Specifically, KOR’s management team will deviate from its MSCI Korea benchmark to invest in growth-oriented companies and industries with favorable prospects while avoiding those with a negative outlook.
The managers will screen for factors like annual sales growth with sustained profit margins, annual earnings per share growth and anticipated sales or earnings per share growth. KOR’s strategy will target a mid- to long-term outlook and avoid short-term trades, focusing on fundamentals rather than short-term momentum.
As of September 29, top holdings include Samsung Electronics 15.2%, Lotte Chemical Corp 2.5%, Naver Corp 2.5%, KB Insurance Co. 2.5% and Hyundai Motor 2.5%.
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