Samsung Active Asset Management said on March 10 it has newly listed the KoAct Kosdaq Active ETF.

Samsung Active Asset Management classified the Kosdaq market as South Korea's "seven core growth drivers": bio, aerospace and defense, semiconductor materials, parts and equipment, robots, ESS and energy, AI software, and media, entertainment and consumer goods.

The ETF plans to focus 70 to 80 percent of its portfolio on high-growth stocks, while filling the remaining 20 to 30 percent with "hidden value stocks" that are undervalued relative to profit growth.

Key holdings include Qurient (bio), Sungho Electronics (electrical and electronics) and BHI (energy). It also includes Seowon Hightech (autos) and CJ Freshway (food and beverage), which are valued as value stocks.

At the initial listing stage, it plans to be managed with a total of 57 stocks, and the portfolio can change in real time depending on ETF management.

Kim Ji-woon (김지운), head of Management Division 2 at Samsung Active Asset Management, will oversee the KoAct Kosdaq Active based on 20 years of experience. He said, "Kosdaq is a market where all changes in the world, such as demographic structure shifts, the energy transition and AI innovation, are reflected first." He added, "We will do our utmost to uncover hidden gems based on the results of company visits confirmed on the ground."