nukoud.comPLUS Korea Defense Industry Index ETF
KDEF-AE · Abu Dhabi
PLUS Korea Defense Industry Index ETF
This fund will soon be available to trade on the Abu Dhabi Exchange (ADX). Data reflects the primary listing.
Description
The PLUS Korea Defense Industry Index ETF is a US-incorporated exchange-traded fund that provides focused exposure to South Korea's defense and military industrial sector. The fund seeks to replicate the total return performance of the Korea Defense Industry Index, before fees and expenses, by investing directly in the securities that constitute the index. South Korea has one of the most technologically advanced and export-oriented defense industries in the world, with companies spanning aerospace, armored vehicles, naval systems, and precision munitions. This ETF offers investors a targeted way to gain access to that sector's growth potential as global defense spending continues to rise.
