Shinhan Asset Management's 'SOL ChoseonTOP3Plus' ETF Surpasses ₩5 Trillion Asset Mark

Shinhan Asset Management's 'SOL ChoseonTOP3Plus' ETF has surpassed the ₩5 trillion mark in net assets, marking a new milestone in the ETF market. This fund invests heavily in leading Korean shipbuilders like HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, along with related equipment companies. Benefiting from proven technological prowess and global competitiveness, it achieved an impressive 60.78% return, ranking first among domestic equity ETFs.
Notably, the positive market outlook of the shipbuilding industry's entry into a supercycle has attracted substantial interest from individual and institutional investors, resulting in a year-to-date net purchase amount of ₩1,928 billion. The ETF, breaking new ground as the first in sectors excluding semiconductors and secondary batteries to reach the ₩5 trillion net asset level, demonstrates the high regard for the industry.
Kim Jung-hyun, Head of the ETF Division at Shinhan Asset Management, emphasized the continuous technological innovation and revenue-generating capabilities of the Korean shipbuilding industry, projecting that it will hold a significant position in future investment areas. Despite large capital inflows, SOL ChoseonTOP3Plus maintains stable returns, garnering positive evaluations from investors.
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