ABOUT KODEX K-Eco Ship Active
This entity is an exchange-traded fund (ETF) that focuses its investments on companies within the South Korean market that are actively engaged in the shipbuilding industry and related sectors, with a specific emphasis on environmentally conscious practices and technologies. The fund seeks to track the performance of an index that reflects this specific segment, aiming to provide investors with exposure to businesses involved in the construction, repair, and maintenance of vessels, as well as those developing and supplying components, materials, and systems associated with "eco-friendly" maritime operations. These eco-friendly initiatives may include areas such as the development of alternative fuel propulsion systems, energy-efficient hull designs, the use of advanced materials that reduce emissions, and other technologies that aim to minimize the environmental impact of the shipping industry. Essentially, the ETF provides a vehicle for investors to tap into the growth potential of the South Korean shipbuilding sector while also aligning with the global trend toward sustainable and greener maritime transportation. It aims to capture opportunities presented by companies that are at the forefront of innovation in this space, and are adopting new technologies and practices that help the industry reduce its carbon footprint. The ETF is designed to allow investors to diversify their portfolio across multiple companies in this field, rather than having to individually select stocks, and therefore spread out the risk.