Two New ETFs Launch on Korea Exchange on July 7: Defense and U.S. Space Tech Focus

According to the Korea Exchange, two passive ETFs will launch on the Korea Exchange on July 7. ACE K Defense TOP5+, managed by Korea Investment Trust Management, invests in 10 defense-related stocks listed on KOSPI and KOSDAQ, with the top 5 by keyword score fixed at 80% weighting. KIWOOM U.S. Space Tech Top 2 Bond Mix 50, managed by Kiwoom Asset Management, allocates 25% each to two U.S.-listed space industry companies and the remaining 50% to 10 government and central bank bonds.
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