Launch of the First European Defense ETF in Korea

NH-Amundi Asset Management has launched Korea's first exchange-traded fund (ETF) that allows investment in European defense companies, named HANARO European Defense ETF. This ETF includes major European defense firms such as Rheinmetall, Leonardo, BAE Systems, and Thales, and is based on the 'STOXX Europe Total Market Defense Capped Index' co-developed by Amundi and STOXX.
Europe is currently expanding investments in defense due to increasing geopolitical risks. The European Union has announced an 800 billion euro defense investment plan, which is expected to positively impact the growth and profitability of defense companies. Additionally, NATO has agreed to increase member countries' defense spending to 5% of GDP.
This environment aims to boost the profitability of European defense companies, and NH-Amundi's HANARO European Defense ETF provides domestic investors with an effective investment vehicle to capitalize on this growth opportunity. Given the strong investment plans supporting defense enhancement and industry growth, interest in this ETF is anticipated to grow.
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NH-Amundi Management, New Listing of HANARO European Defense ETF - meconomynews.comNH-Amundi Asset Management announced on the 29th that the HANARO European Defense ETF (Exchange Traded Fund) has been listed on the Korea Composite Stock Price Index (KOSPI) market. This ETF is a product that invests in major defense companies listed on European stock exchanges. The portfolio includes representative European defense platforms and defense technology companies such as Rheinmetall, Leonardo, BAE Systems, and Thales. The index will be regularly adjusted each quarter to modify the included stocks and their weightings. The underlying index is 'STOXX Europe T', jointly developed by Amundi and STOXX.

NH Amundi Asset Management Lists HANARO European Defense ETF… "Investing in European Rearmament" - NewsPim[Seoul=NewsPim] Reporter Song Ki-uk = NH Amundi Asset Management announced on the 29th that it has listed the HANARO European Defense ETF, which diversely invests in leading European defense industry companies, on the stock market. HANARO European Defense ETF is a product that invests in major defense companies listed on the European stock exchange. ▲Rheinmetall (Rhein
Time to Invest in European Defense…NH Amundi Lists HANARO European Defense ETF - Yonhap InfomaxFor the first time in Korea, an ETF focused on investing in the European defense industry has been launched. On the 29th, NH Amundi Asset Management announced the listing of the HANARO European Defense ETF, which diversifies investment across major defense platforms and defense technology companies in various European countries. The HANARO European Defense ETF includes major defense companies listed on European stock markets such as Leonardo, BAE Systems, and Thales in its portfolio. The index constituents and weights are adjusted quarterly through regular index rebalancing. NH Amundi Asset Management uses an index designed by Amundi, Europe's largest asset manager, as its benchmark.
'Investing in European Armament'... NH-Amundi Management, Lists HANARO Europe Defense ETF - Seoul Economic DailySecurities > Policy News: NH-Amundi Asset Management announced on the 29th the listing of the 'HANARO Europe Defense Exchange-Traded Fund (ETF)', which diversely invests in leading European defense industry companies...