DS Asset Management, 14lists its first ETF, the 'DS KOSDAQ Active ETF'
DS Asset Management will list 7on 14its first exchange-traded fund, the 'DS KOSDAQ Active ETF.' The total fee is set at 1%, and the company said it incorporated 18years of hedge fund management know-how.
![DS Asset Management, 14lists its first ETF, the 'DS KOSDAQ Active ETF'(/blog-images/gen-850db9de-9d75-4fe0-9c55-59bed20ff673.jpg)
DS Asset Management will list 7on 14its first ETF, the 'DS KOSDAQ Active ETF.' The key point is that individual investors will be able to invest directly in an active exchange-traded fund targeting KOSDAQ.
The company said this product reflects 18years of hedge fund management experience. The management strategy and stock selection method are described in detail in the prospectus.
The total fee for this ETF was announced as 1%. The total fee item is specified in the prospectus and the asset manager's disclosures.
DS Asset Management’s total assets under management are 5.5 trillion won. This ETF is the company’s first product introduced as a listed product.
Regarding the background for the launch, the company said, “We will repay you with high returns.” Specific return targets and risk-control methods can be confirmed through management reports and disclosures.
The start of trading on the first day of listing, the size of the initial seed capital, and the composition of included securities must be confirmed through exchange disclosures and the ETF prospectus. Investors only need to first check the disclosed investment strategy and fee structure.
This product is classified as an active ETF. Unlike passive ETFs, which track an index as it is, an active ETF is structured so the manager directly selects securities and runs the portfolio.
Sources: 매일경제 증권
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