. Apple leads in the 'personalized devices sector,' Amazon in the 'data platform sector,' and Tesla in the 'mobility data sector.'
Investors interested in pension investments should pay attention to the 'RISE TeslaAppleAmazon Bond Mixed ETF.' Currently, retirement pension accounts limit stock holdings to 70%, requiring at least 30% investment in safe assets. Investing in the 'RISE TeslaAppleAmazon Bond Mixed ETF,' which contains 40% stocks, effectively increases the stock portion by 12%.
It also offers the benefit of investing in the dollar, a representative safe asset. Since the RISE TeslaAppleAmazon Bond Mixed ETF does not implement currency hedging, the 40% stock portion is exposed to fluctuations in the USD-KRW exchange rate.
No Areum, Head of the ETF Business Division at KB Asset Management, said, "We changed the ETF name intuitively so that investors can easily understand the core strategy of the product. It will be an attractive investment alternative for investors who want to maximize their stock allocation in retirement pension accounts."
The RISE TeslaAppleAmazon Bond Mixed ETF, with its new name, will maintain the same investment strategy as before and provide an effective asset allocation solution for retirement pension accounts and long-term investors.
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