Samsung Active Asset Management’s KoAct US Nasdaq Growth Companies Active Records 123.2% One-Year Return

Samsung Active Asset Management announced on June 25 that its 'KoAct US Nasdaq Growth Companies Active' Exchange Traded Fund (ETF) recorded a year-to-date return of 76.4% and a one-year return of 123.2%, ranking first in returns among Nasdaq index-related ETFs.

During the same period, the Nasdaq index recorded a year-to-date return of only 16.8% and a one-year return of 47.7%. The fund’s significant outperformance of the Nasdaq index was attributed to its active management strategy, which quickly reflected global macroeconomic changes, technological trends in cutting-edge industries such as artificial intelligence (AI), and companies’ earnings momentum in its portfolio.

When the war in Iran broke out, the fund actively included companies such as ExxonMobil and Baker Hughes that benefited from rising oil prices. At the beginning of the year, the so-called ‘Babel strategy’ also proved effective as the fund simultaneously incorporated AI central processing unit (CPU) companies—Intel, AMD, and ARM—which emerged as a new bottleneck in the AI industry with the advent of AI agents.

Although uncertainty persists due to high interest rates and oil prices, there are many factors expected to positively impact the fund's performance in the second half of the year. Notably, the US Federal Reserve’s ongoing monthly Treasury purchases of USD 25 billion since the beginning of the year, along with the explosive surge in token demand driven by the popularization of AI agents, are leading to upward revisions in profit forecasts for AI-related companies.

Hee-chang Yang, manager at Samsung Active Asset Management, stated, “Kevin Warsh, the new Fed chair, predicted that productivity innovations from AI technology would bring about both high economic growth and low inflation.” He added, “Rather than concerns over excessive base rate hikes, we believe it is effective to focus on the second quarter earnings momentum that will begin in earnest from mid-July and on strategies targeting leading companies transitioning to AI services and physical AI.”

This content was produced with the assistance of AI translation services.