Overview
Description
Kiwoom Global Electric Fund is an exchange-traded fund (ETF) that focuses on providing investment exposure to the burgeoning global electric vehicle (EV) market. The fund's primary purpose is to track and reflect the performance of companies involved in the manufacturing, development, and supply of electric vehicles and related technologies. This includes firms in the sectors of battery production, EV component manufacturing, and the infrastructure supporting electric mobility, like charging stations.
The Kiwoom Global Electric Fund endeavors to tap into the growth potential of the electric vehicle industry as global demand for sustainable and eco-friendly transportation solutions intensifies. It serves as a strategic tool for those looking to capitalize on the transition from traditional fuel vehicles to electric alternatives without having to invest directly in individual companies.
In the financial market, this ETF offers diversification within the electric vehicle sector, providing investors with a basket of securities that embody the industry's ecosystem. It allows market participants to mitigate specific company risk while participating in the broader trends that drive the shift toward electrification in transportation. This fund plays a crucial role in aligning investment portfolios with sustainable growth trends and technological advances.
About
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Website
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Instrument type
ETF
Country
South Korea
MIC code
XKRX