Mirae Asset Launches 'Korea Active Theme ETF Wrap' Focused on Leading Theme ETFs
Focused Investment in Core Market-Leading Theme ETFs Driving the Domestic Stock Market
Mirae Asset Securities announced on April 27 that it will launch the advisory wrap account product 'Korea Active Theme ETF Wrap,' which focuses investment on leading theme exchange-traded funds (ETFs) in the domestic stock market.
This product is characterized by its active strategy, selecting core market-leading themes and concentrating investments in a small number of ETFs, while flexibly adjusting allocations in response to market changes. Proactive risk management is also implemented, based on the professional advisory of Mirae Asset Global Investments.
The core of the product is the 'selection of leading themes.' Rather than focusing on short-term event-driven themes or undervalued turnaround stocks, it conducts a comprehensive analysis of sustained earnings growth, global narratives, and the spread of related stocks, concentrating on themes with high market leadership. Semiconductors, defense and aerospace, nuclear energy, and robotics have been presented as representative candidates for leading themes.
Unlike general diversified products, the portfolio assigns higher weights to themes with the strongest market momentum. Rebalancing is carried out frequently, reflecting ETF flow data, price momentum, changes in the number of leading stocks, and changes in earnings estimates. When market risk increases, the proportion of cash-equivalent assets is expanded to manage downside volatility.
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Park Geonyeop, Head of Client Asset Management Division at Mirae Asset Securities, said, "As the number of domestically listed ETFs is rapidly increasing, ETF selection capabilities and operational agility have become even more important. We expect that the differentiated features of the EMP-type wrap strategy—which goes beyond simple index tracking to actively select, replace, and adjust market-leading themes—will be further highlighted."
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